📊 Master RSI Divergences with This Cheat Sheet!
💪 RSI divergences can be a powerful tool for spotting potential market reversals. Here's a quick breakdown:
🔼 Bullish Divergences:
🟢Strong: Price makes a lower low, but the RSI shows a higher low.
🟢Medium: Price hits equal lows while RSI trends upward.
🟢Weak: Price creates a lower low, but RSI shows a equal low.
🟢Hidden: Price makes higher lows, while RSI creates lower lows, signaling continuation.
🔽 Bearish Divergences:
🔴Strong: Price makes a higher high, but RSI shows a lower high.
🔴Medium: Price hits equal highs, while RSI trends downward.
🔴Weak: Price creates a higher high, but RSI shows equal highs.
🔴Hidden: Price makes lower highs, while RSI creates higher highs, signaling continuation.
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