I was referring to current grail in RSI, not from months ago. Curious what the OP thinks about the current grail, TY!
Buy1Sell2, you mean a divergence! What you are referring to is whats commonly called a POSITIVE DIVERGENCE terminology: When the price makes a new low while the indicator(usually stoch and/or rsi) starts to climb upward(usually in a series of higher troughs) Old news........... Good chart example though.
TY! I know what it's called, it's TA 101. OP called this grail 'The Actual Grail', monthly chart is still bearish, therefore is it prudent to say that this example, according to OP is 'The Actual Grail'?
.........if its the Grail then its only half full of a good Pinot Noir wine bcuz the smaller the time frame the less reliable it is. This is bcuz of more "random walk" prevalence .......usually gives you more defined diverg. signal when you're looking at time frames of 15 min and longer.....from my experience.
as far as I understand The Grail, the divergence has to be within the primary trend , not against it as we have right now.