One of the trading systems we are using now is in the middle of the trading range - between the BUY and SELL zones.
This trading system helps us to identify the global trend and open additional trades. You can see the efficiency of the Greenwich trading system on the chart. The maximum loss is -6%, the maximum profit is +295%.
What does the trading system give us additionally? It identifies market LOWS and HIGHS and shows global trend changes. It helps to open long positions and take profits close to market highs.
The SELL signal will appear in the area of $110-150K. The BUY signal will appear in the area of $20-25K.
For 5 months the trend of Bitcoin was uncertain, but now it has started to change. When will be the next signal? We don`t know, it all depends on the algorithms and data in this indicator. You can see all the results on the chart!
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P.S. Personally, I open an entry if the price shows it according to my strategy. Always do your analysis before making a trade.
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