It's just a strategy.
You can use it for long or short.
If the price had been falling or rising, you start to watch the price.
Fall or rise has to be stop at one point. If you see positive or negative divergence on RSI and a bounce move, you can say "okay, this movement had been stop and I take a position at now"
You can use everything
You can use it for long or short.
If the price had been falling or rising, you start to watch the price.
Fall or rise has to be stop at one point. If you see positive or negative divergence on RSI and a bounce move, you can say "okay, this movement had been stop and I take a position at now"
You can use everything