
Technical | Analysis page 438 | https://thedailydialectics.com/pdfs/economics/Technical_Analysis/Technical_Analysis.pdf
Chapter 18 Confirmation 409 overbought negative divergence failure swing \ oscillator oversold FIGURE 18.1 Example of oscillator analysis methods In a trading range, the overbought and oversold levels are excellent indications of potential reversal levels, especially when the oscillator breaks out…