ETHUSD 1H RSI 80-20 REVERSAL TRADING STRATEGY

The rules to this strategy are posted on the chart.
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Comentário:

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.