$UK Stock Market Trade of the Week $PSON-LON 6 time frame buy opportunity. On June 9 we received a 6 Timeframe Ichimoku Buy Email alert for PSON-LON, Pearson Ltd. Here is the email alert received.
Our trading plan allows us to trade Strategy #4. We chose the trade the 60 minute timeframe. Below is the chart provided by Esignal.
When the setup occurred we had IMTF™ support at 712.346 which matched with the KS we therefore setup a pullback trade at this value with a target value of 724.56 giving us a reward/risk ratio of close to 5:1. We entered the trade shortly after, and we are still in the trade. Here is the result so far.
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