IMS Spots for me an upcoming GOLD bullrun?
Updated
On 24 December my IMS Advanced noticed me an interesting bullish setup on GOLD: Kumo Breakout on Daily chart.
I waited for a confirmation candle and now we are probably going for a bullrun.
Also we can notice that the Kumo Breakout correspond to the top of the channel, another important confirmation of this trend.
This custom indicator can easly read any Ichimoku signal and display istantly in the dedicated infopanel.
You can also see that prices closed above the flat Senkou Span B, this is another important confirmation for the bullrun.
In first instance we can aim for the previuos top and set a really good trade with a stop lost below the Senkou B. Nice Risk Reward ratio in a nice trade setup.
I waited for a confirmation candle and now we are probably going for a bullrun.
Also we can notice that the Kumo Breakout correspond to the top of the channel, another important confirmation of this trend.
This custom indicator can easly read any Ichimoku signal and display istantly in the dedicated infopanel.
You can also see that prices closed above the flat Senkou Span B, this is another important confirmation for the bullrun.
In first instance we can aim for the previuos top and set a really good trade with a stop lost below the Senkou B. Nice Risk Reward ratio in a nice trade setup.
Note
My IMS Advanced spotted a really nice Bullrun. Since signal candle in the circle we achieved a nice profit.
Any information about is in my signature.
Related publications
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.