SELL@1.1345 SL@1.1386 TP@1.1297 (down to 1.1240 or even 1.1214)

FOLLOW THE CRITERIA

…OR… BUY@1.1396 SL@1.1350 TP@1.1709

FOLLOW THE CRITERIA

Monitor the pair from H1 Time-Frame.

Before you SELL make sure that :

1. A Bearish H1 Candlestick closes below Kijun Sen and the Lower Bollinger Band.
2. Tenkan Sen (ICHIMOKU Red Line) crosses below Kijun Sen sloping DOWNwards
3. Kijun Sen (ICHIMOKU Blue Line) slopes DOWNwards
4. Chikou Span (ICHIMOKU Green Line moving in the past) has crossed below past price action going straight DOWN
5. Stochastics go DOWN
6. Median BBAND is curved DOWNwards forming a “KNEE”
7. The edges of Upper/Lower BBands are turned outwards forming a FUNNEL
8. The upper and lower borders of the leading KUMO are converging (getting close to each other)

STAY IN while H1 Candlesticks close below TS. EXIT when a bullish H1 Candlestick closes above TS. Trail your SL a few pips above each new KS Plateau. If you’re stopped out, RE-ENTER after a Bearish H1 Candlestick closes below Tenkan Sen and Kijun Sen with BOTH lines sloping DOWN.

Before you BUY make sure that :

1. A Bullish H1 Candlestick closes at the level of the last UP Spike.
2. Tenkan Sen (ICHIMOKU Red Line) is sloping UPwards
3. Kijun Sen (ICHIMOKU Blue Line) slopes UPwards
4. Chikou Span (ICHIMOKU Green Line moving in the past) is going straight UP
5. Stochastics go UP
6. Median BBAND is curved UPwards preferably forming a “KNEE”
7. The edges of Upper/Lower BBands are turned outwards forming a FUNNEL
8. The upper and lower borders of the leading KUMO are sloping UPwards

STAY IN while H1 Candlesticks close above TS. EXIT when a bearish H1 Candlestick closes below TS. Trail your SL a few pips below each new KS Plateau. If you’re stopped out, RE-ENTER after a Bullish H1 Candlestick closes above Tenkan Sen and Kijun Sen with BOTH lines sloping UP.

I think BEARISH SCENARIO is more possible for now.

Happy pips!

Sofia

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