GBPNZD Forex / Currency 6 Timeframe Ichimoku Email Alert for the week ending May 27. On May 25, we received an 6 and also 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 at a pull back trade on a 1hr time frame provided by ThinkorSwim. Here is the chart setup:
GBPNZD: Price did not pull back to the MTF, so my rules tell me sentiment is strong, place break out. There is a good reward risk on the 30m that gives me a 1:1 so I’ll take the trade. Risk is already decreasing because the Kijen-sn is moving up.
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