In this situation, we are line from the RSI could relative strength of bullish movements, and now displacement could lose. The RSI indicator provides valuable market information and trading signals.
Click the [Settings] icon and select [Backtest]. Besides the RSI scores of 30 and 70 - which may suggest potentially oversold and overbought market conditions - traders also make use of the RSI to try and predict trend reversals or to spot support and resistance levels. Such an approach is based on the so-called bullish and bearish divergences. Partner Links. They are momentum indicators that can be used with other indicators to pinpoint corrections and price breakouts.
