#TradingTools101 indicators, it's like trading with your eyes closed. š Here are three key indicators that can sharpen your market insight and boost your odds:
1. RSI (Relative Strength Index)
This momentum oscillatorāranging from 0 to 100āmeasures how strong recent price moves have been. An RSI above 70 suggests a market is overbought, while below 30 means it's oversold . Itās great for spotting potential reversals or confirming trends when used alongside other tools .