Daily Chart: Bearish
H4 Chart: Bearish
H1 Chart: Re-entry opportunity
1) Tenkan, Kijun, Senkou span A and B are all pointing downward, with Tenkan and Kijun showing some separation.
2) Chikou span is 'open'.
3) In 1 hr's time, if the price closes as it is now, it will constitute a fractal break on H4.
4) SL at recent fractal level.
5) Trailing SL based on ATR or exit position based on Ichimoku strategies.
H4 Chart: Bearish
H1 Chart: Re-entry opportunity
1) Tenkan, Kijun, Senkou span A and B are all pointing downward, with Tenkan and Kijun showing some separation.
2) Chikou span is 'open'.
3) In 1 hr's time, if the price closes as it is now, it will constitute a fractal break on H4.
4) SL at recent fractal level.
5) Trailing SL based on ATR or exit position based on Ichimoku strategies.
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.