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This RSI Price Action Strategy Has A 88.89% Winning Rate.
The rules of the system are straightforward, we only need to connect the most recent RSI peaks or valleys with a trendline.
And a breakout of the Trendline, will warn us that the market has lost its steam and traders can find trading opportunities with good risk to reward ratios.
Because RSI measures the surge in closing prices, when RSI changes direction and either breaks above or below a trend line, a significant move in price can result.
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