SELL@1.1114 SL@1.1217 TP@1.1015 (down to 1.0952) …OR…
BUY@1.1222 SL@1.1120 TP@1.1332
Monitor the pair from H4 Time-Frame.
Before you SELL, make sure the following criteria are ALL met. If ONE is missing, STAY OUT and WAIT!
1. Price has closed below Lower Bollinger Band
2. Tenkan Sen is angled Downwards having crossed below Kijun Sen.
3. Kijun Sen slopes Downward.
4. Chikou Span goes straight down.
5. Median Bollinger Band is slightly curved Downwards
6. The Edges of the Upper/Lower Bollinger Bands are turned outwards forming a FUNNEL.
7. Stochastics go Down.
Before you BUY, make sure the following criteria are ALL met. If ONE is missing, STAY OUT and WAIT!
1. Price has closed above Upper Bollinger Band
2. Tenkan Sen is angled Upwards.
3. Kijun Sen slopes UPwards.
4. Chikou Span has crossed above past price action going UP..
5. Median Bollinger Band is slightly curved UPwards
6. The Edges of the Upper/Lower Bollinger Bands are turned outwards forming a FUNNEL.
7. Stochastics go Up.
Happy pips!
Sofia
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