Technical indicators are the tools to determine the market in trending and non trending. It helps to take decision and not to take the final confirmation. Moving averages are uses in the trending market and it does not work in the sideways. RSI used in the sideways trend. It clearly show the Strength of the buyers and the sellers , buy zone and sell zone. Fibonacci retracement it used to determine the support and the resistant level.
, , Technical Indicators, Fibonaccei retracement, Moving average, non trend, Relative Strength Index, short term, Strength of buyers and sellers, support and resistant, Technical indicators, trend
