Original subtitles

Hello, guys, and welcome.

This is going to be a short introduction to R as I basically ISIS a momentum indicator, we are not

going to go into details.

I mean, the mud behind it and calculation's and stuff like that.

You can Google that if you think that it's useful to you and it's good to know it's you can do that.

But what is going to be the key takeaway from this video is going to be this one.

Guys above 50 is bullish.

RSA above 50 is bullish.

Below 50 is bearish.

And if it hangs out, around 50 is neutral.

Right.

Annual in the price year, we are going to see a sideways action just like here.

So now I can show you something quickly.

Let's change to fifty two and forty eight.

So this is going to be.

And let's just make it like this.

So this is what I'm talking about.

I mean.

Around this level, it's neutral above this level.

It's body bullish below this level is bearish.

And what you will notice is that when there is an uptrend, you will see the RSI hanging above this

level.

Right.

Any ETF on finding a support here to see how it found support your bounce and operate continue on the

opposite side.

When there is a downtrend, you will see that RSI will hang below here.

For example, look here, there was a very nice uptrend, you see from this point on.

Let's mark this from this point on the other side, break above our level that we we draw and this happen.

All right.

Here at this scandal and during all this, it never, ever broke below.

All right.

So you see during all this uptrend, RSI was hanging a bullish control zone, basically.

This is why you can call this a little bit like a bullish control zone.

And below this hour level, we can call it a little bit like a base control zone and you will notice

in a downtrend.

But that is hanging around there.

I mean, down there.

But look what happened, basically.

And then it started to hang around here, the neutral zone here a little bit.

Up, down.

They started to traverse the neutral zone.

And what you got in the price?

It especially here.

You see do you see this?

How RSI is going like sideways around on the Neutral Zone?

It's not really going to much below and especially here.

This is the end.

You are getting a sideways action.

Right?

And then during the the bear trend, it's mostly hanging below.

And this is a massive frontal lobe.

This is from 3000 to 14000.

This is a massive front.

You will notice in the in the bear trends that is going to first.

Let me show you first.

This better you see when out of sight again.

Another good example when he's hanging around the neutral zone.

Look what's going on with the price.

It's going sideways.

So this is very useful.

You will see in downtrends like this one.

So basically, either side broke below our level here.

Ops.

I wanted to show it on the price, so it broke below.

It broke in the in the bearish territory here.

And up to this point, it actually stayed there.

Here, it's likely broke above, but it was a fake out and then it dropped below.

So, yeah, this is it.

This is the key that I want to show you in this intro to RSI above 50, bullish below 50, bearish when

it's hanging around the 50 zone.

It's neutral.

This is it for this video.

And now we are going to start jumping into some very, very interesting stuff.