AI
Thursday, March 27, 2008 10:36:42 AM
Good time to talk about RSI(14) = 70 LINES
on 3 and 30 Minute charts
(1)On 30 minute chart 25% RETRACE TARGET is below RSI(14) = 70 line. That is good
(2) But on the 3 minute chart reaching the 25% RETRACE will
take a little more time.
Why?
Because it is just too much above RSI(14) =70 Line
.
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