EURJPY Trade Plan

EURJPY - ICHIMOKU CHECKLIST

Weekly
Price vs Kumo: DOWN
Tenkan vs Kijun: DOWN
Chikou vs Kumo, Price vs Kijun: DOWN
Kumo future: DOWN

Daily
Price vs Kumo: DOWN
Tenkan vs Kijun: DOWN
Chikou vs Kumo, Price vs Kijun: DOWN
Kumo future: DOWN

H4
Price vs Kumo: DOWN
Tenkan vs Kijun: UP
Chikou vs Kumo, Price vs Kijun: MIXED
Kumo future: DOWN

Trade Plan: Weekly & Daily in DOWN trend. Retracement currently BELOW 50.0%. Wait a bit more until it reach resistance NEAR 61.8% and look for short trade there. Target RR1:2 or higher.