Potential cloud Breakout The Monthly direction is down Pair is in the Sell zone on the Daily and is at major resistance levels
Since this trade is several hours away from a set-up I can not provide specific order details
That said there is 2 ways to enter this trade:
First, on a 60 min close below the Daily Kejun Sen (blue line)
Second would be a cloud breakout satisfying all the criteria; 1) a Cloud breakout 2) A TK cross 3) The Chikou is below price 4. A future Kumo twist ** Also the close of the breakout candle must close below the Daily Kejun Sen
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Unfortunately, Although EUR is weak so is JPY and although JPY is slightly stronger then EUR, it is more likely that this pair will be in a range today then breakout.