April 01, 2015 08:39:04 PM EST, We received an Ichimoku 7 time frame SELL Email alert on the EURJPY Currency for the forex market. Here is the email alert:
As you can see we have a 7x time sell but the trade never triggered. Once the email failed I looked for a reversal. When the price broke out of the cloud on the 30m I looked for a bullish set up.
Took the 30m break out. Need a 1:1 reward risk. The entry is 177.41, initial stop is 178.08 and preserve mode is 176.47. Lets take a look at the chart
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