There is a high change of reversal in TSSI. This is due to a number of factors:
1. Both the 30min and 150min time frames are showing that the price is overextended to the downside on the custom Data Distribution script. (Yellow dots)
2. The custom USI script has shown a buy signal on the 30min chart. (Background changed to green)
3. There was a good reversal candle on the 30min chart.
1. Both the 30min and 150min time frames are showing that the price is overextended to the downside on the custom Data Distribution script. (Yellow dots)
2. The custom USI script has shown a buy signal on the 30min chart. (Background changed to green)
3. There was a good reversal candle on the 30min chart.
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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.