SELL@1.1171 SL@1.1242 TP@1.1107 (down to 1.0832) <=== Price Levels are Indicative
Monitor the pair from H4 Time-Frame.
Before you SELL make sure that :
1. A Bearish H4 Candlestick has closed below Median Bollinger Band
2. Tenkan Sen (ICHIMOKU Red Line) is sloping DOWN
3. Kijun Sen (ICHIMOKU Blue Line) is sloping DOWN
4. Median Bollinger Band is slightly curved DOWNwards
5. Chikou Span (CHIMOKU Green Line moving in the past) has crossed below past price action and below past KUMO
6. Stochastics go DOWN
7. The Upper (Senkou Span A) and the Lower Border (Senkou Span B) of the leading KUMO are converging or we have a bearish Senkou Span A/B Cross giving birth to a Bearish KUMO
STAY IN while H4 Candlesticks close below Tenkan Sen.
EXIT when a Bullish H4 Candlestick closes above Tenkan Sen.
TRAIL your SL 20pips above each new Kijun Sen Plateau, after price closes below the Lower Bollinger Band on H4 TF having escaped the RANGE of ZIG ZAG Action.