📈 Indicators Series – Part 6: Stochastic Oscillator (Bro Talk Edition)
Bro, ever feel like the market is moving before you even see it coming? 👀
That’s where the Stochastic Oscillator becomes your early-warning radar.
Here’s the deal:
It basically checks where the current price is compared to the highest & lowest prices in the last few candles — and then tells you if the market’s getting too hyped or too scared.
How to read it, bro:
Above 80 → Overbought → market might chill soon 😎
Below 20 → Oversold → could be time for a bounce 🚀
%K crossing above %D below 20 → possible buy vibes 💵
%K crossing below %D above 80 → maybe time to lock profits 📉
🔥 Pro move: Don’t trust it alone, bro. Pair it with RSI or MACD so you don’t get faked out.
Image Source (Legit): Alchemy Markets – Stochastic chart example