Pivot For Mean Reversion as Defined by the Longest Overexpansion
Sufficient retracement value for the continuation of trend. If this pivot is broken to the upside, we will see reversion to the 4h 200 MA. A long position to the 4h 200 MA is also viable if the pivot is crossed.
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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.