July 24, We received an Ichimoku 4 time frame Buy Email alert on 4502-TSE, TAKEDA PHARMACEUTICAL CO, LTD.
Click on the email alert image:
We have chosen with the Daily because it has multi time frame matching support so a pull back strategy was used to limit our risk.
The entry was 6051.47, initial stop of 5991.86, preserve mode of 6260.64.
The risk is 59.61 and the reward is 209.17 to preserve mode. Reaching to preserve mode, it is 3:1 reward/risk ratio.
Click on chart for reference:
EDUCATIONAL USE. Commodity Futures Trading Commission, Forex, Futures, Equity and Options Trading has large potential rewards, but also has large potential risk and may not be suitable for everyone. You must be aware of the risks and be willing to accept them in order to invest in these markets. Do not trade with money you can not afford to lose. This is neither a solicitation nor an offer to Buy/Sell. No representation is being made that any account will or is likely to achieve profits or losses similar to those discussed on this document. The past performance of any trading system or methodology is not necessarily indicative of future results. All information provided on the Blog is for educational purpose.