To Successfully Trade You Should Understand the Stochastics Indicator
Stochastics is one of the leading technical indicators used for forex, stock, cryptocurrency and commodities trading. Stochastics is considered a bounded oscillator as the value is bounded between the 0 and 100 range and it oscillates between these ranges giving overbought and oversold signals as well as buy and sell entries based on the cross over of the %K and the %D line.
Stochastics works well for short term as well as longer term trading in any time frame. Stochastics shows the momentum of a price movement and gives us trend indications using divergence.