#TradingTools101
Essential Trading Tools:
Understanding and utilizing trading indicators can significantly enhance your trading strategy. Here are a few key indicators that I find invaluable:
1. Relative Strength Index (RSI):
The RSI measures the speed and change of price movements on a scale of 0 to 100. Typically, an RSI above 70 indicates that an asset is overbought, while an RSI below 30 suggests it is oversold. This can help identify potential reversal points.