NASDAQ Long position

Yesterday the RSI indicator showed that NAS was hugely overbought with an RSI of 86

After a big pullback price corrected and the RSI dropped to 30 indicating a possible long position again

If we drop down to the 15min time frame we can see the EMA crossover also confirming our buy bias

This is enough information to have placed a long position with a decent 1:3 R:R