Observing the price dynamics of the last daily candlesticks, we see that from the high of February 2nd, the market has started a retracement movement, creating bearish swings that have brought the price back within the dynamic channel, reaching LuBot's TrendCloud.
We now see a bullish signal with large volatility closing above all major moving averages after the...
Hi Traders,
today I am sharing a trade setup that I entered into my portfolio using the LuBot indicator. Below I explain the reasons.
1. The indicator shows one last Long signal so I decide to follow bullish trades only.
2. The main trend of the last few months is up so I prefer to follow the operations in Trend
3. In the last few days we have seen a short-term...
As can be seen on the graph, a good entry setup has been formed on the Dow Jones index through the use of the LuBot indicator.
We have several points in favor of a Long trade including:
1. The last signal shown is Long, in this case we will only follow the entry setups for purchases;
2. TrendCloud is positive and supportive
3. Price returns to TrendCloud and...
