Bullish Kumo Breakout:
1) Price closed above kumo.
2) Price > Kijun
3) Bullish kumo twist
4) Chikou span > price
Entry: Buy at the close of the breakout candle.
Stop loss: Below the Kijun
Take profit: Candle closes below Kijun.
1) Price closed above kumo.
2) Price > Kijun
3) Bullish kumo twist
4) Chikou span > price
Entry: Buy at the close of the breakout candle.
Stop loss: Below the Kijun
Take profit: Candle closes below Kijun.
Trade closed: stop reached
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.