Backtesting RSI Breakout ---Review, Not a Trade idea---
No advice given here. Purely a published educational review here.
Publishing this so we can learn how RSI breakouts of the topside resistance line respond during an existing uptrend. This is something I have looked into in the past but would like to continue to review how equities respond to this kind of behavior.
I will say that I generally look for "RSI resets" in order to buy breakouts like this.
Comeback to this post in a few wees and we will discuss our findings in details
Publishing this so we can learn how RSI breakouts of the topside resistance line respond during an existing uptrend. This is something I have looked into in the past but would like to continue to review how equities respond to this kind of behavior.
I will say that I generally look for "RSI resets" in order to buy breakouts like this.
Comeback to this post in a few wees and we will discuss our findings in details
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-Comments are always welcomed and appreciated
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-Comments are always welcomed and appreciated