Possible kenkan sen bounce. Keep stop close, in case it fails. Not advice.
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Bounce zone.
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kijun sen is acting as support. if it breaks short back to cloud.
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Wait to see if candle closes below the kijun sen
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Before opening trades in either direction.
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Expect stop hunts before (if) uptrend.
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4hr
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Still bullish
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4hr
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Daily
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We will easily claim this weekly zone again - price has been there before. If trend stays on an upward momentum. Don't rush your entry. Many places to buy in again.
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Be careful at this point
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RSI has turned positive! If the STC crosses the 25, this should be a positive trade. Keep an eye on resistance zones and price structure for pullbacks etc.
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Possible sell zone.
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Pullback at resistance - as stated earlier, buy after we clear this zone, for confirmation of the trend. This could be a quick selloff to fund the real rally or a savage stop hunt.
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Cup and Handle on the 1hr
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bullish pinbar on the weekly
still not closed, could change?
still not closed, could change?
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Perhaps?
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Tenkan Sen and Kijun Sen on the Ichimoku are becoming very wide.
They will need to find equilibrium once again, caution should be exercised.
They will need to find equilibrium once again, caution should be exercised.
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Points in time for change - related to my ichimoku settings.
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If it breaks the last pink line - whoooo....who knows where it'll stop . It has touched that price before!
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Trade closed: target reached