Predict a reversal trend by using ZigZag and RSI Part I



This strategy generates signals to follow these signals download the FXAS SIGNALS on your Android smartphone; search for "RPCHOST" on google play In this video I will show you how to use the Zig Zag indicator in combination with the RSI to predict a reversal trend. So let's begin, I will open the 4 hours EUR/USD chart. So I will spot a divergence between 2 Zig Zag points and 2 RSI points as we mentioned in the previous video as you see there is a divergence, Zig Zag is UP and RSI is down, so I predict a reversal from UP trend to a DOWN trend. As you see in the video there is a reversal , where to enter it is easy, we saw a divergence and after it I predict a reversal. I will drop a breakline between 2 lower Zig Zag points and I will wait the price to break the line, after the break I will wait the price to touch the upper band and in this case I will enter a short trade.

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Duration: 2m 7s

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