A good time to Long is when the price touches the UltraTrend and starts to go up. Also, it's better if the cloud in the MasterCycle indicator stays in an upward position.
The last sell signal come with the price drop a lot. This time, we have a long signal, and I'm waiting for the Ultratrend to go up before I start trading.
1. The Hero indicator should remain in a bearish mode. 2. Also, the Master Cycle indicator cloud should be in a bearish mode. 3. If the candles hit the cloud in the Master Cycle indicator and fall lower, it is a good opportunity to enter a sell position. 4. The more the candles penetrate the cloud and get closer to the number 50, the more likely we will see a...
1. The Hero indicator should remain in a bearish mode. 2. Additionally, the cloud of the Master Cycle indicator should also be in a bearish mode. 3. If the candles in the Master Cycle indicator hit the cloud and fall further down, it is a good opportunity to enter a sell position.
The Hero indicator shows a buying signal, and the MasterCycle indicator is above the bullish cloud. With the resistance break and the new support area to be tested , we might witness a short-term uptrend.
My buying scenario involves breaking below the support area and then bouncing back up. The MasterCycle indicator signals a downward trend as long as it's under its cloud. However, when candle movements are in areas below 25, the MasterCycle indicator indicates the best entry point with optimal risk-to-reward ratio.