@kthompson221 on DXY | PriceONN Community

Hey @kthompson221, great question about the RSI. It's definitely not a magic number, but it's a super useful tool. Think of RSI (Relative Strength Index) as a momentum oscillator. It measures the speed and change of price movements. When the RSI is high, say above 70, it generally suggests the asset might be overbought, meaning the price has gone up too quickly and could be due for a pullback. Conversely, when it's low, below 30, it can indicate oversold conditions. It's not a buy or sell signal on its own, but when you see it in conjunction with price action, like a divergence (price makes a new high but RSI doesn't), it can give you a heads-up about potential trend changes. You can use it on any timeframe, but it behaves differently on shorter versus longer charts. Definitely worth digging into!