back testing 3 years of data, and other than one time, when RSI on 3hr chart tagged 30 or lower 3 times, Price came back to MA55(red line) in the following week, usually 2-5 days
Note
nice! 5 days...Trade closed: target reached
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.