RSI Hidden Divergence confusion

[jatin_the_great2003]

Hello Friends,

I have a small confusion about a valid RSI hidden divergence.

Lets suppose i am looking at RSI Bullish HD.. So does it imply the second(or both) bottom/s of the RSI should compulsorily be in Oversold region.?

Opposite for RSI Bearish Hidden Divergence. The top/s should be in Overbought region.

Thank you all in advance.

 

[amitrandive]

Hello Friends,

I have a small confusion about a valid RSI hidden divergence.

Lets suppose i am looking at RSI Bullish HD.. So does it imply the second(or both) bottom/s of the RSI should compulsorily be in Oversold region.?

Opposite for RSI Bearish Hidden Divergence. The top/s should be in Overbought region.

Thank you all in advance.

 

[XRAY27]

Hello Friends,

I have a small confusion about a valid RSI hidden divergence.

Lets suppose i am looking at RSI Bullish HD.. So does it imply the second(or both) bottom/s of the RSI should compulsorily be in Oversold region.?

Opposite for RSI Bearish Hidden Divergence. The top/s should be in Overbought region.

Thank you all in advance.

As a matter of rule there is no compulsion that both bottom's should be at overold region

 

[jatin_the_great2003]

As a matter of rule there is no compulsion that both bottom's should be at overold region

So does any 1 bottom/peak needs to be in Oversold/Overbought region respectively.?

 

[XRAY27]

So does any 1 bottom/peak needs to be in Oversold/Overbought region respectively.?

As a rule that is not there, but if that setup happen then it is good one to trade