DislikedIf something hit "oversold" or POWER ZONES 8 hours ago, it is telling you that you should be in sell...again, waiting for price to move out of the zone before either taking profit or looking for additional entries on a continuation of the trend...
Effectively, samesies...using indicators is to help follow the trend, not guess where price will reverse...Ignored
Can't remember who, but someone did a study using the RSI(2) and every time it was below or above 10 or 90 respectively, there is a statistical edge.