Red dot sell signal on Superwaves (MP Trading) script usually precedes a 10% - 30% drop. I expect something closer to 8 or 9% to cool off RSI before another bullish pump can occur.
All indicators should be used in conjunction with other TA.
We shall see...
All indicators should be used in conjunction with other TA.
We shall see...
Note
WELP. This one did not play out. Sorry folksNote
Actually, Idk what I was talking about^ this DID play out - ran from 9400 to 8152. Just took a bit longer than expected
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.