Using ICHIMOKU KINKO HYO, monitor the pair from M30 Time-Frame and WAIT for a valid downward correction to happen seeing a bearish candlestick CLOSING below Tenkan Sen (Red Line). Next WAIT for the downward move to finish. BUY after a strong Bullish Candlestick CLOSES above Tenkan Sen with Tenkan Sen going UP. Place your SL below Kijun Sen Plateau and trail it below each new Plateau of Kijun Sen. Take-Profit Target can be placed around 1119.00 or 1120.00 price level below Kijun Sen on DAILY Time-Frame.
Happy pips!
Sofia
Podcast: Play in new window | Download
Subscribe: Apple Podcasts | Android | RSS | More