How To Use RSI Backtest Lines For Swing Trading - Part 1 of 3 - #1346

3 years ago
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#RSIRejection, #FailedBreakout, #BearishSwingTrades

"Failed Breakouts [Understanding The Consequence Of]"
https://www.youtube.com/playlist?list=PLjHhEQ5LDpkZrmI_RXPi4f14He-1OTdTH

Uniformity and Negative Divergence - #732
https://youtu.be/yC12pP0oPjQ

[ Sample ] Single RSI Long-Term Lines
https://www.youtube.com/playlist?list=PLjHhEQ5LDpkbdDw1HvcyDOLq7EgGWzXXF

There is a need to extend major RSI trend lines since they do offer some hidden signals down the road. Here is a good example.

We look at how to draw simple lines on the RSI to determine where the odds of price movement seem to be pointing to.

And don't forget to account to uniform or symmetric RSI support or rejection on any previously important RSI line as per the instrument's own trading history.

"Daily 2-Minute Chart Study #350: The 27 Year Old - Sentiment - Memory Line"
https://youtu.be/XYxf4hnJJqU

"Uniformity"
https://www.youtube.com/playlist?list=PLjHhEQ5LDpkZnwHCqMVKNLu0n0YTffk66

"RSI Divergence 2.0 & Uniformity"
https://www.youtube.com/playlist?list=PLjHhEQ5LDpkb8JhsWT166IiNBFtZMJwLn

"RSI 50 Level Uniform Support or Rejection "
https://www.youtube.com/playlist?list=PLjHhEQ5LDpkZy6WqgZkBGhDt-LzoRDvYT

RSI 50 crossing, sell signals, uniformity, single line, 30.9, 69.1, worst type of negative divergence.

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#SingleLineAnalysis, RSIBacktestLines, #Parallellines, #SwingTrading, #StockMarket, #TechnicalAnalysis,

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