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Re: MACD&RSI

macd & rsi, Mon Apr 15, 2019 8:09 pm

Hi guys !! :D

hope have a nice weekend !

let's have a look at SILVER's chart

every time frame show a great bearish trend have been broken and price now is on its correction wave . but indicators do not show any sign of the end of that correction wave . it seems price falls much .
but on the H1 time frame , we have a good divergence and a noticeable RSI level ,, which I have showed with khaki ellips . IF this level breaks , then price start its falling , and continue its bearish wave , but for continuing the bullish wave , price should goes up 15.30 , which means break the EMA21 weekly and daily ( orange and pink line ) and brown trend line .
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