Ichimoku Analysis .. Feb 8, 2015

FX:EURUSD   Euro / U.S. Dollar
457 2 13
1. Trend is up and the reversal point is the BO Sell
2. The momentum is very weak as shown by the separation between the Tenkan Sen and the Kijun Sen
3. Look for a buy position within the Kumo targeting 1.12834
4. If price breaks below 1.10695 sell to 1.09606
Comment: If you have entered long please adjust your stop loss to 1.11270
That price is a stop and reverse point .. so a sell position can be opened in the sell direction as well
Thank you for your comment
Please feel free to ask about anything you need
BO = break out
Thank you, I just start learning the ichimoku, your chart look nice!
one question, what is BO sell ?
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