Ichimoku short setup: SGDCHF

On the daily TF, we have a rejection candle bouncing off the kijun sen. Chikou span is already below the price and we are expecting a bearish kumo twist within the next few days. The tenkan sen is angling downward which suggests long term bearish momentum. On the H1 TF, enter a short trade once prices closes below the support level drawn by the red line.

EP: 0.72120
SL: 0.72390
TP1: 0.71960
TP2: 0.71580

Comment:

Hit TP1.

Order cancelled:

Price hits BE.