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RSI Trading Strategy In Hindi | Multi Time Frame Analysis

RSI Trading Strategy In Hindi | Multi Time Frame Analysis RSI Trading Strategy In Hindi | Multi Time Frame Analysis
The RSI (Relative Strength Index) is one of the powerful momentum oscillator which highlights whether bull or bears have the upper hand over period. Question is How to Use Multiple Time Frame Analysis with RSI: So if you're in oversold zone on a lower timeframe, anywhere we go overbought on a lower timeframe we look for short opportunities. We specially want to look for a trending market (or Stock) that stays oversold or overbought for a long time depending on what time frame you are using; any drop from it we see it as a pullback on a lower timeframe. I found it as a useful indicator. The basics of it is. If you are trading and you are looking to get on the end of a trend move, let say on a daily chart the RSI or Stochastic(another oscillator) that will be oversold (if we're in a downtrend) and many traders try to short that. But we know that actually when we ride the trend we don't want to chase it so we look for lower timeframes. The indicator is useful to guide you in fading moves against the trend and using them as pullback positions to get involved with the trend and It is easy too.
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