Technical Indicators only give an indication of the market trend. We cannot take trade calls using Indicator but we can confirm our calls using this. The Indicators can be of Trending type and Non-trending type. Moving average is an non-trending indicator as it does not give the correct indication during the sideways movement. RSI is a trending type Indicator.
Ralshton Castelino, , Technical Indicators, Fibonacci retracement, Moving average, Non-trending Indicator, RSI, Technical indicator, Trending indicator