A Different Way To Use the RSI To Trade Deceleration Patterns
A deceleration pattern is a pattern that forms at the end of a directional move as it starts to lose steam. 2 good ones to learn are the rising/falling wedge & channel.
The problem wit these patterns however, is that it can sometimes be difficult to tell when that final reversal may come backing it hard to place stops.
Lately, and by that I mean for the past year or so, I've been tracking a very specific pattern on the RSI (Relative Strength Index) indicator to help me with these situations.
Please LIKE & SHARE and if you have any questions or comments, leave them below
Akil
The problem wit these patterns however, is that it can sometimes be difficult to tell when that final reversal may come backing it hard to place stops.
Lately, and by that I mean for the past year or so, I've been tracking a very specific pattern on the RSI (Relative Strength Index) indicator to help me with these situations.
Please LIKE & SHARE and if you have any questions or comments, leave them below
Akil
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Learn To Trade (Coaching, Courses & Community)
tieronetrading.com/
FREE Trading Computer Builders/Buyers Guide
tradingcomputerbuyersguide.com/optin-629312741738938873920
tieronetrading.com/
FREE Trading Computer Builders/Buyers Guide
tradingcomputerbuyersguide.com/optin-629312741738938873920
Exención de responsabilidad
La información y las publicaciones no constituyen, ni deben considerarse como, asesoramiento o recomendaciones financieras, de inversión, de trading u otro tipo, proporcionadas o respaldadas por TradingView. Obtenga más información en Condiciones de uso.