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DadShark
Jan 3, 2019 8:32 PM

Eth Mean reversion short position Short

Ethereum / BitcoinBinance

Description

The condition has been met for short term mean reversion, I expect the 450 MA on the 15 minute chart to be the exact retracement value for trend continuation. Ideally, wait for a 45 period cci to roll down for a lowest risk entry.

Do note that you are betting against longer term mean reversion, after the retracement value has been hit, resume a long position.

Comment

Mean reversion on the daily has caused short term mean reversion to fail.
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