What's up guys! Today I'm sharing a new alert we've got on EOS crypto coin!
The coin still in range but we've got a beautiful kumo breakout which is a perfect Ichimoku Cloud set up! Please be aware breakout can always be false so make sure to set a proper stop loss and manage risk accordingly. I'm just here sharing whenever I see a breakout set up I like!
All good for now! I've set target profits on D1 but you can do the same for lower timeframes on H4 and H1 accordingly.
Happy trading, stay shiny ðĨ
The coin still in range but we've got a beautiful kumo breakout which is a perfect Ichimoku Cloud set up! Please be aware breakout can always be false so make sure to set a proper stop loss and manage risk accordingly. I'm just here sharing whenever I see a breakout set up I like!
- D1: Ichimoku Cloud Breakout from bottom to top piercing through. Extremely tight stop loss on D1 which makes it very attractive to enter! All lines pointing upwards!
- H4: Series of HH and HL coming into resistance, you can wait for price to break 1.221 to enter or set it as target if you will.
- H1: It's creating a bullish pattern about to breakout even ATR is silent about to breakout strongly at any moment!
All good for now! I've set target profits on D1 but you can do the same for lower timeframes on H4 and H1 accordingly.
Happy trading, stay shiny ðĨ