Learn what the relative strength index (RSI) is, how it works, and how to read overbought and oversold signals, along with the formula behind this popular indicator.
In a bearish divergence, for example, price makes a higher high but the RSI makes a lower high. With a negative reversal, on the other hand, the RSI makes a higher high, while price makes a lower high ...
RSI can be used for more than just overbought and oversold levels. Learn how to spot reversals in the Forex market using RSI divergence. Many traders look to the RSI traditionally for its overbought ...
If you’ve spent any time charting the markets, you’ve undoubtedly faced the “false signal” problem. You follow one indicator, only to have the trade quickly reverse, leaving you frustrated and ...