Yesterday, I posted the Short trade plan of EURJPY, explaining the price was at the top of the Clouds in Ichimoku, and expected the boundary of Clouds would be a strong resistance. But I was wrong. The candle broke the boundary of the Clouds, and it is now floating above the clouds.
Perhaps, the biggest news is, Ichimoku now outputs “3 Biggest Buy Signs”.
I will monitor the prices today, to make sure the candle is still above the clouds until the end of today. If it holds, I will start building the Long trade plans from tomorrow.
YJ Baik – Forex.Today @ Tokyo