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Ticker Tape by TradingView

RSI Down Signals

December 7, 2021
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  • Relative Strength Index (RSI)
  • RSI Down Signals

If the line of the indicator leaves the overbought area, it can open the down trade.

This is the situation when the indicator begins to decline to the level of 70, crosses it from top to bottom and continues to fall.

The point of entry into the trade will be the moment of crossing the overbought level.

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