Technical analysis
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anupam666
Read this statement "MFI is used as an oscillator. A value of 80 is generally considered overbought, or a value of 20 oversold. Divergences between MFI and price action are also considered significant, for instance if price makes a new rally high but the MFI high is less than its previous high then that may indicate a weak advance, likely to reverse." .... what they actually mean by "likely to reverse" ... does it mean that price will likely to go down resulting a reverese in up trend of price or it means MFI will be reverse, resulting a higher trend in MFI? ... anyone if possible pls help me..thanks in advance :-)
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