HOW TO ENTER A TRADE?
1. STEP
Identify the general trend!
2. STEP
RSI:
RSI should be oversold (under 30)!
!If the RSI is oversold, a countermovement can generally be expected!
3. STEP
MACD:
MACD can help you to enter a trade much better. A bullish signal is present when the macd line (blue) crosses the signal line (orange)
4. STEP
Set a TARGET
Related publications
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.
Related publications
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.