One of the most important indicatores on my VIP script is RSI (Relative Strenght Index). Usually the RSI moves in the same direction as price. Sometimes there is a big gap between an expected RSI and the real RSI and therefore, a trade opportunity. For exemple, if the RSI incrises and the prices move down, we might have a "buy opportunity". The reverse is also true, if the RSI drops and the price increases we have a "sell opportunity". In this case we see the same level of RSI and a lower price. Hope it helped! If you have any doubt please leave a comment or a message =)
Note
Noice n izzy! +16%Trade closed: target reached
✅ 💥+16%
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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.