RSI (Relative strength index )@CAPTAIN TRADE 07
This trading Indicator strategy is one of the super working strategy all times .
๐ก๏ธLet's explain ๐ฏ๐ธ
Indicator -Not gives confirmation.โโ
it gives prediction where the price is going.
โฆ๏ธRSI total scale range =(0-100)
it's run between 0-100 range and the confirmation of buying and selling :-
๐SELLING STRATEGY ๐
when the range is between 60-100 means (overbought) and price face resistant level and make double top structure so you are placed the order for Selling and the target ๐ฏ is booked at the range at 30-40 Scale range .
๐BUYING STRATEGY ๐
when the range is between 30-0 means (overselled) and price face support level and make double bottom structure so you are placed the order for buying and the target ๐ฏ is booked at the range at 60-100 Scale range .
This is advance method of RSI so use carefully and booked long profit๐ธ in market .
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