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Here is a stumper....

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I have a chart with varying technicals. Low ROC, Low RSI, med/dropping ROM, and extremely high STO. Technically I would say we are headed for a dropping price action. However what does get me of centre is the low RSI and rising MFI. This indicates to me a rising price action. So would I be wrong as say this could move sideways? Whats the views just based on this info?
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Super Contributor
Depending on timeframe, sounds like a wait and see signal. (Wish I could adhere to mine!)
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Super Contributor
Analysis Paralysis!
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New Contributor
From where is the ROM coming from???? cannot be viewed as an oscillator.
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Tech, ROM is on OST charts, not a standard indicator by I believe proprietary/on loan to OST
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Super Contributor
I would wait to see a rise in the ROM, and let that STO come off a bit before an entry ... or are you wondering if you must sell or hold? Maybe hand around. What's your time-frame?
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Thanks guys, I am in a holding pattern. Time frame is short. 2 weeks max. I like quick in and outs, sometimes a few times a day or a week if I can. But the aim is price action and getting 10% plus of every trade.
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