Convergence of Intra-Day RSI Resistance Lines - #1265

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4 years ago
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A http://muathe.com/ Original Concept!
Using Mostly Original http://muathe.com/ Concepts!

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A http://muathe.com/ Original Concept!
Using Mostly Original http://muathe.com/ Concepts!

#RSIRejection, #FailedBreakout, #BearishSwingTrades

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.

[ Sample ] Primary Lines
https://www.youtube.com/playlist?list=PLjHhEQ5LDpkaHUVFlDRXhVi5BToZbojo9

"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

[ Sample ] RSI 69.1 Muathe Uniformity Rejection
https://www.youtube.com/playlist?list=PLjHhEQ5LDpkaKqlwfvbATk4rta0UdJRCr

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

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

#Uniformity, #MuatheUniformity, RSIUniformity, #69.1, #RSI69.1, #Muathe

#PrimaryTrendLine, #RSITrendLine, #SingleLineAnalysis, RSIBacktestLines, #Parallellines, #swingTrading, #stockMarket, #technicalanalysis,

$GLD, $IAU, $GDXJ, $GLDM, #Gold, $GDX, $XME, $JDST, $SLV, $SILJ, $SIVR, $ZSL, $PSLV, $TSX, $EWC,

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