SELL@119.85 SL@120.28 TP@116.63

Monitor the pair from H4 Time-Frame.

SELL@119.85 SL@120.28 TP@116.63

Before you SELL, make sure that:

1. a bearish H4 Candlestick has closed below Kijun Sen (ICHIMOKU Blue Line),
2. Tenkan Sen (ICHIMOKU Red Line) crosses below Kijun Sen going Down
3. Kijun Sen is sloping Downwards -it will first angle up and then snap down-
4. Chikou Span (ICHIMOKU Green Line) has crossed below past price action going Down

This is going to be a BIG MOVE so be tolerant to spikes and fluctuations on smaller Time-Frames and just IGNORE THEM.

If you are conservative, 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 Kijun Sen Plateaus.

Happy pips!

Sofia

Podcast: Play in new window | Download

Subscribe: Apple Podcasts | Android | RSS | More