Price had been trending lower in the early US session, below the kumo cloud.
Waited till after 0830h before placing the order.
1. The tenkan-sen was below the jikun-sen, and the price traded below the tenkan-sen. Placed a stop in order below the low of the price. It was triggered soon after.
2. Price continued to trade lower. Placed a limit order, it was not done, cancelled it thereafter.
3. Tenkan-sen cut above the jikun-sen, first signal of a possible reversal. When the price traded near the bottom of the kumo cloud, closed out partial position.
4. Price traded into the cloud. Chikou span also cut the jikun-sen at the same time. A stop loss order was already placed, position closed out.
Called it a day.
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