June 29, We received an Ichimoku 3 time frame Sell Email alert on SELL AIA-ASX, AUCK AIRPT FPO NZ
Here is the email alert:
We used a pullback strategy on the 240M because there was a multi time frame resistance and also to limit our risk.
The entry was 8.68, initial stop of 8.77, preserve mode of 8.38.
The risk is 0.23 and the reward is 0.24 to preserve mode. Reaching to preserve mode, it is a 3:1 reward/risk ratio.
Here is the chart for reference:
Follow your trading plan and wait for price to come to you to your entry level and never chase the market. Happy Trading!
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