Trading Strategy
RSI Trading Strategy
Using the relative strength index to time entries into oversold and overbought conditions.
beginner
swing
Entry rules
- 1 RSI drops below 30 while the wider trend is still intact
- 2 Price holds a prior support level
- 3 Volume confirms the reversal candle
Exit rules
- 1 RSI recovers above 55
- 2 Price reaches the prior swing high
- 3 Stop below the reversal candle low
Live setups using this strategy
All signals| Symbol | Price | Entry | R:R | Confidence |
|---|---|---|---|---|
| UNF | 257.45 | ••.•• | 2.02:1 | (92%) |
| THRM | 35.25 | ••.•• | 1.81:1 | (86%) |
| ESNT | 65.46 | ••.•• | 1.52:1 | (86%) |
| AIZ | 266.89 | ••.•• | 1.97:1 | (86%) |
| MS | 198.44 | ••.•• | 1.84:1 | (86%) |