EURGBP H4 Ichimoku trade set up
Updated
Hey traders, hope you're all well and spent a good week end.
For the week ahead I will keep an eye on this ichimoku trade set up. You can see on the chart that the price violated the previous structure resistance (The orange Box), we can expect the price continuing higher.
I will look to enter at a KJ retest (white line).
Target : previous high candle close (green line)
SL : 78,6% fib (red line)
Extended target 127,2 % fib ext with trailing stop.
For the week ahead I will keep an eye on this ichimoku trade set up. You can see on the chart that the price violated the previous structure resistance (The orange Box), we can expect the price continuing higher.
I will look to enter at a KJ retest (white line).
Target : previous high candle close (green line)
SL : 78,6% fib (red line)
Extended target 127,2 % fib ext with trailing stop.
Trade active
Stop moved to BE target of the trade almost hit (<10 pips). The trade idea was a bit modified as the first swing which define the target moved up.
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