Accumulation, Mark up, Distribution, MarkDown this is a normal basic market cycle due to human behavior.
RSI is considered a momentum indicator. Normally people use to trade for overbought and oversold.
But sometimes, the overbought and oversold condition can be continuos for a long period of time.
RSI is considered a momentum indicator. Normally people use to trade for overbought and oversold.
But sometimes, the overbought and oversold condition can be continuos for a long period of time.