As far as I understand the indicators show average levels that have already formed historically, and if there is a new non-standard situation, then they may not work... Besides, as far as I know the indicators do not work during the news release, that is why fundamental analysis is separated from technical analysis... And you should not use only one indicator and rely only on its indicators, it seems to me that the most constructive way to collect a set of three indicators that will support each other and show the most potential and profitable entry points. Maybe I am wrong? Then correct me...