On May 10th, 2016, we received an Ichimoku 3 time frame Buy email alert on TATE-LON, TATE & LYLE for the UK FTSE Stock Market.
The email alert is shown below:
We had a MTF support around the 603 level. This was an aggressive trade because price bounced off the monthly resistance around 618, but the lowers were telling us that it should at least retest the level. Our entry was 603, with a stop at 600 and our target is 614.
See chart below for setup….
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