SELL@1.1088 SL@1.1181 TP@1.0905 (down to 1.0785) …OR…
BUY@1.1170 SL@1.1095 TP@1.1296 (up to 1.1514)
Monitor the pair from H1 Time-Frame.
Before you SELL, make sure the following Criteria are ALL met :
1. price closes below last down fractal
2. Tenkan Sen (ICHIMOKU Red Line) slopes Downwards
3. Kijun Sen (ICHIMOKU Blue Line) slopes Downwards
4. Chikou Span (ICHIMOKU Green Line) has crossed below past price action going Downwards
5. The edges of Upper/Lower Bollinger Bands have turned outwards forming a FUNNEL
6. Median Bollinger Band is curved Downwards
7. Stochastics go Down
STAY IN while H1 Candlesticks close below Tenkan Sen. EXIT when a bullish H1 Candlestick closes above Tenkan Sen. Trail your SL a few pips above each new Kijun Sen Plateau.
Before you BUY, make sure ALL the following criteria are met :
1. price closes above Kijun Sen
2. Tenkan Sen has crossed above Kijun Sen sloping UPwards
3. Chickou Span has crossed above past price action going UP
4. Median Bollinger BAND is curved UPwards
5. Edges of Upper/Lower BBands are turned outwards forming a FUNNEL
6. Stochastics go UP
STAY IN while H1 Candlesticks close above Tenkan Sen and EXIT when a Bearish H1 Candlestick closes below it. Trail your SL a few pips below each new Kijun Sen Plateau.