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 |
|---|---|---|---|---|
| NET | 279.52 | ••.•• | 1.65:1 | (86%) |
| PLPC | 291.39 | 291.39 | 2.35:1 | (77%) |
| NEU | 791.25 | ••.•• | 2.90:1 | (92%) |
| URGN | 33.05 | ••.•• | 1.78:1 | (80%) |
| GOOG | 277.30 | 277.30 | 3.85:1 | (77%) |