EURJPY Trade Plan

72
EURJPY - ICHIMOKU CHECKLIST

Weekly
Price vs Kumo: DOWN
Tenkan vs Kijun: DOWN
Chikou vs Kumo, Price vs Kijun: DOWN
Kumo future: DOWN

Daily
Price vs Kumo: DOWN
Tenkan vs Kijun: DOWN
Chikou vs Kumo, Price vs Kijun: DOWN
Kumo future: DOWN

H4
Price vs Kumo: DOWN
Tenkan vs Kijun: UP
Chikou vs Kumo, Price vs Kijun: MIXED
Kumo future: DOWN

Trade Plan: Weekly & Daily in DOWN trend. Retracement currently BELOW 50.0%. Wait a bit more until it reach resistance NEAR 61.8% and look for short trade there. Target RR1:2 or higher.

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.