Based on the indicator, every time blue bar touch the deviation line, reversal is coming.
This and indicator that i still doing a back-test but so far it is showing a good result.
in addition to that, the price also open with GAP up showing momentum form buyer and usually this kind of situation you can take 70% the price will start to move up either now or soon enough within 1-3 days.
Note: Only my 2-cent opinion. you can double check on this.
This and indicator that i still doing a back-test but so far it is showing a good result.
in addition to that, the price also open with GAP up showing momentum form buyer and usually this kind of situation you can take 70% the price will start to move up either now or soon enough within 1-3 days.
Note: Only my 2-cent opinion. you can double check on this.
Note
So basically , im right almost 80% there hehe it just that didnt expect that pull back come so soon, should have put stoch to see the price at what value.Anyway, cuscapi have possibility to reach 0.5 within 2 weeks. since its close at previous high there is a small possibilties that it will do some pullback before moving up again.
you can hold it for long though if you want.
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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.