GBPJPY Trade Plan
GBPJPY - ICHIMOKU CHECKLIST
Weekly
Price vs Kumo: DOWN
Tenkan vs Kijun: DOWN
Chikou vs Kumo, Price vs Kijun: DOWN
Kumo future: DOWN
Candle : Pin bar (strong rejection)
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. Strong rejection in weekly chart. H4, retracement currently ABOVE 61.8% . Wait a bit more until it reach resistance ABOVE 88.6% and look for short trade there. Target RR1:2 or higher.
Weekly
Price vs Kumo: DOWN
Tenkan vs Kijun: DOWN
Chikou vs Kumo, Price vs Kijun: DOWN
Kumo future: DOWN
Candle : Pin bar (strong rejection)
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. Strong rejection in weekly chart. H4, retracement currently ABOVE 61.8% . Wait a bit more until it reach resistance ABOVE 88.6% 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.
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.