Ichimoku setup -> Bullish:
- price above Kumo and Kijun
- Forward Kumo bullish
- Tenkan/Kijun bullish
- Chikou Span is about to cross above past candles. This is what we need for final confirmation, and then price action would also push all average lines pointing up
Heikin-Ashi -> Bullish
EWO -> Bullish
MACD -> Bullish
What else do we need for a leveraged long position? Some momentum gain, which would come with a confirmation close above 362!
(Note: Stop for my initial long position is trailed to 350)
- price above Kumo and Kijun
- Forward Kumo bullish
- Tenkan/Kijun bullish
- Chikou Span is about to cross above past candles. This is what we need for final confirmation, and then price action would also push all average lines pointing up
Heikin-Ashi -> Bullish
EWO -> Bullish
MACD -> Bullish
What else do we need for a leveraged long position? Some momentum gain, which would come with a confirmation close above 362!
(Note: Stop for my initial long position is trailed to 350)