Abhishek Chinchalkar, CMT Profile picture
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Sep 26, 2021 19 tweets 7 min read
A thread between normal divergence and hidden divergence between price and RSI (Relative Strength Index)

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#trading #investing #technicals #RSI A NORMAL divergence (henceforth, I will simply call this as divergence) occurs when RSI is at an EXTREME (around 70 & above or 30 & below). It is a REVERSAL pattern, wherein you trade against the direction of the larger trend