Bearish Cypher, Over bought on all indicators and multiple TFs, Ichimoku cross on small TF, 5th eliot wave completion. Fib confluence. Good Luck
Comments
stocktrader15
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I will check it out over the weekend. Im not really trying to change my style much. I just notices the only MA i pay attention to any more where the 100 aand 200ma
I have tried ichimoku before but didnt have a good trading stradegy so it didnt work so well. This was years ago. I just use it now to help make it a little easier to see a trend break.
MIchaelTran
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this indicator identifies market bottom, but it also shows you market top,
stocktrader15
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many oscillators do that, how does it work?
MIchaelTran
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I'll pm you the link
MIchaelTran
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you start using ichimoku, I think you should try with CM-WVS V3 indicator to find bottom and top.
I have tried ichimoku before but didnt have a good trading stradegy so it didnt work so well. This was years ago. I just use it now to help make it a little easier to see a trend break.