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.
As per yesterday GU trading recommendation, the status of recommendation still remain but today GU forming a triangle pattern (sideway) at 1H TF. GU may want to test 1.6173.
Trade Idea :
Short Entry : 1.6270
Target Profit : 1.6173
Stop Loss : 1.6327
Not bad suggestion on GU.
ReplyDeleteKeep it up.
If we can have patience to stay trading at longer time frame, our heart bit less fluctuate. Our decision more precise.
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