Today we’re looking at another trading setup using our technical indicators, which are considered to be among the best indicators for TradingView. In particular, we’re using just two indicators: the Bottoms Tops Signal in combination with the RSI Exhaustion.
Before even looking at the indicators, we can clearly identify a possible short setup on the TradingView chart just by looking at the price action and the most recent price structure. Of course, we then use the indicators to look for the confirmation, not only of a trading setup, but also of a high probability trade. In this case, both the Bottoms Tops Signal and the RSI Exhaustion (RSI 14), confirm our technical analysis and so we enter into the trade.