Confluence :
1. Conversion line above Base line indicating for bullish direction.
2. Price touch Base Line
3. 50% Retracement co-inside with base line.
4. Cloud is also a support along with Base line.
Overall since ichimoku is bullish crossover recently, I went into this trade.
1. Conversion line above Base line indicating for bullish direction.
2. Price touch Base Line
3. 50% Retracement co-inside with base line.
4. Cloud is also a support along with Base line.
Overall since ichimoku is bullish crossover recently, I went into this trade.
Trade closed: target reached
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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.