August 13, We received an Ichimoku 4 time frame Sell Email alert on HVN-ASX, HARVEY FPO.
Here is the email alert:
We used a break out strategy and the higher time frames are all bearish, this gives a higher probability of a winning trade. We are going to use the 120M time frame to setup the breakout trade.
The entry was 2.20, initial stop of 2.39, preserve mode of 1.99.
The risk is 0.19 and the reward is 0.40 to preserve mode. Reaching to preserve mode, it is a 1:1 reward/risk ratio.
Here is the chart for reference:
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