In market, price is determined by supply (Sell) & Demand (Bid). Overbought situation lead to Sell and vice-versa in Oversold, which several indicators easily confirm it a right point for Profitable placing order. When a combination of Indicators (Stochastic, Bollinger Band, RSI) agree a stock or price index is overbought or oversold, a serious trader should be serious to trade with a perfect confirmation from Sniper Candlesticks (Bullish or Bearish) or Doji (Reversal indicator in Overbought or Oversold). Reminder ! A Sniper Candlesticks reverse the Market trend.
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