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BASIC THINGS OF RSI 14 AND KISSING POINTS ON EVERY CHART CYCLE

BASIC THINGS OF RSI 14 AND ITS POWER

RSI stands for Relative Strength Index and the basic range is 0 to 100. Major of the trader, investor or analyst using this simple indicator for many years.

Everyone needs a simple and steady things which can give a steady output. This RSI is the indicator which is a simple and steady one.


Here is the example where you can see the RSI 14 value is 53+ which is still running and updating as per market price value. As I said earlier that maximum people advice a basic things against the RSI trend that is RSI value 30 stands for oversold area and 70 stands for overbought area.

Some ppl suggest to sell below RSI 30 and to buy above RSI 70 value. But this is not working actual in general time. This is not applicable for every purpose.

I have some suggest to catch the actual trend on a proper time. 
First you have to find out the actual time to catch your stock on proper price. So Time is value for Money. If you need to find out the proper time then you have to wait for proper timings.

As per my point of view I discover a name which is "KP" means "Kissing Points".

What is this KP (Kissing Points) & how to find out this one ??


On the abv picture you can see RSI with many lines and if you look at carefully then u can see the lines are not only a simple line. All lines are some how touching many of RSI hooks. 

Some times some chart also help you to understand the direction. Here is another example where you can see the chart with RSI KP stands on basis of direction.


Here on above picture you can see the lower KP and upper KP which also help you to do not take position when it not able to break the level.

Now the question might arise your mind that how to draw this KP line each other or how can we understand that we can draw a line on a chart/ rsi indicators which will be the correct. We will explain it on another page where I will describe the point separately.

If you see on a chart with different different indicators then you can realized that every chart is examined with LINES on some indicators. So LINE is most important things on every trading library.  




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