So, on a log scale I see this channel.
How to:
-> When the price is in the accumulation area (between lower limit and accumulation line): weekly/monthly plan of investing
-> When the price is between the accumulation line and the profit line: sit back, invest in something else, hold, relax, go to the theater, play videogames, love your partners
-> When the price crosses the take profit line wait for two conditions before taking profit: 1) hit the high limit line, or 2) cross below the take profit line.
-> stockpile your profits and wait for the price to go again below the accumulation line, then buy.
-> repeat
Eventual riskier and speculative setup: when the price is on the lower limit line it could be a potentially good point to use high leverage.
This is not financial advice, do your own research.
How to:
-> When the price is in the accumulation area (between lower limit and accumulation line): weekly/monthly plan of investing
-> When the price is between the accumulation line and the profit line: sit back, invest in something else, hold, relax, go to the theater, play videogames, love your partners
-> When the price crosses the take profit line wait for two conditions before taking profit: 1) hit the high limit line, or 2) cross below the take profit line.
-> stockpile your profits and wait for the price to go again below the accumulation line, then buy.
-> repeat
Eventual riskier and speculative setup: when the price is on the lower limit line it could be a potentially good point to use high leverage.
This is not financial advice, do your own research.
Trade active:
Back to accumulation area. :D
How long will it last before price takes off again?
How long will it last before price takes off again?