I try to show you different ways to analyze  cycle movement.  RSI can be useful in locating price highs or lows.  High RSI (70ish) can indicate a sell zone  (price getting extended) or a low RSI (30ish) can indicate a buy zone.  NOTE: these are indicators and not ABSOLUTES.
GL traders

 
That works in a trading range, in a trending market, this will kill you.
ReplyDeleteIndicator for BBs and violations of upper and lower lines give buy/sell signals. So use multiple indicators instead of relying on a single set of indicators????
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very nice article please focus us on Forex trading tips related article too.
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ReplyDeleteLooking forward to your next update. Hope all is well.