Daily chart: Bullish
H4 Chart: Bullish
H1 Chart:
1) Price > Kumo and Kijun
2) Doji candle formed just above Kijun (I would prefer a doji with long wicks, though)
3) Buy stop order a few pips above the high of the doji
4) Stop loss a few pips below the low of the doji or nearest fractal
5) Take profit at the recent swing high or when candle closes below the Kijun
H4 Chart: Bullish
H1 Chart:
1) Price > Kumo and Kijun
2) Doji candle formed just above Kijun (I would prefer a doji with long wicks, though)
3) Buy stop order a few pips above the high of the doji
4) Stop loss a few pips below the low of the doji or nearest fractal
5) Take profit at the recent swing high or when candle closes below the Kijun
Trade closed: stop reached
Hit SL.
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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.