📈 NAS100 Long Reversal — Powered by ELFIEDT RSI + Reversion Indicator
Timeframe: 15-min
Instrument: NAS100 (US Tech 100)
⸻
✅ Signal Setup (Long Entry)
This clean reversal was captured using my custom ELFIEDT RSI + Reversion indicator, which detects:
• RSI-based exhaustion conditions
• Precise reversal signals (green “UP” label on the chart)
• Trend-aligned confirmations
⸻
📌 Entry Criteria:
1. Oversold RSI conditions signaled potential exhaustion of the downtrend.
2. A clear bullish reversal candle closed with confirmation from the indicator.
3. The “UP” label marked the ideal entry candle just before the impulsive breakout.
4. RSI momentum shifted positively at the point of signal.
⸻
🎯 Execution Plan:
• Entry: At close of the signal candle with the “UP” label
• Stop-Loss: Placed just below the recent swing low (see red zone on chart)
• Target: Up to previous intraday structure and recovery zone
⸻
💡 Key Observations:
• Early signal allowed high RR entry before breakout
• RSI structure confirmed direction shift
• Strong sustained price action into close
⸻
📚 Learn More:
This trade is part of a larger system combining:
• RSI signal dynamics
• Momentum shift detection
• Session and structure alignment
If you’d like more information about the indicator or how to use it in your own strategy, feel free to follow or reach out.
Timeframe: 15-min
Instrument: NAS100 (US Tech 100)
⸻
✅ Signal Setup (Long Entry)
This clean reversal was captured using my custom ELFIEDT RSI + Reversion indicator, which detects:
• RSI-based exhaustion conditions
• Precise reversal signals (green “UP” label on the chart)
• Trend-aligned confirmations
⸻
📌 Entry Criteria:
1. Oversold RSI conditions signaled potential exhaustion of the downtrend.
2. A clear bullish reversal candle closed with confirmation from the indicator.
3. The “UP” label marked the ideal entry candle just before the impulsive breakout.
4. RSI momentum shifted positively at the point of signal.
⸻
🎯 Execution Plan:
• Entry: At close of the signal candle with the “UP” label
• Stop-Loss: Placed just below the recent swing low (see red zone on chart)
• Target: Up to previous intraday structure and recovery zone
⸻
💡 Key Observations:
• Early signal allowed high RR entry before breakout
• RSI structure confirmed direction shift
• Strong sustained price action into close
⸻
📚 Learn More:
This trade is part of a larger system combining:
• RSI signal dynamics
• Momentum shift detection
• Session and structure alignment
If you’d like more information about the indicator or how to use it in your own strategy, feel free to follow or reach out.
Join us to get free access to all indicators we created!
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Join us to get free access to all indicators we created!
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.