Price is at a Weekly Resistance Zone, and has been rejected initially....
With
1) H1 & D1 Stochastics in overbought zones,
2) H1 has a bearish cloud future and
3) H1 Tekan-sen/Kijun-sen bearish cross over
I am looking to short if the Current H1 candle is rejected by the kumo cloud
SL = 54.75 above H4 Tekan-sen
TP1 = 53.75 (around H4 Kijun-sen level)
TP2 = 53.40 (around D1 Kijun-Sen level)
Trade with care, plan your trade and trade with a tested strategy...
All the best, traders
With
1) H1 & D1 Stochastics in overbought zones,
2) H1 has a bearish cloud future and
3) H1 Tekan-sen/Kijun-sen bearish cross over
I am looking to short if the Current H1 candle is rejected by the kumo cloud
SL = 54.75 above H4 Tekan-sen
TP1 = 53.75 (around H4 Kijun-sen level)
TP2 = 53.40 (around D1 Kijun-Sen level)
Trade with care, plan your trade and trade with a tested strategy...
All the best, traders
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