ADBE SP500 7 Timeframe Ichimoku Email Alert for the week ending May 27. On May 23, 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 Breakout trade on a 4h time frame provided by eSignal. Here is the chart setup:
We will need to set the preserve mode at 1:1 reward risk ratio. Entry is 99.17, Initial stop is 94.09 and since ADBE is on an all time high, there is no next resistance level yet. We will have to set our Preserve Mode at 1:1, which is 104.29. At the time of writing, ADBE is at 99.39.
WAT SP500 7 Timeframe Ichimoku Email Alert for the week ending May 27. On May 24, 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 Pull back trade on a 1h time frame provided by eSignal. Here is the chart setup:
As per our trading rule, we will need to set the preserve mode at 3:1 reward risk ratio. This is a 30m/60m/240m iMTF Pullback Trade. Entry is 136.24, Initial stop is 135.70 and our Target at more than 3:1, which is 138.05. At the time of writing, WAT has yet to trigger our Pull back entry level.
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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