CADJPY
BUY STOP @ 78.50
TAKE PROFIT @ 81.60
STOP LOSS @ 77.00
USDCHF
BUY STOP @ .9520
TAKE PROFIT @ .9635
STOP LOSS @ .9440
These trade calls are for training purposes.
Step #1 Wait for the Price to Break and close below the Ichimoku Cloud
Ichimoku cloud trading requires for the price to trade below the Cloud because that’s a bearish signal and potentially the beginning of a new down-trend.
The cloud is built to highlight support and resistance levels and it’s supposed to highlight several layers deep because support and...