SELL IDEA
ENTRY: 0.6710
SL: 0.6760
TP: 0.6570
Price has broken out of the cloud with a Dark Future. We also have bearish fractals pushing out passed the cloud. Kijun is above price, but pretty far away as well.
I set my entry below the S/R level drawn in pink (daily timeframe).
Signs are pointing towards bearish, but we'll have to wait and see.
ENTRY: 0.6710
SL: 0.6760
TP: 0.6570
Price has broken out of the cloud with a Dark Future. We also have bearish fractals pushing out passed the cloud. Kijun is above price, but pretty far away as well.
I set my entry below the S/R level drawn in pink (daily timeframe).
Signs are pointing towards bearish, but we'll have to wait and see.
Trade closed: stop reached:
Price came back to take me out of the trade.
Price did come in contact with Daily Support. I should have taken this into consideration before going short.
I need to refine my edge more. Ichimoku is best for a TRENDING market, but when it's not we must use other tools.
- S/R levels
- Fibs
- Trendlines
- etc.
Price did come in contact with Daily Support. I should have taken this into consideration before going short.
I need to refine my edge more. Ichimoku is best for a TRENDING market, but when it's not we must use other tools.
- S/R levels
- Fibs
- Trendlines
- etc.