Here is a trade of the NZDJPY on the 4 hour time frame using the Ichimoku Kinko Hyo.
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if price action is buried under the cloud, and the candle rises above the TK cross, then you have an excellent entry because you still have a long way to go to hit the cloud with the TK acting as support. Another thing you want to watch is the positioning of the tenken and kijun with respect to the cloud. If the tenken and kijun are buried underneath the cloud, while the candle is close to the top, then most likely, that market is reversing, we have an excellent entry to ride back to the cloud
souldrop1000 2 months ago
I can't wait to check my email everyday to see if you have posted another video. I learn something new everytime I watch one. Thank You alot keep posting videos
mindrogue59 3 months ago