RSI Simplified
https://abs.twimg.com/emoji/v2/... draggable="false" alt="π" title="Ledger" aria-label="Emoji: Ledger">
https://abs.twimg.com/emoji/v2/... draggable="false" alt="π΅" title="Blue circle" aria-label="Emoji: Blue circle">Its one of the leading indicator which measures the strength of any move in price
https://abs.twimg.com/emoji/v2/... draggable="false" alt="π΅" title="Blue circle" aria-label="Emoji: Blue circle">Its an oscillator which moves between two extremes (0β100)
https://abs.twimg.com/emoji/v2/... draggable="false" alt="π΅" title="Blue circle" aria-label="Emoji: Blue circle">Reading above 70 indicates overbought while below 30 indicates oversold sentiments
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#StockMarket #Technicals
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#StockMarket #Technicals
RSI Simplified
https://abs.twimg.com/emoji/v2/... draggable="false" alt="π" title="Ledger" aria-label="Emoji: Ledger">
How to trade with #RSI
https://abs.twimg.com/emoji/v2/... draggable="false" alt="π΅" title="Blue circle" aria-label="Emoji: Blue circle">50β70 is as zone where trades buy the #stocks by considering other factors (BO, Divergences)
https://abs.twimg.com/emoji/v2/... draggable="false" alt="π΅" title="Blue circle" aria-label="Emoji: Blue circle">Below 40 is weakness zone where some traders do selling
https://abs.twimg.com/emoji/v2/... draggable="false" alt="π΅" title="Blue circle" aria-label="Emoji: Blue circle">40-50 is an indecision zone where most of the traders avoid trading & wait for BO
How to trade with #RSI
RSI Simplified
https://abs.twimg.com/emoji/v2/... draggable="false" alt="π" title="Ledger" aria-label="Emoji: Ledger">
Trading Divergences
https://abs.twimg.com/emoji/v2/... draggable="false" alt="π" title="Chart with upwards trend" aria-label="Emoji: Chart with upwards trend">
https://abs.twimg.com/emoji/v2/... draggable="false" alt="π΅" title="Blue circle" aria-label="Emoji: Blue circle">There are 2 type of divergences occurs b/w RSI&Price (Bullish & Bearish)
https://abs.twimg.com/emoji/v2/... draggable="false" alt="π΅" title="Blue circle" aria-label="Emoji: Blue circle">In Bullish Divergence RSI makes HH-HL while price doesn& #39;t do it
https://abs.twimg.com/emoji/v2/... draggable="false" alt="π΅" title="Blue circle" aria-label="Emoji: Blue circle">In Bearish Divergence RDI makes LH-LL while price doesn& #39;t do it
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#StockMarket #Technicals
Trading Divergences
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#StockMarket #Technicals
RSI Simplified
https://abs.twimg.com/emoji/v2/... draggable="false" alt="π" title="Ledger" aria-label="Emoji: Ledger">
Trading Checklist for RSI
https://abs.twimg.com/emoji/v2/... draggable="false" alt="π΅" title="Blue circle" aria-label="Emoji: Blue circle"> Buy on bullish or positive divergences
https://abs.twimg.com/emoji/v2/... draggable="false" alt="π΅" title="Blue circle" aria-label="Emoji: Blue circle"> Sell on Bearish or negative divergences
https://abs.twimg.com/emoji/v2/... draggable="false" alt="π΅" title="Blue circle" aria-label="Emoji: Blue circle"> Wait if divergence is very low in nature
https://abs.twimg.com/emoji/v2/... draggable="false" alt="π΅" title="Blue circle" aria-label="Emoji: Blue circle"> Remember more the divergence better the success rate of trade
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#StockMarket #Technicals
Trading Checklist for RSI
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#StockMarket #Technicals
RSI Simplified
https://abs.twimg.com/emoji/v2/... draggable="false" alt="π" title="Ledger" aria-label="Emoji: Ledger">
https://abs.twimg.com/emoji/v2/... draggable="false" alt="π" title="Chart with upwards trend" aria-label="Emoji: Chart with upwards trend">Case Study
https://abs.twimg.com/emoji/v2/... draggable="false" alt="π‘" title="Electric light bulb" aria-label="Emoji: Electric light bulb">
https://abs.twimg.com/emoji/v2/... draggable="false" alt="π΅" title="Blue circle" aria-label="Emoji: Blue circle">We can see RSI bearish or negative divergence in the pic
https://abs.twimg.com/emoji/v2/... draggable="false" alt="π΅" title="Blue circle" aria-label="Emoji: Blue circle">RSI cont. making LL-LH pattern while price is making HH-HL pattern (Selling or Profit Booking zone)
https://abs.twimg.com/emoji/v2/... draggable="false" alt="π΅" title="Blue circle" aria-label="Emoji: Blue circle">It is often considered as fake move as well in ST charts
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https://abs.twimg.com/emoji/v2/... draggable="false" alt="π" title="Folded hands" aria-label="Emoji: Folded hands">
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