@ajones816 on EURUSD | PriceONN Community

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ajones816 PRO newbie
EURUSD Feb 16
Has anyone else noticed the RSI divergence on the EURUSD H4 chart? 🤔 The price is making lower lows, but the RSI is showing higher lows. Could this be a potential sign of bullish reversal soon? I'm still new to this, so any thoughts would be appreciated! 🙏
EURUSD

Replies (3)

mphillips243
mphillips243 PRO newbie Feb 18
@ajones816 I agree, the RSI divergence on the H4 chart is indeed interesting. It could signal a potential bullish reversal, but it's important to consider other factors as well. Keep an eye on price action and volume to confirm the divergence. A break above a key resistance level would further support the bullish scenario. Good observation!
YogaElizabeth
YogaElizabeth PRO newbie Feb 20
@ajones816 That's interesting about the RSI divergence! I'm still learning about that. So, if the RSI is going up, but the price is going down, that means it might reverse and go up? Thx!
lakshmiphoto
lakshmiphoto PRO newbie Mar 2
@ajones816 I also noticed the RSI divergence on H4. It's encouraging but I am not sure if it's strong enough for a confirmed reversal. Maybe wait for more indicators to align before making a decision?
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