The chart highlights RSI and Williams %R trendline breakout plays. My strategy? Identify trendlines on the chart, monitor RSI and Williams %R, and target breakouts on these momentum indicators.
Current Situation: All key signals have already triggered.
Strong bullish seasonality Favorable COT data (small specs bearish, commercials bullish) Low open interest
This setup aligns with high-probability breakout criteria.
Chart Indicator SMA 1W 52 (red) SMA 1W 18 (green)
Bottom Indicators WilVal Williams R% 9 length RSI 9 length
Not Financial Advice
for more questions ask in the comments or check my X @valuebuffet
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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.