Adding in to the strong Stochastics reading, note that the BBW is also increasing. Good rule of thumb, when this BBW indicator (volatility measurement) is getting bigger, stay with the trend. When this indicator reverses, prices tend to revert to the mean or move to oversold. For now, enjoy the rally
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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.