Price bounced from the uptrend line and started up movement. RSI confirmed price reversal and we had to wait for a trading signal from Ichimoku indicator. When a bullsih candle made a new high above the kumo, we got a possible entry level for long trades. But if you skipped this buy signal, you should wait for a retracement to 144.500-144.250 levels and buy from the market. Stop orders for long trades must be below 141.500 level. Profit target can be at 148.00 - it's the strong resistance level. Also you can search for possible buy signals on lower timeframes.
do you think it will try on the 148 level again? pass it or not?
UnknownUnicorn1040545
⋅
Ok A little late in at 145.4 but I'll grab a little movement. Probably going to jump out at 147.6. we'll see how it looks at the strong resistance of 148. as you mentioned..thanks :)
ChristopheBegin
⋅
I approve, you can clearly see this on the weekly chart