Reversion is a beautiful thing, near perfect accuracy

299
I think this chart explains it all.

See where the lines cross on the indicator to where the price returns. At every period, reversion occurs—impulse waves against the trend that moves the price.

Next stop, back down? I think so; reversion says so.

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.