hitendravasudeo

  Learn the above structure /Actionable trading strategy/ Swing Trade set-up Learn and Earn First Condition Buy Set Up 1) Prior Trend has to be down  2) Red Color bar are down trend as RSI < 50  3)  RSI hits oversold under 30  4) Upward Bar Reversal  5) Next day actionable time  6) As long as the low of Upward Bar Reversal is not violated accumulate at hold long  7) Identify a falling trend line  8) Breakout above trend line  9) Add if trend line breakout is witnessing the next day as long as low of the bullish bar/candle of trend line is not violated and can trail the earlier position to the same.  10) Target/Resistance can be next important lower top and lower top  11) Keep trailing   long as previous day low is not violated after sizeable profit. Sell Set Up 1) Prior Trend has to be Up  2) Green Color bar are up trend as RSI > 50  3)  RSI hits overbought above 70  4) Downward Bar Reversal ...

  This is absolute power of rsi : normal rsi red, blue, green= new uptrend begins green, blue = up trend as long as red is not witnessed green blue, red= new down trend begins. red, blue = down trend as long as green is not witnessed