A test of the newest Wave-PM CCI tool. Pretty darn accurate so far.
This is a bet against the current trend so it should be considered high risk. Price will either go sideways or back up to the 50 mean period once it moves back into the 50 4H band.
Set a CCI crossing up alert using 50 CCI.
Current target: 0.001429
Use a 2-3% SL
NOTE: The longer this takes the lower the target, please adjust accordingly to the 4H 50MA
This is a bet against the current trend so it should be considered high risk. Price will either go sideways or back up to the 50 mean period once it moves back into the 50 4H band.
Set a CCI crossing up alert using 50 CCI.
Current target: 0.001429
Use a 2-3% SL
NOTE: The longer this takes the lower the target, please adjust accordingly to the 4H 50MA
Note
Still being rejected by the 510 band, no buy signal imo just yetTrade closed: target reached
Target hit after 50 CCI cross, like clockwork
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.
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.