ETHUSD 1H RSI 80-20 REVERSAL TRADING STRATEGY
Updated
The rules to this strategy are posted on the chart.
If you have any questions on this strategy or our other free strategies send me a PM.
If you have any questions on this strategy or our other free strategies send me a PM.
Comment
I was asked if this strategy would work for a short trade - Yes, just make the rules opposite for a short trade. 1st swing high in 50 bars - look for rsi above 80 - wait for new swing high - on first swing high place a horizontal ray on the low of that candle for short breakout level and sell stop.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.