I invite you to review possible signals by using the Ichimoku strategy. Ichimoku traning by me with other free learning materials you can find in our eLearn area. Analysis and transactions I’m doing by using HotForex broker and thanks to this broker I returned to show my Ichimoku. I encourage you to open at least a demo account to see exactly the same.
There was the buy signal yesterday when the price bounced from Kijun line. Unfortunately, the price has dropped, and now may appear some signal again. Now, we should observe the chart. On the daily chart we can see a reflection from the support and it might be a double signal.
At 11:00 we’ve just seen the closed candle, which has spread from our cloud out. This is a valid sell signal and you can consider entering into short transaction. There is also Price Action signal which is pin bar candle. Stop Loss above is 80 pips and take profit is 160 pips.
There is a sell signal on the NZDJPY as well . However, I pointed the Chinkou Span line (yellow) which is not under the price, and therefore it’s not worth the risk.