Labels:text | screenshot | font OCR: The RSI is a price following oscillator that ranges between 0 and 100. A popul method by which to analyze the RSI is to look for a divergence wherein the securities price is making a new high, but the RSI is failing to surpass its previous high. This divergence would be an indication of an impending reversal. When the RSI then turns down and falls below its most recent trough, it is_said to have completed a failure swing. failure swing would be considered a This confirmation of an impending reversal. RSI and chart formations have 5 things look for : Tops and_bottoms : The RSI usually tops above 70 and bottoms below 30. The usually forms these tops and bottoms
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