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Ichimoku_Trader
23. Jul. 2016 12:29

The 3 Islands (cont...) Short

Crude Oil (WTI)FXCM

Beschreibung

Gray charts are weekly trades. That means that they are independent of other charts that I publish. So do not be alarmed if I am short on the weekly trade and long on the daily or monthly. That is absolutely normal
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Kommentar

If we break the lows decisively, maybe we will get some acceleration. When TS&KS slant at a steep angle together, it is a dangerous sign...
Kommentare
soniashok1124
I trusted
Ichimoku_Trader
This is not a trade. It is an idea.
Thank you for the trust
rist
you already in or you going to look for entries sunday?
Ichimoku_Trader
I don't trade it..
But I'll let you know when i think it is tradable
ma.sanjuy
pardon my ignorancy... pl advise what is TS and KS ?
Ichimoku_Trader
The orange and blue lines
ma.sanjuy
tks for yr response... in yr opinion, is the price likely to break $43 - $42 range ??? if so, by when ??? if not, do you think - it could be worth going long now?
Ichimoku_Trader
Yes I think it will break those levels.
When .. No one can say but I am referring to the current move. So not too far away
Would I trade it long. Yes but only after the trend flips to bullish but to enter before that is not a good idea. Currently, everything is bearish
AvinashMudaliar
When you say Break of support. How do you define it ? What you look at in order to confirm it has broken the support ?
Ichimoku_Trader
For me support and resistance is an area not a line. In this case, it is the island. So you would have to pass the island decisively with momentum to consider that you broke the support. Off course this is not generic. Meaning that there are some S&R lines that once broken will trigger a move

So it's not that simple really
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