As shown, the mass of price has created a sustainable trend above the empirically relevant pivot of the longest overexpanded distribution. If the band is reentered, short to the 370 moving average
Note
Short term mass had been overexpanded as well, long term mean reversion trumped short term mean reversion and the sustainable trend continues!
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FREE HOUR LONG LESSON HERE!
youtu.be/WJUo858bEQE
INDICATOR AND LESSON ACCESS!
Website: sharkcharts.live
Discord. Large community of veteran traders! Join us!
discord.gg/Re4VXDt
youtu.be/WJUo858bEQE
INDICATOR AND LESSON ACCESS!
Website: sharkcharts.live
Discord. Large community of veteran traders! Join us!
discord.gg/Re4VXDt
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.