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Ichimoku_Hokage_Ninja
Dec 18, 2018 2:33 PM

Ichimoku short setup Short

SGD/CHFOANDA

Description

On the daily TF, price is making a lower high and a lower low. We have a rejection candle off the daily kijun and we have our entry confirmation from %R. We are expecting a bearish kumo twist in the next few days which could add further confirmation to our short trade. Furthermore, daily tenkan is currently pointing downward which suggests short term bearish momentum.

Trade closed manually

Consolidation stage.
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