#VIRTUALWhale

RSI indicator

Purpose:- use to determine overbought/oversold condition 

Interpretation:-

Overbought:-

                         price moves too quickly &due for correction 

Oversold:-

                  price moves low too quickly and due for correction 

Bullish divergence:-

                  When price make lower low & RSI make a higher low .

Bearish divergence:-

                       When price make higher high and RSI make lower high.