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RSI Patterns & Trend-Lines

Traders can draw trend-lines on the RSI in the same way as you as a trader can draw trend-lines on the price charts. RSI trend lines are drawn the same way trend lines are drawn on the chart; by joining consecutive highs of the RSI or consecutive lows on the RSI Indicator.

XAUUSD RSI Setups - How to Add RSI in Chart

RSI Trendlines & Trend lines on XAU USD Charts

RSI Patterns in XAU USD Trading

RSI Chart patterns such as head and shoulders chart patterns or triangle patterns that aren't evident on the price chart are often formed on this RSI indicator.

RSI also often forms patterns such as head & shoulders or triangles patterns that might or might not be visible on the price chart. As shown & displayed on the chart below the Inverse Head and Shoulders reversal formation is clearly shown on this RSI indicator.

Trend Lines on RSI - How to Set RSI in Chart on Software Platform

Patterns on RSI Chart Indicator

Support & Resistance Areas using RSI Indicator

Sometimes chart levels of support and resistance zones are demonstrated better on the RSI than on the price chart.

In an upward market trend the support levels shouldn't be broken at any one time, if they are broken then price also will break the support levels & the upward trend is going to reverse.

In a downward trend the resistance zones shouldn't be broken, if they are broken then price will also break the resistance zones, & the downwards trend is going to reverse.

XAUUSD RSI Setups

Support & Resistance Zones on RSI Indicator

In the example illustration displayed above when the third resistance zone was broken the downwards trend reversed to an upward trend and when the sixth support was broken the upward market trend reversed & broke the upward trendline.

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