Actually the 1 hour shows a better example...
See how between the price and the regular RSI there was no div, however look at the historical and we seethe range never made the low but the price did.
The trick is to enter on these as the price breaks before they snap back. Put the stop just under them hoping to reach the EMA which it did.
See how between the price and the regular RSI there was no div, however look at the historical and we seethe range never made the low but the price did.
The trick is to enter on these as the price breaks before they snap back. Put the stop just under them hoping to reach the EMA which it did.
1