Tactical_Trading_Signals

Chikou Span Breakout: Long CADSGD (H1)

Long
OANDA:CADSGD   CAD/SGD
Daily Chart: Bullish
H4 Chart: Bullish

H1 Chart:
Price is ranging as depicted by the yellow box.
Bullish Tenkan-Kijun cross but both are flat. Even the Senkou Span A and B are both flat.

However,
1) Chikou span breaks out of the range
2) Chikou span > Price
3) SL is placed at the lows of the yellow box or fractal levels.
Trade closed: stop reached