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Which is best indicator for detecting the spikes in boom and crash

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After long searching and practice, I have come to learn that the best way to catch spikes is through price action primarily with the aid of a few trend indicators. Spending much time with one asset will also make you familiar with it's price movement and hence the spiking. Search for 'economicgrapevine' boom and crash strategy and see if he makes some sense.
 

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