Mean reversion is in. Trend cannot continue until price action hits the 200 MA.
Either price action will trend upward to meet price, or the mean will travel down to meet price through a lateral move.
Ideal entry can be gained from a 20 period cci roll up.
Either price action will trend upward to meet price, or the mean will travel down to meet price through a lateral move.
Ideal entry can be gained from a 20 period cci roll up.
Note
Mean reversion trades hit with around 90% accuracy thanks to 3D wave PM.
Note
Mass eventually expanded to the 240 period.
Price traded laterally as defined EXACTLY by the 240 period.
As long as the 240 period's mass reading is above the .7 value price trades within that range.
When it crossed below the .7 value, the range ended.
Again, like clockwork.
Note
I drink deeply, from my tall glass of I told you so
Disclaimer
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.
Disclaimer
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.