04/09/2022
The markets are currently bearish and are likely to continue to trend downwards in the near term. ๐
Here are some helpful technical indicators you can use in a bear market:
1. Relative Strength Index (RSI): This helps identify overbought or oversold market conditions. It is helpful in trending markets.
2. Simple Moving Average (SMA): This helps traders understand the average price of an asset over a specific timeframe.
3. Exponential Moving Average: This represents the average price of an asset over a specific timeframe too but with greater emphasis on recent prices.
RW: 75.71% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you can afford to take the high risk of losing your money.
