Envelope Indicator

[Arafx]

The envelope indicator is a technical analysis tool that plots upper and lower bands around a moving average to identify potential price reversal points.
Any idea using this indicator?

 

[thomassup]

Well, when the price hits or crosses those bands, it could signal a possible trend shift. It's like a heads-up, telling you to pay attention and consider your next move.

 

[Arafx]

Well, when the price hits or crosses those bands, it could signal a possible trend shift. It's like a heads-up, telling you to pay attention and consider your next move.

Right. By combining this indicator with other technical analysis tools and strategies, we can enhance our trading decisions and potentially capitalize on market opportunities.

 

[thomassup]

Right. By combining this indicator with other technical analysis tools and strategies, we can enhance our trading decisions and potentially capitalize on market opportunities.

Dude, you're awesome! Thanks for vibing with me and being so in sync. Appreciate you being on the same wavelength