Moving averages and the RSI indicator are two of the most popular and simple indicators in technical analysis. Moving Averages used to identify trend direction, to generate potential buy and sell signals and also to generate support and resistance levels.
Relative Strength Index indicator (RSI) is used to detect the points at which the market is overbought and oversold.
Watch our video below and learn the following:
- Which moving average should you use and why
- Reading and interpreting the signals from the RSI indicator
- How to combine them in a meaningful way to add credence to your trading strategy today