1) Inverse head and shoulder is emerging.
2) Bullish kumo twist is spotted.
Trade plan:
a) Trade the breakout of neckline OR
b) Long when the candle closes above the kumo cloud (kumo breakout)
c) TP = distance between head and neckline, SL = distance between right shoulder and neck
2) Bullish kumo twist is spotted.
Trade plan:
a) Trade the breakout of neckline OR
b) Long when the candle closes above the kumo cloud (kumo breakout)
c) TP = distance between head and neckline, SL = distance between right shoulder and neck