- Chart Setting
Renko chart / Traditional / 0.5 box size (=historical high * 0.01)
Ichmoku Cloud (Default Setting)
RSI (14)
- Position : LONG
- Reason
1. Lagging span of Ichmoku broke down trend resistance( price line & Ichmoku cloud )
(It has not been broken since 2012)
2. Higher Low was made ( double bottom )
3. Price also broke Ichmoku cloud
4. Ichmoku cloud is green
5. TradeWar getting worse
- Risk Management
EXIT IF 1 RED BRICK IS MADE & LOOSING MONEY
- Target
1. Consider selling 1/2 if price touch Target1 or Target2. Correction could be occur.
2. Sell if price block break conversion line
OR
Buying after watching correction wave is recommended!