Regression Trend Channel.
This tool is automatically drawn by Binance chart by using calculated mathematical linear regression, and it enables you to draw a trend channel with upper and lower bounds and most of the time, the upper or lower bounds are exactly where the price tends to bounce!
Open short position when trend is downward and price is at upper bound.
Open long position when trend is upward and price is at lower bound.
You can use it on all timeframes.
To use the tool, just click on the arrow next to the trend line tool, you can find regression trend channel tool there!
