EURCAD RSI overextended- H1

You can see here that the EURCAD pair has an unsustainable bearish trend.

If you start to see divergence with price action and the RSI indicator then consider a buy trade.

This is an RSI 80-20 strategy that we have developed and this looks to be in phase #1 of this trading strategy.

Let us know if you have any questions.

Trade chiuso: obiettivo raggiunto:

Target Reached. You see how quickly that moved? That's the power of a reversal trading strategy.