how I use RSI + my pattern as additional confirmation

#Gold

This is how I use RSI + my pattern as additional confirmation.

I don’t really use it anymore, but when I started, it made entries much easier to understand, so feel free to use it as a reference 😊

RSI settings: Period 14, band 25–75

Add an SMA (moving average) inside the RSI.

For 5-minute scalping, set the SMA to 9.

By combining Fibonacci × RSI (SMA):

Fibonacci shows possible reversal price levels,

and RSI shows the strength of the momentum,

so you can double-check your entry.

On the 5-minute chart, I often use this during corrections after a drop (or rise),

aiming for entries around the Fibo 38.2–61.8% retracement.

---

5-minute chart entry flow

① First, during the prior drop, RSI breaks below 25

→ Sign that selling momentum has been exhausted.

② Then the price rises (wave 1)

→ Price comes back to form a pullback.

③ During the pullback, RSI stays around 45–55

→ A sign that momentum is making a healthy adjustment.

④ Here, SMA9 crosses RSI from below

→ Reversal timing within the Fibonacci zone.

As long as SMA9 stays between 45–55 inside the RSI after the cross,

this becomes a “scalping zone” where you can catch multiple rebounds.

Since gold can easily move 100 pips in one scalp,

this is definitely a zone worth remembering.

---

15-minute chart: Using RSI to catch the start of a reversal

The points are simple:

① Price trendline and RSI line move in opposite directions (divergence)

→ Evidence that momentum is being depleted.

② After that, the first wave clearly rises with stronger angle

→ Sign of a real reversal beginning.

Confirm these two, then aim for entries on Fibonacci pullbacks.

By looking not only at divergence but also the strength (angle) of the rebound afterwards,

you can avoid misjudging direction and catch pullbacks after the reversal.

Since this approach targets reversals caused by momentum exhaustion,

always use it when price is in Elliott Wave 5 on the higher timeframe.

If divergence also appears from waves 3 to 5, even better.

A reversal from a 5th-wave exhaustion can produce a 1000-pip move on gold.

---

This time I summarized the basics of combining RSI and Fibonacci.

Next… I’m planning to explain one of my practical indicators 😏

If you want to know, give it a like and RT.

I’m excited to see how far this one spreads, because if you wait for these setups alone, the win-rate becomes 100%. 😏