Not sure about others, but personally I really like CCI indicator.
Looking at its historical performance especially on the weekly timeframe it has proven to be extremely precise in signaling key market reversals and momentum shifts.
Currently, we can see a triangle pattern forming on the chart.
If this triangle plays out as expected - targets are marked on the chart and I’d dare to assume those could represent the final highs before a major correction or potential “scam phase”
Looking at its historical performance especially on the weekly timeframe it has proven to be extremely precise in signaling key market reversals and momentum shifts.
Currently, we can see a triangle pattern forming on the chart.
If this triangle plays out as expected - targets are marked on the chart and I’d dare to assume those could represent the final highs before a major correction or potential “scam phase”
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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.
Related publications
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.