Soes Bandit
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Hi guys,
I'm wondering if someone could help me? It's a noob question so I apologise in advance.
I do not fully understand the difference between the above. For example, with a bearish divergence and a positive reversal, both the RSI is declining and price is rising. The only difference is the price action that occurs after (bearish divergence price falls... positive reversal price rises). How do you know which it's going to be?
I believe that typically bearish divergences are going to occur in a bull market?
Thanks![Smile :) :)](data:image/gif;base64,R0lGODlhAQABAIAAAAAAAP///yH5BAEAAAAALAAAAAABAAEAAAIBRAA7)
I'm wondering if someone could help me? It's a noob question so I apologise in advance.
I do not fully understand the difference between the above. For example, with a bearish divergence and a positive reversal, both the RSI is declining and price is rising. The only difference is the price action that occurs after (bearish divergence price falls... positive reversal price rises). How do you know which it's going to be?
I believe that typically bearish divergences are going to occur in a bull market?
Thanks