RSI Strategy Summary

Summary of RSI:

The RSI is one of the most commonly and frequently used indicators out there. As a momentum oscillator, the RSI is a technical indicator that somewhat follows trends.

Many people like using RSI for analysis, and it helps make trading signals with a method that uses crossovers.

RSI shows when chart patterns agree or disagree. The RSI is created using the price changes on the chart. The RSI is used to find out if:

The prices are closing lower than where they opened - RSI below 50 center-line mark or

The prices are closing higher than where they opened - RSI above 50 centerline mark

RSI Trading Strategies

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