FIBONACCI RETRACEMENT LEVELS
Fibonacci Retracement Levels identify key support and resistance levels in the market.
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The Relative Strength Index (RSI) is a momentum oscillator that measures the speed and change of price movements, typically used to identify overbought or oversold conditions. In trading, the RSI is used to determine potential entry and exit points. An RSI above 70 suggests an asset is overbought, while below 30 indicates it may be oversold. Traders use RSI to predict price reversals or corrections, helping to time trades more effectively. It is commonly used in stock, forex, and cryptocurrency markets.