There are many trading styles and indicators to follow, but one constant is that when a price becomes overextended and investors have committed funds, it will eventually retrace to lower levels as consumer and investor behavior adjusts.
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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.