RSI Trading Strategy | 5 RSI + 20 SMA | RSI Midline Strategy | Swing Trading Strategies | 20 SMA + 5 RSI Trading Strategy ||

Extra points:
+ Target- Another option would be to exit with whatever profit you have when the opposite trading signal is given. (In this case, when the buy signal is generated).

+ Entry- Buy using reversal candlestick patterns and price action that form when the price touches the 20 SMA line. Look for reversal candlesticks like bearish pin bars ( shooting star, hanging man), engulfing candles, bearish harami, etc.

Disadvantages:
Most often or not the pullback to the SMA fails to happen.


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