GBPUSD, 30/07/15 @14:33 GMT

BUY@1.5644 SL@1.5606 TP@1.5703 (Better Trail your SL and use STAY IN Criteria instead of TP)

Monitor the pair from M30 TF. If price doesn’t find strong Resistance when it reaches the Lower Border of the KUMO on Weekly, we may have a very strong BULLISH RALLY.

BUY only if you see on M30 TF price making a strong BULLISH KUMO Breakout validated by Chikou Span which must go above past price action and above the KUMO.

Trail your SL a few pips below Kijun Sen and STAY IN while candlesticks close above Tenkan Sen. EXIT when a candlestick CLOSES below Tenkan Sen. BUY again if all LONG ENTRY Criteria are met.

Happy pips!

Sofia

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