Some practical recommendations.
For example, today on GBP break 1.2145 and should immediately update the minimum in the area of 1.2093 and 1.2040. If the false breakdown is at 1.2145, which is quite possible due to the decision of the Fed, then I will buy with the target 1.2210 and 1.2264. I think that there will be a correction, where I sell for a rebound. It was possible to place orders on BUY without risk in points in the figure. You can then get caught in a bull trap. Then use the sell stop orders that we “pull” to the point of a possible price drop.
The oscillator at the points indicated by me shows itself just fine.