Markets › NZD/USD › RSI overbought drop
Forex · indicator signal
RSI overbought drop on NZD/USD
On NZD/USD the rsi overbought drop showed up 154 times. The target came first 34% of the time, the stop 59%, and 6% went nowhere within 12 candles.
Counted on NZD/USD: daily candles from January 2015 and hourly candles from October 2024.
By timeframe
| Timeframe | Found | Target first | Stop first | Went nowhere |
|---|---|---|---|---|
| Daily | 21 | 24% | 71% | 5% |
| Hourly | 133 | 36% | 57% | 7% |
NZD/USD against the rest
| Charts | Found | Target first | Stop first | Went nowhere |
|---|---|---|---|---|
| NZD/USD | 154 | 34% | 59% | 6% |
| All Forex charts | 2,113 | 32% | 58% | 10% |
| Every market | 36,014 | 34% | 58% | 8% |
Year by year
| Year | Found | Target first | Stop first |
|---|---|---|---|
| 2016 | 3 | 33% | 67% |
| 2017 | 4 | 25% | 75% |
| 2020 | 6 | 0% | 100% |
| 2022 | 3 | 33% | 67% |
| 2024 | 5 | 20% | 40% |
| 2025 | 69 | 36% | 61% |
| 2026 | 60 | 38% | 53% |
The last 8 times
- 13 Oct 2026, 13:00 UTC · hourly · stop first after 1 candle
- 4 Sep 2026, 03:00 UTC · hourly · target first after 4 candles
- 21 Aug 2026, 14:00 UTC · hourly · stop first after 1 candle
- 21 Aug 2026, 07:00 UTC · hourly · stop first after 1 candle
- 21 Aug 2026, 04:00 UTC · hourly · stop first after 4 candles
- 20 Aug 2026, 11:00 UTC · hourly · stop first after 2 candles
- 19 Aug 2026, 21:00 UTC · hourly · stop first after 2 candles
- 19 Aug 2026, 17:00 UTC · hourly · stop first after 1 candle
Counted by the Trading Class research engine on real past candles: entry at the signal candle's close, target 1.5 × ATR(14), stop 1 × ATR(14), 12 candles to decide, a candle that touches both counts as the stop. How we count. Past data, not a forecast and not advice.
What the rsi overbought drop is
RSI rose above 70, then fell back below it. Buying may be tiring.
Run up a hill as fast as you can and soon you need a breather. RSI is a gauge from 0 to 100 that shows how hard price has been pushed lately. Above 70 means price was pushed up very hard, and dropping back below 70 hints the buyers may be tiring.
The full rsi overbought drop lesson, video and quiz ›
Other patterns on NZD/USD
Inside bar · Stochastic bullish cross · Stochastic bearish cross · Spinning top · Doji · MACD bullish cross · MACD bearish cross · EMA 9/21 bullish cross · EMA 9/21 bearish cross · RSI oversold bounce · all of them
The rsi overbought drop elsewhere
GBP/USD · EUR/JPY · EUR/USD · USD/CHF · GBP/JPY · USD/JPY · EUR/GBP · AUD/USD · USD/CAD · GBP/INR · Sensex · Nifty 50 · Dow Jones · S&P 500 · Nikkei 225 · Sony · Gold · Silver
Questions
How often does the rsi overbought drop work on NZD/USD?
In 154 cases on NZD/USD, the target (1.5 × ATR) came before the stop (1 × ATR) 34% of the time and the stop came first 59%; 6% went nowhere within 12 candles.
What is the rsi overbought drop?
RSI rose above 70, then fell back below it. Buying may be tiring.