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.
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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