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Skeptic | RSI Masterclass: Unlock Pro-Level Trading Secrets!Hey traders, it’s Skeptic ! 😎 Ready to transform your trading? 95% of you are using the Relative Strength Index wrong , and I’m here to fix that with a game-changing strategy I’ve backtested across 200+ trades. This isn’t a generic RSI tutorial—it’s packed with real-world setups, myth-busting insights, and precise rules to trade with confidence. Join me to master the art of RSI and trade with clarity, discipline, and reason. Big shoutout to TradingView for this epic free tool! 🙌 Let’s dive in! 🚖 What Is RSI? The Core Breakdown The Relative Strength Index (RSI) , crafted by Welles Wilder, is a momentum oscillator that measures a market’s strength by comparing average gains to average losses over a set period. Here’s the formula: G = average gains over n periods, L = average losses. Relative Strength (RS) = | G / L |. RSI = 100 - (100 / (1 + RS)). Wilder used a 14-period lookback , and I stick with it—it’s smooth, filters noise, and gives a crystal-clear read on buyer or seller momentum. Let’s get to the good stuff—how I use RSI to stack profits! 📊 My RSI Strategy: Flipping the Script Forget what you’ve read in books like The Handbook of Technical Analysis by Mark Andrew Lim— overbought (70) and oversold (30) aren’t just for shorting or buying. I go long when RSI hits overbought, and it’s been a goldmine. I’ve backtested over 200 trades with this approach, and it’s my go-to confirmation for daily setups. Why does it work? When RSI hits overbought on my 15-minute entry chart, it signals explosive buyer momentum. Here’s what you get: Lightning-Fast R/R: I hit risk/reward targets in 30 minutes to 2 hours on 15-minute entries (longer for 1-hour entries, depending on your timeframe). Massive R/R Potential: An overbought RSI on 15-minute can push 1-hour and 4-hour RSI into overbought, driving bigger moves. I hold for R/Rs of 5 or even 10, not bailing early. 🚀 Rock-Solid Confirmation: RSI confirms my entry trigger. Take BTC/USD: BTC bounces off a key support at 76,000, sparking an uptrend. It forms a 4-hour box range, but price tests the ceiling more than the floor, hinting at a breakout. Trigger: Break above the box ceiling at 85,853.57. On 15-minute, a powerful candle breaks the ceiling, and RSI hits overbought—that’s my green light. I open a long. Soon, 1-hour and 4-hour RSI go overbought, signaling stronger momentum. I hold, and BTC pumps hard, hitting high R/R in a short window. This keeps trades fast and efficient—quick wins or quick stops mean better capital management and less stress. Slow trades? They’re a mental grind, pushing you to close early for tiny R/Rs. 😴 Pro Rules for RSI Success Here’s how to wield RSI like a trading weapon: Stick to the Trend : Use RSI in the direction of the main trend (e.g., uptrend = focus on longs). Confirmation Only: Never use RSI solo for buy/sell signals. Pair it with breakouts or support/resistance triggers. Fresh Momentum: RSI is strongest when it just hits overbought/oversold. If the move’s already rolling, skip it—no FOMO, walk away! Customize Zones: Overbought (70) and oversold (30) can shift—it might show reactions at 65 or 75. Adjust to your market’s behavior. Backtesting RSI: Your Path to Mastery To make RSI yours, backtest it across at least 30 trades in every market cycle— uptrend, downtrend, and range. Test in volatile markets for extra edge. 😏 Key takeaways: Range Markets Kill RSI: Momentum oscillators like RSI (or SMA) are useless in ranges—no momentum, no signal. Switch to ROC (Rate of Change) for ranges—I use it, and it’s a beast. Want an ROC guide? Hit the comments! Overextended RSI Zones: On your entry timeframe (e.g., 15-minute), check higher timeframes (e.g., 4-hour) for past RSI highs/lows. These are overextended zones—price often rejects or triggers a range. Use them to take profits. Final Vibe Check This RSI masterclass is your key to trading like a pro—fast R/Rs, big wins, and unshakable confidence . At Skeptic Lab, we live by No FOMO, no hype, just reason. Guard your capital— max 1% risk per trade, no excuses. Want an ROC masterclass or more tools? Drop a comment! If this fired you up, smash that boost—it means everything! 😊 Got a setup or question? Hit me in the comments. Stay sharp, fam! ✌️
Education
by SkepticWise
1
NZD/JPY: Bullish Breakout or Another Fade?NZD/JPY hasn’t closed above the 200-day moving average since July 2024, racking up more than ten failed bullish breaks in that time—seven of them in the past month alone. If today’s probe finds more traction, it could be the catalyst to bring bulls off the sidelines, especially on a close above 88.00 where wedge and horizontal resistance intersect. If that plays out, traders could look to initiate longs above 88.00 with a stop below it or the 200-day moving average for protection. Minor resistance sits at 88.39, offering a nearby hurdle for the setup. Should that give way, 89.20 or 90.00 stand out as logical upside targets. Alternatively, if the pair fails at the 200-day moving average again, the setup could flip, allowing shorts to be established beneath the level with a stop above for protection. 87.00 or wedge support around 50 pips lower may come into play as downside targets. Momentum indicators favour upside near term. RSI (14) has broken its downtrend and moved further above 50, while MACD is on the cusp of a bullish crossover, confirming the signal. Good luck! DS
by FOREXcom
