Is this a valid Positive Divergence to get long

Beginner Questions
1

I would like to ask is this a Positive Divergence ? In the pair the prices are going down, but the RSI is not moving with the price. On the basis on this can we take long ? Thank you all in advance

euro-usd.jpg700×421 37.6 KB

2

not really. RSI is only a predictor, not a controller. price MAY go up, but doesn’t have to - not now, not at this level. also, RSI hasn’t made a clear upwards move and it not above the high between the two points you chose (the two humps between 14 June and 4 July, above your red line)

besides, you’re trading PRICE, not RSI. your balance is measured in dollars, not RSIs. use RSI to help you and offer some advice, but TRADE THE ACTUAL PRICE.

3

I believe on 13/7/2012, it was positive divergence and after that it did go up. Now the scenario has changed. As mentioned by “SoundofLight”, it should make clear up move.