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 |
|---|---|---|---|---|
| LIN | 477.75 | 477.75 | 2.0:1 | (80%) |
| QCOM | 150.01 | 150.01 | 1.6:1 | (53%) |
| CAT | 806.11 | 806.11 | 1.6:1 | (80%) |
| META | 534.65 | 534.65 | 2.4:1 | (71%) |
| QCOM | 150.78 | 150.78 | 1.7:1 | (65%) |