Master guide: What is Divergence in RSI? This is my second post on RSI – Relative Strength Index. Here I have discussed What is Divergence in RSI. The word divergence means to deviate and to have a difference, so the divergence here is a difference from the price. The price is telling us something else,…
Overbought Oversold Indicator: A Complete Guide for Traders In the world of technical analysis, the Overbought Oversold Indicator plays a crucial role in helping traders identify potential trend reversals and price corrections. These indicators help determine whether an asset is trading at a price level that’s either too high (overbought) or too low (oversold), signaling…
The RSI is an indicator; its full form is Relative Strength Index. It was developed by J. Welles Wilder. RSI is known as a momentum oscillator, which can be used for measuring the speed and change of price movements in the market. This RSI indicator oscillates between 0 to 100. Commonly, the RSI is considered…
In this article, I am sharing my personal experience to trade Gold – XAUUSD. I am using RSI Indicator to check the divergence between price and indicator. I am using 5 minutes time-frame to check the divergences, order blocks and other price action levels and hints to take the best trades. Trading Gold – XAUUSD…
