ABC SP500 7 Timeframe Ichimoku Email Alert for the week ending Oct 28. On Oct 26, we received a 7 time frame Ichimoku Multiple time frame email alert at www.ichimokutrade.com. Here is the email alert:
Based on the 3 Step Trading Plan published earlier. (https://www.ichimokutrade.com/c/?p=10431), we looked at a iMTF Bearish Pull Back Trade on a 30m time frame provided by eSignal. Here is the chart setup:
There is a 120/60/30/10 iMTF Resistance@79.83, which is also our entry. Initial stop is 78.03. Our target will be the pivot low @ 79.10. Now, the reward risk ratio was a 3:1, hence we decide to take the trade as it did fit our trade plan. The trade has been triggered on the 27 Oct. It reached our target on 28 Oct.
If you would like to learn how to trade like an institutional trader or learn more about our multi-timeframe email alerts, go to www.ichimokutrade.com or email us at info@eiicapital.com
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