fbpx

relative strength index

/Tag: relative strength index

RSI Indicator | How to trade the overbought & oversold condition?

Technical Analysis isn't just about trading the trend. It has techniques up its sleeve to identify the reversal. And the best among the lot to identify the reversal is the Relative Strength Index, aka RSI indicator. It defines the overbought and oversold zones of the market and the RSI crossover from the zones signals a profit booking (correction) rally or trend reversal. So when the trend bucks, make bucks with the RSI indicator. Relative Strength Index - The momentum oscillator RSI indicator is a measure of strength and momentum of the price moves. And the measure is plotted on [...]

RSI Indicator | How to trade the overbought & oversold condition?2019-06-11T15:12:02+04:00