📈 RSI Indicator — King of momentum indicators!
Want to discover reversals before they happen? The RSI is your early warning system.
👉 Learn how to accurately set your entry points using this powerful indicator ⚡
Welcome to episode 13 of:
"Understand indicators like a pro" 🔍
Today's topic: RSI — Watch for overbought/oversold and trade like a sniper! 🎯
🧠 What is the RSI indicator?
RSI = Relative Strength Index
Measures the speed and strength of price movement on a scale from 0 to 100
And reveals whether the asset is overbought (may decline) or oversold (may bounce back up)
📌 Key RSI levels:
Above 70 = Overbought (🚨 may be a selling opportunity)
Below 30 = Oversold (📈 may be a buying opportunity)
Around 50 = Neutral zone — Market balance
But be careful — it’s not just the numbers that matter, but the context of the movement as well.
⚠️ Common mistake:
RSI at 70 ≠ Direct drop
RSI at 30 ≠ Direct rise
👉 In strong trends, RSI may stay in overbought/oversold regions for a very long time
🔍 How to use RSI in real trading:
✅ Reversals: If RSI drops below 30 and then rises → Buy signal
✅ Divergence: Price makes a new high but RSI doesn’t? This is a bearish divergence.
✅ Trend confirmation: RSI stays above 50 = Strong upward trend
✅ Sideways market: Use RSI in sideways markets to buy from the bottom and sell from the top
🚀 A professional strategy using RSI:
Identify support or resistance areas
Watch for divergence between price and RSI
Wait for RSI to cross back above 30 (for buying) or below 70 (for selling)
Use a tight stop loss and ride the wave smartly
📌 Next episode: Bollinger Bands — How to predict price explosions using market volatility 🧨📊
Follow me now to learn how to distinguish between a real explosion and a fake trap!