A nice setup to learn...

FX:EURUSD   Euro / U.S. Dollar
2501 48 65
Comment: We are now inside an up moving kumo and at the weekly pivot point.
That is very strong support

So if we break those and go down to those levels we talked about, I expect a big big party
So you better be there
Comment: Kumo .. broken
Critical level .. broken

Pending to be broken..
CS close below the kumo
Price to break the lower median line

Then we are clear...
hello Ichimoku_trader. what is the median line that you call in the chart??

It is part of the pitchfork which i have drawn on my chart
+1 Reply
araguaney Ichimoku_Trader
oh ok, i dont know how to use the pithfork really, have to check it out, thank u for your response.
I am with you guys waiting on the chop to stop and EUR to drop!!!
rapping it I see..

Thanks for sharing.
where would you stop the trade, at the hi of the current day? thx in advance.
If you mean with a stop loss then you should start by placing it at today's high. Tomorrow will be another day and we will adjust for sure

Usually our stops are only for disasters unless we expect it is the end of the trend

Good luck
BidAsk Ichimoku_Trader
great, tks again
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