Renko showing us some nice price action around the kumo, and giving us an opportunity to long on the swing break.
- We've got a Kumo breakout
- And and OBV that looks like it has bottomed out.
You could trade this 2 ways:
- A stopbuy order above the wick on the left Heikin ashi chart.
- A market long once a renko brick prints above the last local swing high.
Happy trading.
- We've got a Kumo breakout
- And and OBV that looks like it has bottomed out.
You could trade this 2 ways:
- A stopbuy order above the wick on the left Heikin ashi chart.
- A market long once a renko brick prints above the last local swing high.
Happy trading.
Trade closed: stop reached