The RSI Episode and How to Use It Professionally
📈 RSI Indicator — The King of Momentum Indicators!
Do you want to discover reversals before they happen? The RSI indicator is your early warning system.
👉 Learn how to precisely 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 and Trade Like a Sharpshooter! 🎯
🧠 What is the RSI Indicator?
RSI = Relative Strength Index
It measures the speed and strength of price movement on a scale from 0 to 100
And it reveals to you whether the currency is overbought (may drop) 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 equilibrium
But beware — 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 remain in overbought or oversold areas for a very long time
🔍 How to Use RSI in Real Trading:
✅ Reversals: If RSI drops below 30 and then starts to rise → Buy Signal
✅ Divergence: Price makes a new high but RSI doesn’t? This is a bearish divergence
✅ Trend Confirmation: RSI stays above 50 = Strong Uptrend
✅ 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