Pawan Sharma pfp
Pawan Sharma
@sooraj001
These 4 indicators can make you RICH. If you’re okay with being broke, this post isn’t for you. But if you want to WIN, keep reading. You don’t need 20 different indicators to become a successful trader. These 4 are more than enough to put you in the top 1%: 1. RSI (Relative Strength Index) RSI tells you whether an asset’s overbought or oversold. - Around 70 = overbought -> could pull back - Around 30 = oversold -> might bounce - Around 50 = no real trend Divergences are where it gets juicy: - Bullish divergence: Price is dropping but RSI starts pushing up -> buyers might be stepping in - Bearish divergence: Price makes new highs but RSI is dipping -> momentum’s fading You can also draw trendlines on RSI just like price action, it adds extra confluence. 2. MACD (Moving Average Convergence Divergence) MACD shows trend momentum using moving averages. - When MACD crosses above the signal line = bullish - When it crosses below = bearish
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