AndrewKeene
Short

Short Signal in EUR/USD

FX:EURUSD   Euro Fx/U.S. Dollar
209 0 1
My Favorite Technical Indicator in the Ichimoku Cloud otherwise known as "The Cloud" or "Ichimoku." This indicator is a free plug-in on TradingView, but a trader must know which timeframe to use for the indicator. The Ichimoku works best on the 4 Hour bar for Forex and today we see a Great Signal for a Mild Pullback trader who likes to trade with the trend. Lets breakdown the trade:

Short EUR/USD             at 1.378 at Noon CST on the Close of the Bar
STOP LOSS: 1.3835

Target #1: 50% of the Stop: 1.3752
Target #2: 100% of the Stop: 1.372
Target #3: 150% of the Stop: 1.369
Target #4: 200% of the Stop: 1.3656

Once I hit Target #2, if I want, I can move my stop to breakeven.
Ideas Scripts Chart
United States
United Kingdom
India
España
Italia
Brasil
Россия
Türkiye
日本
한국
Home Stock Screener Economic Calendar How It Works Chart Features House Rules Moderators For the WEB Widgets Stock Charting Library Priority Support Feature Request Blog & News FAQ Help & Wiki Twitter
Private Messages Chat Ideas Published Followers Following Priority Support Public Profile Profile Settings Billing Sign Out