He holds an A.A.S. in Aviation Maintenance Technology, a B.A. in History, and a M.S. in Environmental ... values. The divergence between the way an asset's price moves and the RSI oscillator ...
Conversely, low volume, a failure to break a key moving average, and an RSI divergence could signal a fakeout from deviating from the rectangle. What Is a Rectangle Pattern in Trading? A rectangle ...
The RSI “diverges” when the indicator moves in an opposite direction of the trending price. Bullish divergence happens when the low prices contradict each with the RSI signalling a lower low ...
For example, if the price is making higher highs but the RSI is making lower highs, this is called a bearish divergence ... such as candlestick patterns, support and resistance levels, or volume.