Buy or Sell? RSI Trading Strategy

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Always making the right decision in your vids but not so in the real market

wavim
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I spotted a double top in this chart, specifically the M pattern formation. This formation was also confirmed by a divergence in the Relative Strength Index—not the one you showed, but rather the global divergence. If you connect the two peaks of the double top, you’ll see the global divergence in the RSI. Also, considering the Fair Value Gap and the 30% level on the Fibonacci Retracement.🚀

inc.
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Yes you should if let the trade run at minumn one more bar
Check a higher and lower time frame chart to know wether to run or hold the down trend

I'm a tape reader reading bar by bar
It's time for a breather green bar . Depending on it's opening price will determine wether to cover your short or let it run
Double check this chart to see if it continued downward for the next 2 unseen bars

RobertBee-fshv
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For me, at the bottom of the down trend, you've got a hammer plus 3 white soldiers, indicating a possible trend reversal. The key is the trend channel, it breaks that, then were in a uptrend, it gets rejected then down trend, the next candle which is bearish shows still in down trend

richardwatson
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I think it will go up into the fair całus gap a bit then form a lower low, sell there

OlyTutors
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"for more confirmation I would place a sell order" My guy doesn't understand how confirmation works 💀💀

daksh
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First Break down, retest and then Short the market👈👈

ZainUlabdin-uw
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Hello, thanks for your guide and experience. Please teach what is that yellow line? And how can i complete learning about that?

Vahid-ak
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Hey teacher please tell us these time frames u are using thanks 🙏 in advance

libanelmoge
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I would've passed. Going to sideways here.

TReZxDrEaMz
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i spotted a double top + a liquidity grab. I patiently waited for a bearish displacement, then a fair value gap is seen. sell at the next candlestick

dinanceforex
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So I’m curious, what app is this and any books/classes to get better?

Bwinning
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The tendency to of the pips you wanna target depends on you and the time frame you used in trading…in short, you give target based on what you see…we ain’t seeing the full chat just area of importance you are showing us

Olamilekanganiyu-kcij
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How do you take profit on sells at red zone ?

JohnnyBravo.
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Which time frame you usually use please?

essamdarwish
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In what time frame should he do 200 EMA?

nirmalashukla
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What’s the name of the app that you are using to trade?

GGAMEMES
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Pretty sell maybe more profit, but it was a great profit..., all the price down the ema of 200..., and break the "buy channel "..., and repeated resistance point

julianvillalba
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C'est bien un achat ! Celui qui fait uniquement du price action n'oserait pas vendre ici

recobaalvaro