EIX SP500 7 Timeframe Ichimoku Email Alert for the week ending Apr 21. On Apr 17, 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 Bullish Pull Back Trade on a 30m time frame provided by eSignal. Here is the chart setup:
There is a 60/30/10 iMTF™ Support@80.46, which is also our entry. Initial stop is 80.31. Our target will be the previous pivot High @ 80.91. 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 17 Apr and was took profit on 18 Apr.
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