GBPUSD, 04/09/15 @14:47 GMT

SELL@1.5254 SL@1.5356 TP@1.4608

Monitor the pair from H4 Time-Frame.

WAIT for an UPward corrective move to happen. It will be valid if a bullish H4 Candlestick closes above Tenkan Sen (ICHIMOKU Red Line). Then let the price exhaust its Bullish momentum. When it reverses going down again, SELL after you see a Bearish H4 Candlestick closing below Tenkan Sen and Tenkan Sen -ideally Kijun Sen too- going DOWN. Chikou Span must have crossed below past price action too, going DOWN.

STAY IN while H4 Candlesticks close below Tenkan Sen. EXIT when a Bullish H4 Candlestick closes above Tenkan Sen. Trail your SL a few pips above each new Kijun Sen Plateau.

Happy pips!


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