Get started
olly_price

RSI divergence with structure

Long
CANADIAN DOLLAR / BRITISH POUND (FX_IDC:CADGBP)  
olly_price  
FX_IDC:CADGBP   CANADIAN DOLLAR / BRITISH POUND
CAD GBPCAD Forex forextrading rsi_divergence Relative Strength Index (RSI) structure oversold Fibonacci patternsjpy
3
0
cad-dollar gbpcad forex forextrading rsi_divergence relativestrengthindex structure oversold fibonacci patternsjpy
Very strong divergence between the market price and the RSI, which is approaching an oversold region.

I would go long now or wait until the RSI actually goes into oversold territory. Just posting these RSI divergence trades as ideas, I don't usually trade them but it will be interesting to explore this as a potential addition to my strategy.

See below for previous successful RSI trades I have done.

Related Ideas

olly_price
Strong bullish divergence on platinum
olly_price
Bullish divergence approaching oversoal territory
olly_price
Bearish divergence on gold
olly_price
GBPEUR double bottom with strong bullish divergence
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.