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High volatility expected on CHF and USD pairs

simple trading strategy intraday trading

📈📉 Trading strategy RSI-50

⚙️Settings
Time frame - 1 hour
Tools
▫️ RSI, Stochastic, and trend lines
Indicators
▫️Add level 50 to the RSI settings and keep the rest unchanged
▫️Do not change Stochastic's preset settings.

📍What the tools help with
▫️Trendlines determine the main trend
▫️The RSI determines price direction at a particular moment:
➖under 50—downtrend
➖above 50—uptrend
▫️The Stochastic identifies the overbought and oversold zones.

How to understand RSI-50 movement
SELL
▫️ Entry

A SELL entry point: the RSI is below 50, and the Stochastic is in the overbought zone. See Picture.
To confirm the point use a bearish crossover: the blue line (slow

Stochastic) crosses below the red line (fast Stochastic), and the RSI is under 50.
▫️Exit

The Stochastic is in the oversold zone, and the blue line (slow Stochastic) crosses above the red line (fast Stochastic). See Picture.

《🤖ACCOUNT MANAGEMENT/ TRADING SECURE SPOT🤖》
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(PAYMENT METHOD)
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📱 FOR MORE ENQUIRIES CONTACT ADMIN  👇

@Fxsantos_O

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