#TradingTools101 I will explain 3 indicators that will help you better understand the market and increase your chances
RSI Relative Strength Index
Simply put, this indicator tells you if the currency has been overbought or not.
If the number is above 70 → the market is saturated with purchases, it could go down.
If below 30 → the market is saturated with sales, it could go up.
This tells you when to buy and when to wait.
MACD Momentum Indicator
It consists of two lines that cross + columns that move.