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GBPUSD : Chart Signal posted.
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Happy pips!
Sofia
BUY@1.5705 SL@1.5661 TP@1.5950
Monitor the pair from H1 Time-Frame and before you BUY make sure Tenkan Sen goes UP and Chikou Span has crossed above past price action.
STAY IN while H1 Candlesticks close above Tenkan Sen. EXIT when a Bearish candlestick closes below Tenkan Sen.
Trail your SL a few pips below each new Kijun Sen Plateau.
Happy pips!
Sofia
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WAIT for a Downward Correction on H1 Time-Frame. You must see the following before you BUY:
1. a Bearih H1 Candlestick CLOSE below Tenkan Sen
2. possibly a Downward Move
3. a Strong Bullish H1 Candlestick CLOSE above Tenkan Sen
4. Tenkan Sen sloping UPWARDS <--- If Tenkan Sen is flat, WAIT!
That may happen at 1.5696 price level (this is hypothetical....see the Criteria above)
Place your SL a few pips below Kijun Sen plateau @1.5660 (it may be a bit higher) and trail it a few pips below each new Kijun Sen Plateau.
STAY IN while H1 Candlesticks close above Tenkan Sen. EXIT when a Bearish H1 Candlestick closes below Tenkan Sen.
TP can be placed at 1.5987 just below the Upper Bollinger Band on Weekly TF.
Happy pips!
Sofia
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SELL@1.5490 SL@1.5551 TP@1.5360 (down to 1.5290)
ENTER from M1 Time-Frame following the instructions I give you.
Gradually as price moves lower switch to higher Time-Frames trailing your SL above Kijun Sen Plateaus till you reach M30-H1 TF.
Stay in while H1 Candlesticks close below Tenkan Sen (ICHIMOKU Red Line). EXIT when a bullish candlestick closes above Tenkan Sen.
Happy pips!
Sofia
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BUY@1.5644 SL@1.5606 TP@1.5703 (Better Trail your SL and use STAY IN Criteria instead of TP)
Monitor the pair from M30 TF. If price doesn’t find strong Resistance when it reaches the Lower Border of the KUMO on Weekly, we may have a very strong BULLISH RALLY.
BUY only if you see on M30 TF price making a strong BULLISH KUMO Breakout validated by Chikou Span which must go above past price action and above the KUMO.
Trail your SL a few pips below Kijun Sen and STAY IN while candlesticks close above Tenkan Sen. EXIT when a candlestick CLOSES below Tenkan Sen. BUY again if all LONG ENTRY Criteria are met.
Happy pips!
Sofia
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BUY@1.5642 SL@1.5557 TP@1.5707
Monitor the pair from H4 Time-Frame.
BUY only when a candlestick closes above Tenkan Sen, Tenkan Sen goes UP and Kijun Sen goes UP. If Kijun Sen is FLAT, WAIT!
Happy pips!
Sofia
Podcast: Play in new window | Download
Subscribe: Apple Podcasts | Android | RSS | More
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