Looking for new reversal candle before long at H4 chart or wait until price stay above Kumo at H1 chart for long entry setup.
H4 chart : Uptrend
H1 chart : Downtrend.
H4 chart : Uptrend
H1 chart : Downtrend.
Note
Still no long entry can be made. Want to wait at uptrend channel (support level) for long entry with tight SL.Note
Updated chart. Look for good long entry setup.Note
Notes:If below kumo, long entry setup is considered a weak entry. Minimum long setup is tenkan sen above kijun sen.
Risk is every where. It's up to us to minimize risk.
Note
Updated H4 chart. Entry point is available to take trade.
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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.