Fibo RSI Bullish 5 Min with WPR and SuperTrend
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Fibonacci
Levels (Fibo): Fibonacci retracement levels are used to identify potential
support and resistance levels in a price chart. Traders use these levels to
gauge potential reversal or continuation points in the price trend. Common
Fibonacci levels include 38.2%, 50%, and 61.8%.
Relative
Strength Index (RSI): The RSI is a momentum oscillator that measures the speed
and change of price movements. An RSI above 70 typically indicates overbought
conditions, while an RSI below 30 suggests oversold conditions.
Williams
Percent Range (WPR): The Williams Percent Range, or Williams %R, is a momentum
oscillator similar to the RSI. It helps identify overbought and oversold
conditions. WPR values range from -100 to 0, with values below -80 indicating
potential oversold conditions, and values above -20 suggesting overbought
conditions.
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