Then, during the third week of January, the Stochastic, Parabolic SAR, and RSI all gave sell signals. And, judging from that long 3-month drop afterwards, you would’ve made a whole lot of pips if you took that short trade.
Around mid-April, all three oscillators gave another sell signal, after which the price made another sharp dive.
Now let’s take a look at the same leading oscillators messing up, just so you know these signals aren’t perfect.
In the chart below, you can see that the indicators could give conflicting signals.
For instance, the Parabolic SAR gave a sell signal in mid-February while the Stochastic showed the exact opposite signal. Which one should you follow?
Well, the RSI seems to be just as undecided as you are since it didn’t give any buy or sell signals at that time.