✅ What is RSI?
🔸 RSI = Relative Strength Index
🔸 Its function: measures the speed and strength of price movement (momentum)
🔸 Appears as a line that moves between 0 and 100
> The main goal of RSI is to indicate whether the currency or stock is in a state of:
Overbought
Oversold
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🧮 How do we read RSI?
RSI Value Interpretation Possible Action
Less than 30 Oversold 🟥 — may start to rise Consider buying
Above 70 Overbought 🟩 — may start to fall Consider selling
Between 30 and 70 Normal range or fluctuation Wait for a signal or confirmation
> The default setting is 14 candles