1. Trend is up and the reversal point is the BO Sell
2. The momentum is very weak as shown by the separation between the Tenkan Sen and the Kijun Sen
3. Look for a buy position within the Kumo targeting 1.12834
4. If price breaks below 1.10695 sell to 1.09606
2. The momentum is very weak as shown by the separation between the Tenkan Sen and the Kijun Sen
3. Look for a buy position within the Kumo targeting 1.12834
4. If price breaks below 1.10695 sell to 1.09606
Note
If you have entered long please adjust your stop loss to 1.11270That price is a stop and reverse point .. so a sell position can be opened in the sell direction as well
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.