Japan 225Long
200 EMA Retest: Long JP225USD (H4)
Updated
I took a long trade at the break of 200 EMA (candlestick highlighted in black) last week.
The price has come to retest the 200 EMA again. Look for re-entry opportunity.
Buy conditions:
1) All Ichimoku signs are bullish
2) Wait for price to close above Tenkan with a bullish candle for re-entry
3) SSA is making a new high
4) Chikou span > kumo (indicates mid to long term bullish momentum)
The price has come to retest the 200 EMA again. Look for re-entry opportunity.
Buy conditions:
1) All Ichimoku signs are bullish
2) Wait for price to close above Tenkan with a bullish candle for re-entry
3) SSA is making a new high
4) Chikou span > kumo (indicates mid to long term bullish momentum)
Trade active
Risk free trade. Trailing SL to let profits run.
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