Our indicator got us in long, then short, and is now looking for a long trade again. Trade is not entered yet, let's see if the setup will activate a trade...
For more information on the ZenTrend Follower indicator please see below:
Trade not triggered yet. Price action looks weak, but our CMF and proprietary strength indicator are still showing bullish signs (resp.: above 0 and above 50). The Zen-TRend indicator still deems the setup active, and has moved the breakout level down. Let's see if the oscillators remain bullish and we break out trigger level..
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setup did not get triggered, but a later setup did, at better prices!