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.
GJ is above Kumo and we believe GJ will continue bullish. We already set our 1st and 2nd target. GJ also in 'Cup with Handle' pattern. A reliable pattern. Let's see how GJ doing next week.
24/9/2012; GJ made a new higher high on daily chart at 128.81. Let's find out a new higher low. 2nd target price is cancelled for this chart as GJ making new pattern. A new chart will be shown in new analysis tomorrow.
great blog! good luck with GJ :-)
ReplyDelete1st target already achieved. Let's see whether GJ will move toward 2nd target.
ReplyDeleteNext new Higher higher and higher low to be monitored and reviewed to confirm our next target can be achieved or not.
24/9/2012; GJ made a new higher high on daily chart at 128.81. Let's find out a new higher low. 2nd target price is cancelled for this chart as GJ making new pattern.
ReplyDeleteA new chart will be shown in new analysis tomorrow.