Ichimoku Kinko Hyo is a purpose-built trend trading charting system that has been successfully used in nearly every tradeable market. It is unique in many ways, but its primary strength is its use of multiple data points to give the trader a deeper, more comprehensive view into price action. This deeper view, and the fact that Ichimoku is a very visual system, enables the trader to quickly discern and filter "at a glance" the low-probability trading setups from those of higher probability.
Trade Idea:
Wait for retracement until EU come close to lower uptrend channel and review Ichimoku situation during that time at lower TF. For Contrarian trader, A short can be taken as SL can be little bit above previous peak.
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