📢 Update: I’m moving this handle to a new space — @Trend_script
All future chart posts, studies & market insights will be shared there and this handle will be deleted in a few days.
Those interested can follow on @Trend_script for live charts, trends & setups.
@prynkverma Imo rsi divergence shouldn't work in monthly because of changing fundamentals and macros. A lot has changed since 2024 - Indian election, us election, market participation has also reduced, weekly expiry of major indices stopped.
@prynkverma Yes but weekly & monthly candles are bullish. Short term no correction imo...may be a long correction along with time may be. Monthly rsi crossed above average it doesn't intercept very frequently. Rest market knows what it wants to do 😄
@prynkverma A lot of views confuse me. Experience yes it counts but it creates bias which isn't good. A trader should stick to technicals only not hold any bias.
@prynkverma Why listen to anyone when you can do technical analysis yourself ? Koi bhagwan toh hai nhi...I do my technical analysis and don't listen to anyone 🙂↔️
October has been nothing short of adventurous for me. Dived into a new strategy, many trades were losing some even turned multiple times. Learned many new things on @X. Finally it's time to say bye to all of you. Will make first post on @Trend_script tomorrow about indicators.