Long trade setup
Entry
The signal line should reach below the zero level. It indicates the bears are losing strength, and the bulls will soon come into action.
Take-profit
Set take-profit at a recent high from the entry point, or exit the trade when the Bull-Bear Power indicator reaches the top level.
Stop-loss
Place a stop-loss at the recent low from the entry point.
Example:
The chart below shows that when the Bull-Bear Power reached below the zero level, it presented a long entry point.
Long trade setup
Short trade setup
Entry
The signal line should reach above the zero level. It indicates the bulls are losing strength, and the bears will soon come into action.
Take-profit
Set take-profit at a recent low from the entry point, or exit the trade when the Bull-Bear Power indicator reaches below the zero level.
Stop-loss
Place a stop-loss at the recent high from the entry point.
Example:
The chart below shows that when the Bull-Bear Power reached above the zero level, it presented a short entry point.
Short trade setup
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