RSI Indicator (Relative Strength Index with Japanese Candles can be a powerful tool for identifying entry and exit points in trades. Here’s how to use it with Japanese candles.

First: What is RSI?

It is a momentum indicator that measures the speed and magnitude of price movements of RSI.

It ranges from 0 to 100.

Common levels:

Above 70 indicates that the asset is in the Overbought region.

Below 30 indicates that the asset is in the Oversold region.