ilmscore | Prediction Details
"rule number one I want to make sure the RSI is overbought before I start looking for divergence to the selling direction oversold if we're going the opposite direction pretty obvious but after rule number one's in place I don't want to just trade based on one candlestick making a higher high I want to make sure that's a swing high in order to do that is me looking for or the way I identify that is with this two candle pullback"
By The Trading Channel (The Trading Channel) | May 12, 2020 | Pending
From video
A RSI Divergence STRATEGY (That Actually Works...) 00:07:15 - 00:07:39
Interpreted Prediction
To spot divergence for selling, the RSI must be overbought. After this, a single higher high is not enough; it must be a swing high, identified by a two-candle pullback.

Prediction Details

Topic
Divergence

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