hello excellent content. I am new to this ... could you explain a little more to me..? sorry
Ardis Spain tsAK
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Scalping for beginners. The "secrets" of the RSI indicator: today I want you to better understand the scalping strategy I published a few days ago. The RSI is an oscillating indicator that shows the strength of the market. If we see a bearish or bullish trend in the candles and the RSI shows the opposite, as we can see in the chart, we say there is a divergence. This signal can be very important as an entry or exit point. In my case, when the red candle almost touches the lower line of the DonChainBreakout channel, just as I explained earlier, and with the confirmation of a bullish divergence, I bought when it touched the upper part of the channel. With the double confirmation of the RSI for overbought and bearish divergence, I sold, obtaining the profit we see, not bad. If you like the content, let me know in the comments and I will publish new strategies and delve into the theory so that we do not execute it mechanically. My strategies will always be carried out on free TradingView with only 2 indicators. Happy trading!
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