Bullish Failure Swing (Buying Opportunity)
1. RSI drops below 30 (oversold).
2. RSI bounces back above 30.
3. RSI pulls back but remains above 30 (remains above oversold)
4. RSI breaks out above its previous high.
All 4 categories met.
1. RSI drops below 30 (oversold).
2. RSI bounces back above 30.
3. RSI pulls back but remains above 30 (remains above oversold)
4. RSI breaks out above its previous high.
All 4 categories met.
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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.