Paun British / Dolar A.S.Pendidikan
GBPUSD RSI divergence trading opportunity
Good Morning, Traders! This morning I have come across a great example of an RSI divergence trade. I do not personally trade on RSI divergence alone, but this specific trade lines up with a daily level of structure. I know there are many traders that do trade on RSI divergence alone, so I wanted to point out this opportunity and use this chart as an educational opportunity for anyone who is having trouble identifying RSI divergence. As you can see on the illustration, the GBPUSD is making higher highs as the RSI indicator continues to make lower highs. We call this RSI divergence.
For more educational resources about trading check out my YouTube and Website.
YouTube: Type in The Trading Channel in the search bar
Website: thetradingchannel.net
Have a great trading day.
For more educational resources about trading check out my YouTube and Website.
YouTube: Type in The Trading Channel in the search bar
Website: thetradingchannel.net
Have a great trading day.
Penafian
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