RSI Trendline - The MORE effective way to draw trendlines

in #money7 years ago

images.png

Most traders plot their trendlines on the actual chart and use oscillator indicators for secondary confirmation. Forgetting that oscillators are actually a more clear representation of price.

In my opinion the RSI is the greatest example for this, just plot the trendline and watch it go from there. No more candlestick hunting!

Sort:  

Congratulations @siamqtr! You have received a personal award!

1 Year on Steemit
Click on the badge to view your Board of Honor.

Do you like SteemitBoard's project? Then Vote for its witness and get one more award!

Congratulations @siamqtr! You received a personal award!

Happy Birthday! - You are on the Steem blockchain for 2 years!

You can view your badges on your Steem Board and compare to others on the Steem Ranking

Vote for @Steemitboard as a witness to get one more award and increased upvotes!