Bounce: Buy

Many seasoned traders use the method found on platforms like Money365 :

: A temporary, small recovery in the price of a declining asset, followed by a continuation of the downtrend. Practical Strategy: The "Double Confirmation" bounce buy

: Traders watch for an "oversold" signal (RSI < 30). A buy signal is generated when the RSI hits this low point and begins to "bounce" upward alongside the price. Many seasoned traders use the method found on

: A sustained upward move supported by fundamental strength or a long-term trend reversal. bounce buy

: The RSI simultaneously bounces from an oversold zone (below 30).

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