EURCAD RSI overextended- H1
Updated
You can see here that the EURCAD pair has an unsustainable bearish trend.
If you start to see divergence with price action and the RSI indicator then consider a buy trade.
This is an RSI 80-20 strategy that we have developed and this looks to be in phase #1 of this trading strategy.
Let us know if you have any questions.
If you start to see divergence with price action and the RSI indicator then consider a buy trade.
This is an RSI 80-20 strategy that we have developed and this looks to be in phase #1 of this trading strategy.
Let us know if you have any questions.
Trade closed: target reached
Target Reached. You see how quickly that moved? That's the power of a reversal trading strategy.
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