Hey guys Let's take a look at UJ. Monthly: Consolidation pattern . Chikou bouncing off kijun support.
Weekly: Macd is crossed up and price is above Tenkan and Kijun Chikou is above price.
Daily: Bullish setup with macd crossed down. In this case, you have to use 4h . If you go to 4h, it is bullish breakout.
So, i am long. There is nice over 3:1 RR here.
I am currently reading Andreas Cleanow's book Following the Trend. It is a good book if you are a trend follower. He is a money manager as well. It's worth reading. Thought to share with you guys.
Thanks man. I do use HA candles and i read all Dan Valcu's books. They are great and simple to use.
TradZ
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Nice FEED and great recommendation BUT I would suggest learning about H.A.(Heikin-Ashi Candles). They assist you to stay with trends ;)
I've bn l0ng since 112.2 by the way ;D
TARGETING 113.2-3
Then will re-enter the following morning to get back in the L0NG as I believe it's set to go above my TARGETS