December 04, We received an Ichimoku 5 time frame Buy Email alert on SCG-ASX, SCENTRE STAPLED.
Here is the email alert:
We used a breakout strategy. We are going to use the 240M time frame to setup the breakout trade.
The entry was 4.21, initial stop of 3.97, preserve mode of 4.47.
The risk is 0.24 and the reward is 0.26 to preserve mode. Reaching to preserve mode, it is 1:1 reward/risk ratio.
Here is the chart for reference:
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