Stoch RSI bullish case

30 sie 2021Very simple: the price has set a higher low on the 4h using the Stoch RSI cylce from over bought to over over sold a few times. The Heikin Ashi candles smooth out the price and Stoch RSI. There is no guarantee that the Stoch RSI will move directly to overbought, but this could be a indication the upward trend will continue, or the local low is in.

Lines: dark green are my current entries, the top light green is the buy stop on the books, red is my current liquidation price.