Candle Momentum Exhaustion
🚀 Candle Momentum Exhaustion Indicator – Spotting Market Reversals Like a Pro!
🔥 Live in Action! Our Candle Momentum Exhaustion Indicator is prhttps://www.tradingview.com/script/ia6xS1RJ-Candle-Momentum-Exhaustion/oving its strength in identifying key exhaustion points in the market. Using a black candle fill to highlight exhaustion areas, the indicator successfully detects when momentum weakens, signaling potential reversals with high accuracy.
📊 Key Features & Observations:
✅ Precision Exhaustion Signals – Captures exhaustion points before reversals, helping traders make informed entries & exits.
✅ Works Across Market Conditions – Whether in a strong trend or sideways movement, it adapts dynamically.
✅ Volume Confirmation – Signals align well with increasing/decreasing volume, adding credibility.
✅ Enhanced Visuals – The black-filled exhaustion candles make it easier to spot momentum weakness at a glance!
🔍 How It’s Performing in Nifty 50:
📌 Recent market structure shows consistent accuracy, with exhaustion points appearing at peaks & dips before trend shifts.
📌 Strong signal clusters near resistance zones indicate potential profit booking areas for traders.
📌 Support areas see exhaustion candles aligning with buying interest, helping catch potential reversals early.
🚀 Conclusion:
This indicator is proving to be an essential tool for traders looking to catch momentum exhaustion before price reverses. With strong visual cues and volume correlation, it’s a game-changer for intraday and swing trading!
💬 How are you using the Candle Momentum Exhaustion Indicator? Drop your feedback below! 👇
🔥 Live in Action! Our Candle Momentum Exhaustion Indicator is prhttps://www.tradingview.com/script/ia6xS1RJ-Candle-Momentum-Exhaustion/oving its strength in identifying key exhaustion points in the market. Using a black candle fill to highlight exhaustion areas, the indicator successfully detects when momentum weakens, signaling potential reversals with high accuracy.
📊 Key Features & Observations:
✅ Precision Exhaustion Signals – Captures exhaustion points before reversals, helping traders make informed entries & exits.
✅ Works Across Market Conditions – Whether in a strong trend or sideways movement, it adapts dynamically.
✅ Volume Confirmation – Signals align well with increasing/decreasing volume, adding credibility.
✅ Enhanced Visuals – The black-filled exhaustion candles make it easier to spot momentum weakness at a glance!
🔍 How It’s Performing in Nifty 50:
📌 Recent market structure shows consistent accuracy, with exhaustion points appearing at peaks & dips before trend shifts.
📌 Strong signal clusters near resistance zones indicate potential profit booking areas for traders.
📌 Support areas see exhaustion candles aligning with buying interest, helping catch potential reversals early.
🚀 Conclusion:
This indicator is proving to be an essential tool for traders looking to catch momentum exhaustion before price reverses. With strong visual cues and volume correlation, it’s a game-changer for intraday and swing trading!
💬 How are you using the Candle Momentum Exhaustion Indicator? Drop your feedback below! 👇
Thanks.
TradeTech Analysis
Telegram Channel - t.me/Tradetech2024
Youtube Channel - youtube.com/channel/UCJ_fgdonEfbdnU3c79t8xTg
Website - tradetechanalysis.com/
TradeTech Analysis
Telegram Channel - t.me/Tradetech2024
Youtube Channel - youtube.com/channel/UCJ_fgdonEfbdnU3c79t8xTg
Website - tradetechanalysis.com/
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.
Thanks.
TradeTech Analysis
Telegram Channel - t.me/Tradetech2024
Youtube Channel - youtube.com/channel/UCJ_fgdonEfbdnU3c79t8xTg
Website - tradetechanalysis.com/
TradeTech Analysis
Telegram Channel - t.me/Tradetech2024
Youtube Channel - youtube.com/channel/UCJ_fgdonEfbdnU3c79t8xTg
Website - tradetechanalysis.com/
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.