Chart and trend analysis: Monthly timeframe - down Weekly timeframe - down Daily timeframe - up Hourly timeframe - up
Trade action: Long-term opportunity - SELL, then BUY Short-term opportunity - BUY until price reaches the sell zone
Important points:
1] Both, buy or sell zones have 2 price levels, color-coded for your understanding: Green (enter a trade), Red (exit the trade or stop-loss) 2] Your choice of buying or selling depends on your timeframe (long term wealth investor vs. short term income trader). 3] Follow our T4 strategy when the price reaches the zone: wait for a bullish and bearish reversal in buy and sell zones respectively. 4] Risk management strategies are critical in any trading or investing activity such as position size (how much to invest) or stop-loss (knowing when to exit with an acceptable, predefined, minimal loss).
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