Buy or Sell? RSI Indicator Trading Strategy #forextradingtips #forexsignals

Buy or Sell? RSI Indicator Trading Strategy #forextradingtips #forexsignals

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[theleshan]

I decided to pass because there was no outright trend. So, anything would be a prediction rather than an analysis

[jacobgomez]

I started learning about trading like a 5 days ago and I’ve been getting these right almost every time and on paper trading hopefully I can become profitable

[mintminty]

Love your channel guy, thank you for shearing your experience❤

[Tesu_g]

My decision was pass, i don't like to trade on consolidation 😊

[maikelmulder]

it respected the fair value gap in a down trend with indication of a strong down trend i would sell on all that

[jameswarburton]

Buy and sell above and below swing high and low in session

[DavidJe-nmvx]

I would prefer to see more of this chart, in particular, what the next support and resistance levels are before making a trade.
Not seeing the this,
I would take a short sell because of the sell candles below the 200ema at the beginning of the chart, recent lower highs and the RSI indicator. I would have an initial take profit at the lower end of the shown demand order block. I would keep runners to look for the next support level.

[newstv]

I’ll draw a parallel channel and either ways it breaks I’ll go for a small target
High chances of short

[zencitasak]

i probably was just seeing things but i thought the pattern somewhat resembled head and shoulders

[xxrounds]

Since it's the 1h and I'm a scalper, I would've sold. First off, price is still way under the 200 EMA. I would've drawn some PD arrays on the last couple down swings and sold either at "Oversold" or =< the 50 line on the RSI.

[Shortones]

What's the numbers you are using on the RSI

[redyellowish]

Tough call but I still thought of shorting looking at that price action

[jesuschrist-ykxw]

How to set the profit line at that moment.

Somebody help plz

[xemofky]

Sell, but that is not bearish divergence and that’s not a triple bottom

[frlnbzn]

No pass, I would sell, Why?
Because if you see carefully there is a resistence level up there and also engulfing pattern

[frizz]

My Analysis was exactly as yours and I decided to sell.

[jimmiestewart]

Hard pass there were no strong confirmations