BUY@1.1424 SL@1.1326 TP@1.1861 …OR…
SELL@1.1294 SL@1.1416 TP@1.1139
Monitor the pair from H1 Time-Frame.
Before you BUY make sure ALL the following Criteria are met. If ONE is missing, STAY OUT.
1. Price has closed above the Upper Bollinger Band and above Kijun Sen (ICHIMOKU Blue Line)
2. Tenkan Sen (ICHIMOKU Red Line) has crossed above Kijun Sen
3. Chikou Span (ICHIMOKU Green Line) has crossed above past price action going Up.
4. Median Bollinger Band is slightly curved Upwards.
5. Stochastics go Up.
Check the trade every 1 Hour when a candlestick closes because Open Candlesticks are INVALID and you can’t base your Trading Decisions on them. STAY IN Long while H1 Candlesticks close above Tenkan Sen (ICH Red Line) and EXIT when a Bearish H1 Candlestick closes below Tenkan Sen. Trail your SL a few pips (10-20) below Kijun Sen Plateaus.
Before you SELL make sure ALL the following Criteria are met. If ONE is missing, STAY OUT.
1. Price has closed below the Lower Bollinger Band.
2. Tenkan Sen (ICH Red Line) is angled/curved Downwards
3. Kijun Sen (ICH Blue Line) is sloping Downwards
4. Chikou Span (ICH Green Line) goes straight Down
5. Median Bollinger Band goes straight Down
6. Stochastics go Down.
Check the trade every 1 Hour when a candlestick closes. STAY IN Short while H1 Candlesticks close below Tenkan Sen (ICH Red Line). EXIT when a Bullish H1 Candlestick closes above Tenkan Sen. Trail your SL a few pips (10-20) above Kijun Sen (ICH Blue Line) Plateaus.