EURUSD, Wednesday, 02/03/16 @13:20 GMT

SELL@1.0835 SL@1.0902 TP@1.0595 ….OR….

BUY@1.0929 SL@1.0854 (below KUMO on H1 TF) TP@1.1086 (at Median BBAND level on DAILY TF)

Before you SELL, make sure a strong Bearish H1 Candlestick closes below Lower Bollinger Band with Median Bollinger Band making a downward “KNEE”, Upper/Lower BBANDS Edges turned outwards forming a “FUNNEL” , Tenkan Sen (ICHIMOKU Red Line) above price sloping DOWNWARDS and ideally Kijun Sen (ICHIMOKU Blue Line) above Tenkan Sen also sloping Downwards. You also want to see Chikou Span (ICHIMOKU Green Line which is price-action clone shifted in the past), going straight down and leading KUMO Upper and Lower Edges BOTH Sloping DOWNWARDS with Stochastics going DOWN too.

Before you BUY, make sure Tenkan Sen, Kijun Sen and Chikou Span are above the KUMO going straight UP.

Monitor the pair from H1 Time-Frame.

View VIDEO for details!

Happy Pips!

Sofia

Leave a Reply

Your email address will not be published. Required fields are marked *