US30: Short setup brewingSitting in a rising wedge with bearish divergence after running into resistance at 43100, the US30 contract finds itself at an interesting juncture on the charts. If it can’t stage a definitive break above these levels, a short setup could be on the cards. If the contract cannot break and hold above 43100, traders could look to initiate short positions targeting the 200-day moving average initially. If that were to give way, the target could be lengthened to 42000, where wedge support is currently found. A stop above 43100 would protect against reversal. While MACD has staged a bullish crossover, the momentum signal is countered by what’s still bearish divergence between RSI (14) and price despite the latest bounce. Given the proximity to month end—a period notorious for window dressing and false signals—the preference would be to wait for another retest and failure at 43100 before initiating the trade. A de-escalation in trade tensions, lower crude prices and the prospect of a Fed rate cut as soon as July have been tailwinds for the contract over recent days. If it can’t continue to rally in this environment, it questions just what would be required to deliver further upside, just as negative tariff headlines potentially loom. Good luck! DS
FOREXCOM:US30Short
by FOREXcom
U.S. Small Caps Eye Breakout as Fed Rate Cut Bets BuildUnless it’s accompanied by a recession, there are few things U.S. small cap stocks enjoy more than rate cuts—especially given how many rely on the kindness of others to fund their growth ambitions. With another soft core PCE report expected at the end of the week, and with some Fed officials signalling a preparedness to cut rates again as soon as July, the ducks look to be lining up for a potential bullish break in the U.S. Small Cap 2000. Recent price action backs this up, coiling within an ascending triangle on the daily chart just beneath horizontal resistance at 2170 and the key 200-day moving average just above. Price momentum is also on board, with RSI (14) breaking its downtrend and moving further above 50. MACD has crossed the signal line above zero, reinforcing the bullish message. One look at how price has interacted with the 200-day moving average in the past suggests the higher probability play would be to wait for a break and close above the level before establishing longs, allowing a stop to be placed beneath it or 2170 for protection against reversal. 2320 looms as an obvious target, coinciding with a known resistance level. If hit, traders can assess whether to cut, hold or reverse the trade depending on how price reacts at that level. Good luck! DS
FOREXCOM:US2000Long
by FOREXcom
JD last correction is overSince fiscal stimulus announced by China, JD started to print an expanding diagonal which I labeled in black as 1-2-3-4-5. Currently, wave 4 is over (or will be over within a few days) and wave 5, the longest in such a type of diagonal, is set to unfold. Which supportive evidence I found: wave 4 is formed as a double three as (w)-(x)-(y) and (y) contains and ending diagonal - see green impulsive wave down. The diagonal's wave 5 reached the lower edge. wave 4 retraced 61.8% of wave 3 wave can be seen as a bullish flag - it nicely fits into the channel (I showed in green) both RSI and MACD show bullish divergence with price on daily I believe JD will revert with strong impulse up in the coming days. See divergences:
NASDAQ:JDLong
by evgenii_tr_tech
6
USD/CAD: Failed Break Leaves Bears in ControlWhether it’s Monday’s bearish pin candle, the rejection at the 50-day moving average, or what increasingly looks like an evening star pattern forming, directional risks for USD/CAD look to be skewing lower following the false break of 1.3750. Those looking to position for renewed weakness could initiate shorts beneath 1.3750, with a stop above the level to guard against a reversal. 1.3650 and 1.3550 both stand as prospective targets, depending on the risk-reward profile you're seeking. While momentum indicators are off their lows, with RSI (14) rolling over beneath 50 and MACD still in negative territory, the overall picture continues to favour downside over upside. For those considering the setup, be aware Canadian inflation data will be released later Tuesday, with the key core rate (the average of the median and trimmed mean reads) expected to ease marginally to an annual clip of 3%. While offshore factors remain the dominant driver of USD/CAD moves, a stronger-than-expected result would likely benefit the trade. Good luck! DS
Short
by FOREXcom
News mentions of Nuclear this & Uranium that, whats the Macro?This is a look into the macro developments happening currently in UROY. This is strictly a TA look into the big picture. We zoom out to Timeframes bigger than 1W. At times zooming in to check (3 Day, 5 Day, maybe 1D) for potential swing trades. I tend to look into things like price action, indicators, volume and other data to sway probabilities of where an asset may go and determine best opportunities of supply and demand zones based on my interpretations. So jumping right in this is a look into price action on the 1 Month timeframe. Looks to me like a massive macro falling wedge. But theres massive volume. So thats a little contradicting. In anycase always look for confirmation of breakouts. On another negative note: this is only 5 years of data. Would have loved more price data. Also note potential bullish cross of STOCH RSI, a momentum indicator. Still need confirmation though. If blue and orange line above 20 level on STOCH at monthly candle close. COuld be a positive. But key is to watch for confluence of many signs and or indicators. I will be keeping my eyes on this. Look for more posts as things develop on UROY. DISCLAIMER: This is not financial advice, i am not a financial advisor. The thoughts expressed in the posts are my opinion and for educational purposes. Do not use my ideas for the basis of your trading strategy, make sure to work out your own strategy and when trading always spend majority of your time on risk management strategy.
