On June 15th, 2015, we received an Ichimoku 5 time frame buy email alert on LXS.D-CHX, LANXESS AG for the German Stock Market. The email alert is shown below:
In the chart below, the vertical line represents the email alert time. We had a mutli-time frame level at 51.04 which also lined up with our Ichimoku levels. We did a 4hr pullback trade to the KS. Our entry was 51.04, with a stop at 50.48 and target of 53.35. Our initial reward/risk was 4:1.
See chart below for setup…
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