Hello Friends , Many talk about RSI indicator or Momentum indicator , but the confirmation knowledge is very important
Here i have made small efforts in explaining the Uniform activity Method ,
01) when Price is still in action the Momentum indicator enters uniform action after it makes deep oversold or Extremes Over bought condition
You can look the price will be still in action but RSI enters in uniform moves as line chart
02) When Price enters in Uniform condition RSI enters in actionable moves that mean price is still in the same range but you will find RSI is increasing and its making new high
Important to note is that
One of above conditions will apply , not both , if you see both RSI and Price are in same action after making 1st deep move down in RSI or Extrema oversold then the Primary trend is still in action , current moves are responsive moves to primary trend which we call them as Secondary trend , they tend to last for few candles before resuming the Primary trend
Hope you will find this video valuable
Good luck
Here i have made small efforts in explaining the Uniform activity Method ,
01) when Price is still in action the Momentum indicator enters uniform action after it makes deep oversold or Extremes Over bought condition
You can look the price will be still in action but RSI enters in uniform moves as line chart
02) When Price enters in Uniform condition RSI enters in actionable moves that mean price is still in the same range but you will find RSI is increasing and its making new high
Important to note is that
One of above conditions will apply , not both , if you see both RSI and Price are in same action after making 1st deep move down in RSI or Extrema oversold then the Primary trend is still in action , current moves are responsive moves to primary trend which we call them as Secondary trend , they tend to last for few candles before resuming the Primary trend
Hope you will find this video valuable
Good luck