SELL@1.1298 SL@1.1372 TP@1.1150 <----- Prices are INDICATIVE! FOLLOW THE CRITERIA!
…….OR……..
BUY@1.1415 SL@1.1346 TP@1.1494 (up to 1.1707) <----- Prices are INDICATIVE! FOLLOW THE CRITERIA!
Monitor the pair from H4 Time-Frame.
Before you SELL, make sure that :
1. A Bearish H4 Candlestick has closed below the KUMO
2. Median Bollinger Band is going straight down
3. Tenkan Sen (ICHIMOKU Red Line) is sloping DOWN
4. Kijun Sen (ICHIMOKU Blue Line) is sloping DOWN
5. Chikou Span (ICHIMOKU Green Line) goes straight DOWN below past Price Action, past Tenkan Sen and Past Kijun Sen
6. Stochastics go DOWN
7. The Edge of the leading KUMO shows bearish momentum increasing. We want to see a newborn Bearish KUMO with lower border sharp pointing Downwards and Upper Border curved or sloping DOWNwards.
STAY IN while H4 Candlesticks close below Tenkan Sen.
EXIT when a bullish H4 candlestick closes above Tenkan Sen. RE-ENTER when a Bearish H4 Candlestick closes below BOTH Tenkan Sen and Kijun Sen with BOTH Lines sloping DOWNwards.
TRAIL your SL a few pips (15-20) above each new Kijun Sen Plateau (FLAT Level).
Before you BUY, make sure that :
1. A Bullish H4 Candlestick has closed above the UPPER Bollinger Band
2. Median Bollinger Band is going straight UP
3. Tenkan Sen (ICHIMOKU Red Line) has crossed above Kijun Sen (ICHIMOKU Blue Line) and is sloping UP
4. Kijun Sen (ICHIMOKU Blue Line) is sloping UP
5. Chikou Span (ICHIMOKU Green Line) goes straight UP, above past Price Action.
6. Stochastics go UP
7. The Edge of the leading KUMO shows bullish momentum increasing. We want to see a “Flying” KUMO with ts body sloping because both lower and upper border are sloping UP.
STAY IN while H4 Candlesticks close above Tenkan Sen.
EXIT when a bearish H4 candlestick closes below Tenkan Sen. RE-ENTER when a Bullish H4 Candlestick closes above BOTH Tenkan Sen and Kijun Sen with BOTH Lines sloping UPwards.
TRAIL your SL a few pips (15-20) below each new Kijun Sen Plateau (FLAT Level).
Happy pips!
Sofia