🚀【Wednesday’s Trade Hack】The RSI Secret Most Traders Miss!
Yo traders, let’s dive into the Relative Strength Index (RSI) today—this bad boy’s not just for overbought/oversold signals.
You know the basics: RSI oscillates between 0-100. Above 70 = overbought (potential sell), below 30 = oversold (potential buy). But here’s the twist: divergence.
Bullish divergence? When price hits a new low, but RSI makes a higher low. That’s a warning the downtrend’s losing steam—buy signal in disguise.
Bearish divergence? Price nails a new high, but RSI prints a lower high. Uptrend’s weakening—time to eye a sell.
Pro move: Pair RSI divergence with support/resistance levels. If RSI shows bullish divergence and price bounces off a key support? That’s a high-prob setup.
Stop sleeping on RSI divergence—your portfolio will thank you. 💸 #RSI #TradingTips
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