NASDAQ:UROY
by SafofAllTrades
Hong Kong 50: Bulls Back in Business Above 23,700Monday’s bounce from support at 23,200 has seen the Hong Kong 50 push above minor resistance at 23,700, generating a potential long setup to play the broader improvement in risk appetite seen in recent hours. Longs could be initiated above 23,700 with a stop beneath for protection, initially targeting the June 12 high of 24,429. A break above that would open the door for a possible run towards the March 20 swing high of 24,895. RSI (14) has broken its downtrend and remains above 50, suggesting bullish momentum may be starting to build again. While not yet confirmed by MACD, it’s beginning to curl back towards the signal line above zero, hinting that too may not be far away. Good luck! DS
FOREXCOM:HK50Long
by FOREXcom
Is Altseason Around the Corner? BTC.D looks tired AF!BTC dominance just hit the top of a rising wedge that has been building for over a year. Price is stalling at 65.64 percent, sitting right against long-standing resistance. Momentum is weakening. Stochastic RSI is at 72 and starting to roll over. RSI is sitting just under 70 and showing early signs of fading. The structure suggests we are close to a decision. If BTC dominance starts to fall from here, the conditions for an altcoin run are in place. Key levels to the downside are already mapped. First is 59.97 percent. Then 58.70 percent. After that, 56.88 percent. The 100-week simple moving average is also sitting at 56.51 percent. If dominance breaks below that level, it opens the door for a larger shift in market flow. Previous retracements in BTC dominance have aligned with strong moves in altcoins. This current setup is technically clean and nearing resolution. It is not confirmed yet, but the signals are starting to stack. This is a moment worth watching.
CRYPTOCAP:BTC.D
by DoozerInvest
Is DOGE About to Explode or Collapse?Yello Paradisers! Are you ready for what could be DOGE’s most explosive move in weeks? DOGEUSDT is currently developing a very interesting bullish setup that deserves attention. 💎The pair has formed a falling wedge — a pattern that often precedes a breakout to the upside. This comes right after a confirmed bullish Change of Character (CHoCH), indicating that buyers are quietly stepping back in. 💎Even more important, we’ve seen a classic inducement grab, meaning early liquidity has been taken out, clearing the way for a potential real move. On top of that, there’s hidden bullish divergence on the RSI and clear bullish divergence on the MACD. This combination of signals significantly increases the probability of a bullish reversal from the current support zone. 💎If DOGE prints a convincing bullish candlestick pattern at these levels, it could offer a high-probability long opportunity with a strong risk-to-reward ratio. But be careful — if the price breaksdown and closes candle below this key support, the bullish scenario becomes invalid, and it’s better to wait for a more favorable structure to develop. Strive for consistency, not quick profits. Treat the market as a businessman, not as a gambler. This is the only way you will make it far in your crypto trading journey. Be a PRO. MyCryptoParadise iFeel the success🌴
Long
by MyCryptoParadise
2
Cup of the Morning for DXYThe TVC:DXY seems to be forming a Cup and Handle Pattern on the 1Hr Chart! Cup and Handle pattern is considered a strong Reversal Pattern where we should expect Bullishness for the USD. After the 2nd or Equal High to the 1st was formed, Price made a Retracement to the 38.2% Fibonacci level and found Support to the begin forming the "Handle" or Consolidation Phase of the Pattern. Price must Break and Close above the "Brim" or Equal Highs of the Cup @ 99.113 to Confirm the pattern! Once confirmed, we can then look for price on DXY to rise up to the next level of Resistance in the 99.6 area!
