Trade Confident – Trend Exhaustion
Description
This TradingView indicator is designed to tell you when an uptrend or downtrend is exhausted and is due for a reversal. Although it’s not always 100% accurate, this indicator has helped me predict incredible drops and rises in price before they happen.
What will you learn?
HOW TO READ THE INDICATOR
- When the white line (trend) moves into the top red zone, this means the uptrend is in the exhaustion zone and is normally due for a drop.
- When the white line (trend) moves into the bottom red zone, this means the downtrend is in the exhaustion zone and is normally due for a run-up.
Note: This indicator also comes with alerts as shown in the video above.
More courses from the same author: Trade Confident
