Ladies and Gentelman we're here to present you the ultimate trading opportunity !
Chart has allowed us to spot a long position opportunity based on breaking heavy downtrand line and crossing Ichimoku Cloud and MA 50. Recent history has proved us that breaking this downtrand line is crucial for possible upper movement.
Pending buy orders should be placed above Resistance Zone approximetly @0.000103798 with Target around @0.0001195 and Stop loss below 0.382 Fibonacci level @0.00094288
Remember you are solely responsible for your trading and investing decisions.
when shows Green Future cloud this means uptrend but for example right now price 100 Future Cloud up line show 105 down line show 95
this means price in future can be maximum 105 and minumum can be 95 ? or price will be upside of 105 ??
thanks
MandMTrade
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@ribame4, Hi,
Basically ichimoku cloud can be portrayed as a support zone when price is above it and can make for a great resistance zone when price moves below cloud.I'd recommend you to research some of the tutorials on the topic.Hope it clears some of your doubts.
Cheers !
dmitch696
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where to buy back in if stop loss is hit?
MandMTrade
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@dmitch696, In such case we would have to evaluate situation and modify our position according to the price action.
when shows Green Future cloud this means uptrend but for example right now price 100 Future Cloud up line show 105 down line show 95
this means price in future can be maximum 105 and minumum can be 95 ? or price will be upside of 105 ??
thanks