forex:indicators:rsi_relative_strength_index
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forex:indicators:rsi_relative_strength_index [2022/12/09 22:03] – created peter | forex:indicators:rsi_relative_strength_index [2022/12/09 22:30] (current) – peter | ||
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The RSI value of more than 70 shows an overbought market, while a value lower than 30 shows an oversold market. | The RSI value of more than 70 shows an overbought market, while a value lower than 30 shows an oversold market. | ||
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+ | Can track the 50 level on the RSI and use that as a way to identify pullbacks that can be used to enter an existing trend. |
forex/indicators/rsi_relative_strength_index.1670623423.txt.gz · Last modified: 2022/12/09 22:03 by peter