Tag: RSI OlympTrade
RSI – Relative Strength Index with Support and Resistance indicator
RSI - Relative Strength Index is a technical indicator used in the analysis of financial markets. It intends to chart the current and historical strength or weakness of a stock or market based on a recent trading period's closing prices.
The Bearish Harami candlestick pattern show a strong reversal
Bearish Harami candlestick pattern is only suitable for those who like to enter short positions, it is meaningless to enter long positions.
Relative Strength Index (RSI) & Bollinger Bands (BB) – Trading Strategy
RSI combined with Bollinger Bands(BB) very useful for trading over 30 minutes with 2-minute candles. Bollinger Bands help to detect fake divergences of RSI.
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