What is RSI? How can I use the relative strength index in Forex trading? Trading Webinars
To identify market trends using the RSI, traders look for divergences between the RSI and the price chart. A bullish divergence occurs when the price makes a lower low, but the RSI makes a higher low. This indicates that the selling pressure is weakening, and a potential trend reversal may be imminent. Conversely, a bearish…
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