TVC:DXYLong
by Novi_Fibonacci
The 3 Step Rocket Booster Strategy – Bullish Setup BreakdownHey traders! Here’s a trade idea on GBP/USD using a multi-timeframe trend strategy I call the Rocket Booster Strategy. It’s based on trend strength, oscillator signals, and price action confirmation. --- 📊 Weekly Chart – The Big Picture The Stochastic RSI on the weekly chart recently pulled back near the 80 zone. This isn’t a reversal — it’s a healthy pause in a strong uptrend. I’m watching for a breakout continuation as momentum builds up. --- 📉 Daily Chart – Oversold Alert On the daily chart, the Stochastic RSI dropped below 20, signaling that GBPUSD might be ready for a bullish reversal. It’s setting the stage for a solid long opportunity — as long as the trend agrees. --- 🕯 4H Chart – Bullish Engulfing Entry This is where it gets exciting — a clear Bullish Engulfing pattern has formed on the 4-hour chart. That’s my entry trigger. This confirms the reversal idea with a strong price action signal. --- ✅ Rocket Booster Strategy Criteria To take a long trade using this strategy, I require all 3 of the following: 1. ✅ Price is above the 50 EMA 2. ✅ Price is above the 200 EMA 3. ✅ A breakout or gap-up is either happening or imminent All three conditions are currently aligning on GBPUSD — this is a potential high-probability setup. --- 💡 Optional Tip for Automation If you’d like to automate this entry using alerts on TradingView, you’ll need a paid monthly plan to unlock multiple alerts and advanced conditions like candlestick detection or EMA confirmation. --- ⚠️ Disclaimer Trading is risky. Always use: Proper risk management Well-placed stop-losses A demo account to test your strategy And take profits with discipline 🧠💰 --- 🔚 Final Thoughts This is a clean example of trend trading with structure and precision. I used multi-timeframe analysis, the Stochastic RSI, and price action to time the entry. If you're learning trading, this is a great case to study or test in your journal. Let me know what you think or how you'd manage this trade. Happy trading! 📈💥 ---
Long
by lubosi
Bitcoin Holds $100k as Risk Assets Shrug Off Mideast TensionsWeakness in risk assets has been relatively contained so far on Monday in Asia, despite the escalation in geopolitical tensions in the Middle East over the weekend—including in bitcoin. Yes, it’s down, but not by any margin that sets this open apart from the usual. And having bounced after a brief dip below the psychologically important $100,000 level—which also doubles as wedge support—it’s generated a potential long setup if risk appetite improves. Longs could be considered above $100k with a stop beneath today’s low to protect against a reversal. Targets include $102,500, $106,500 or even $109,000, depending on your preferred risk-reward. While momentum signals are neutral to mildly bearish, the price action so far has been constructive for the setup. Good luck! DS
FOREXCOM:BTCUSDLong
by FOREXcom
2
BTC MACRO PLAY - SHORT TRADE SETUP📉 BTC/USDT SHORT TRADE SETUP – WEEKLY TIMEFRAME 🔍 Trade Idea Overview: We are seeing a bearish divergence between price and volume on the weekly chart — while price makes higher highs, volume is decreasing, signaling a potential reversal or weakening trend. Further confluence is seen with the VMC Cipher indicator. If a red dot prints, it will confirm the short entry. If not, the trade idea should be abandoned. 📊 Trade Plan: Entry Zone: Around $106,300–$107,000 (wait for confirmation) TP 1 🎯: $102,000 TP 2 🎯: $97,500 TP 3 🎯: $93,000 🛑 Risk Management: Stop-Loss: Above recent highs at $111,800 (or adjusted based on your entry) ⚠️ Disclaimer: Once TP 1 is reached, move stop-loss to breakeven to protect capital and eliminate risk. TP 3 may never be reached, but it remains part of the plan to capture extended downside if momentum continues. If no red dot prints, there is no confirmation — be ready to abandon the trade.
Short
by petermichalides
2
Nasdaq-100 Wave Analysis – 19 June 2025- Nasdaq-100 reversed from long-term resistance level 22000.00 - Likely to fall to support level 21000.00 Nasdaq-100 index recently reversed down from the major long-term resistance level 22000.00 (which has been steadily reversing the price from the end of last year). The downward reversal from the resistance level 22000.00 will form the weekly Shooting Star candlesticks reversal pattern if the price closes this week near the current levels. Given the strength of the resistance level 22000.00 and the overbought weekly Stochastic, Nasdaq-100 index can be expected to fall to the next support level at 21000.00.
NASDAQ:NDXShort
by FxProGlobal
Crypto consolidating ahead of rally towards All Time HighsWith US equity markets closed for Juneteenth, I'm checking in on an equal weight basket of cryptos. Recently I said crypto looked to be heating up for a run at new highs. As I look today, prices appear range bound on the daily chart. There's a bearish double-top formation, beside declining momentum. The bottom of the range resting at the 200 Day Moving Average, and a test of it seems likely. Should there be a bounce off the 200 Day SMA, and a break through the top end of the range we might get a shot at those new All Time Highs.
BITSTAMP:BTCUSDLong
by quickshiftinn