The Primary Trend (PT) given by the Monthly TIME BAR ( MTB ) is currently
The Secondary Trend ( ST ), given by the Weekly TIME BAR ( WTB ) is currently
The Medium Term Trend ( MTT ), given by the Daily TIME BAR (DTB) is currently
The Short Term Trend ( STT ), given by the Four Hour TIME BAR (FHTB) is currently
This is a high risk trade since the Primary and Secondary Trend are still . We are taking this trade in the direction of the Medium Term Trend which is given by the Global Daily Time Bars(GDTB).
In light of the above trend analysis we will start a trade using Global Trading Strategy #4 on the Global Automated Trading System #4 which trade in the direction of the Global Daily TIME BARS (GDTB).
Global Entry Signal: Buy @21309
Global Stop Loss: 21100
Global Target Profit: 22498
Global Trade Management Strategy: We will applied the Global Trailing Stop System for Global Trading Strategy #4
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