Hello Again,
Continuation Trade. Here, I was looking for a buy trade-21 was above the 55 EMA. Yellow entry, Red exit.
8 EMA had dipped below 21 and came back up.
Orange RSO crosses below 20 and comes back up.
I exited when Orange RSO was coming Down through the 80.
The RSO is a great indicator. RobinHood was just beginning to explain all of its uses. Hopefully one day he continues with more examples. If anyone spots divergences with the RSO, please post.
Thanks
Dan
Continuation Trade. Here, I was looking for a buy trade-21 was above the 55 EMA. Yellow entry, Red exit.
8 EMA had dipped below 21 and came back up.
Orange RSO crosses below 20 and comes back up.
I exited when Orange RSO was coming Down through the 80.
The RSO is a great indicator. RobinHood was just beginning to explain all of its uses. Hopefully one day he continues with more examples. If anyone spots divergences with the RSO, please post.
Thanks
Dan
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