What a fantastic week for range trading!
Today, on a very red Friday session, we had the perfect Extreme Turn Buy signal. Let's break it down.
Note: The Extreme Turn Signal featured in this video is generated from a custom, hybrid indicator, build with love and passion, from my team here at the tradersdevGROUP ("TDG" among friends). But you can recreate the signal by applying an RSI indicator to your chart with the settings (5 period, 84 upper, 16 lower).
Stay Green & Trade Like You Mean It!