Today I found a very solid setup at GBP/USD
. The strong supply in a high volume
entered the market and I saw decreasing volume
on the upward leg. and I used Ichimoku
in this example. The price crossed the cloud, Tenkan sen crossed Kijun sen and Chikou sen is below the cloud. I don't even need to mention that short-mid term trend is bearish
Target set at 1.3075 (140 pips)
RISK is 35 pips. (0.5% from account)
I will hold position max 4 hours ...