A rising RSI Exhaustion is a very good predictor of an imminent price uptrend.
That’s not all.
In fact, you can combine a rising RSI Exhaustion with further analysis to identify the best Trading opportunities.
We did exactly this in the live trade on TradingView that we discuss below.
First, what is the RSI Exhaustion?
The RSI Exhaustion is an essential replacement of the regular RSI indicator because it is able to identify and highlight Hidden Exhaustion levels.
In today’s live trade, we have a rising RSI Exhaustion. So what should we do when the RSI Exhaustion moves higher?
We just look for confirmation in the other Trading Indicators for a buy setup.
If they all confirm the Trading opportunity, it’s very likely that it will be a Highly Profitable Trade.