🚨 $WAL Daily RSI has surged to 76.4🔥
Take a couple of seconds to stay calm and understand RSI before making a move👇
In the classic interpretation, an RSI above 70 is considered overbought, while a drop below 30 is considered oversold. Some traders use 80 / 20 as stricter thresholds.
Indicators aren’t always accurate, but stop-losses should never be skipped: deciding in advance what to do if you’re wrong is more important than guessing correctly.
#WAL
Take a couple of seconds to stay calm and understand RSI before making a move👇
In the classic interpretation, an RSI above 70 is considered overbought, while a drop below 30 is considered oversold. Some traders use 80 / 20 as stricter thresholds.
Indicators aren’t always accurate, but stop-losses should never be skipped: deciding in advance what to do if you’re wrong is more important than guessing correctly.
#WAL