overbought oversold indicator trading



check ou signal https://www.mql5.com/en/signals/author/hermanfendy Because the price will not go up or down continuously, on a certain level will turndirection. Level where the price will most likely turn the direction level was overboughtor oversold. Often times the price moves sideways (ranging) on the levels within a rather long before it starts to turn direction. We will look at the level of theoverbought and oversold levels with the help of the indicator RSI and when is the most appropriate trading opportunities.

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