GBPUSD Ichimoku Strategy (Short) new

Sharing another ichimoku trade(s).

This was aggressive positions taking.

First position was taken when price penetrated into the kumo cloud, coupled with first signal that tenkan-sen already cut below jikun-sen.

Second position was taken when chikou span cut below the jikun-sen. Price action was in the mid of the kumo cloud.

Third position was taken when tenkan-sen diverge from jikun-sen (again) while in the kumo cloud.

The above positions were taken in aggressive manner.

Technical (Ichimoku)

Tenkan sen has already cut below the jikun sen, and chikou span also cutting below jikun-sen. While price action already below kumo cloud, chikou span still yet to cut below the kumo cloud.

The kumo cloud is getting thinner prior to a thick cloud formation ahead.

Strategy (Ichimoku)

Aggressive position takers can establish short position now since price action already below kumo cloud. More positions can be added when chikou span cut below the kumo cloud.

Stop loss to place higher than the kumo cloud high.

Take note of price action between 8-Oct to 10-Oct. Ideal situation is price action to maintain a distant away from the thin cloud during that period.