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
