Anil'ji,If RSI making HH-HL but price consolidating,how to read this...?
So even though price is moving sideways, RSI may rise on account of more avg gains over the period or lesser avg losses over the period...so in those conditions its wise to wait for price to show direction by breaking out in direction of RSI...
IF RSI making this HH-HL pattern closer to 50 levels, its very difficult to play...as RSI of 50 means both forces are acting and can get in either direction...so if RSI is forming HH-HL below 50 and then breaking it up above 50 is great to go long...