SELL@1.5490 SL@1.5565 TP@1.5404 (down to 1.5277)

Monitor the pair from H1 Time-Frame. Before you SELL, make sure that :

1. a Bearish candlestick has closed below Lower Bollinger Band.
2. Tenkan Sen is angled Downwards
3. Kijun Sen is sloping Downwards
4. Chikou Span is going Down
5. Median Bollinger Band is curved Downwards
6. Stochastics are going Down.
7. Edge of the leading KUMO is sharp pointing Downwards while its top is slightly curved downwards showing that the body is sloping.
8. Edges of Upper/Lower Bollinger Bands turned outwards forming a FUNNEL

STAY IN while H1 Candlesticks close below Tenkan Sen. EXIT when a Bullish H1 Candlestick closes above Tenkan Sen. Trail your SL a few pips above Kijun Sen Plateaus.

Happy pips!

Sofia

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