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CapMoore
Oct 26, 2014 5:31 PM

Ichimoku Entry Buy Signal 

British Pound/Canadian DollarFXCM

Description

On weekly tf price close just above the Kijou sen (10 pips)
after previous weeks bullish cross. This supports the bullish
Kumo cloud/Kijou sen cross on daily tf. Trade can be entered
on sunday open with stop below swing low 1,7935 or more
tightly from H4 tf using kijou sen and Kumo cloud as support.
Major target 1,8535. Possible retest of the Kumo cloud at
1,8026 may give a better entry and tighter SL. A close below
the Kijou sen or top of Kumo cloud can also be used for closing
a position with above mentioned protective stop.
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