H4 is also bearish but it has enough room to go up to the UML. So D1 and H4 are aligned
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H1 is currently bullish. It turned bullish during NFP. Again, this is perfect because it is the first bullish leg and the retracement is already quite deep. SO if we are llucky, we can ride this to the UML on D1 which again is perfect for us and which fits perfectly into our plans
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When this chart was made, it was crazy to go long... What about now? what do you think is going to happen?
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VERY IMPORTANT TO KNOW... **If you see me talking about a weekly chart, expect that i will connect it to an H4 chart sometime ** If you see me talking about a daily chart, expect that I will connect it to an H1 chart sometime
H1 and H4 on the other hand do not have to connect to the higher TF
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TradeHuntFx
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I am going to wait to see how the price reacts at the KS on the daily (60 pips away from KS)...if a rejection we can short but if we break through then we can go long and target the kumo cloud
Ichimoku_Trader
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good strategy
narcalen
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soething like this
Ichimoku_Trader
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next we should expect a deep retrace
then acceleration to the upside and reaching UML
Divergence showing on your chart...
narcalen
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This pair is going crazy, so imo, is better and safe wait for a BO, in one or other direction, 1 or 3 because the triangle are narrowing
Ichimoku_Trader
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don't trade it down...
this is only a long as of now
Ichimoku_Trader
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also, expect a deep retrace that will break structure but then go long again