Bullish and Bearish divergence - which one?

Beginner Questions Candlesticks, Chart Patterns, and Price Action
1

Hi everyone:

See screen capture below from a Renko chart:
Capture

How would you trade this or interpret the divergence shown on the chart?

Because price has been in a general downtrend, would you go with the bearish divergence (the yellow line/text)?

Or the earlier bullish divergence (the white line/text) since the oscillator on the bottom is generally climbing?

THank you.

2

I once had a RSI divergence strategy myself. But without context (Pair, Timeframe) i cant tell you which divergence i would consider more meaningful. But if i had to make a decision i would rather go short than long. More context please, then we can talk about other confluences you could consider.

3

You can use stop orders, one for long, one for short.