Work had been very busy for the past few weeks. It will also be busy in the coming few weeks.
Have not been trading since the last stopped out. However, manage to put in a trade couple of days ago.
The trade was taken with forward thin kumo cloud. It was bullish followed by bearish thin kumo cloud. Locked in the trade as price cut across tenkan-sen. with stop below 13500 then.
Price is now above the kumo cloud, and tenkan-sen has also cut above the kijun-sen. Chikou span has also cut above tenkan-sen and kijun-sen. However, none of the lines is above the kumo cloud.
The forward cloud, bearish, but thin. After a long trend down, there may be chance for a trend change.
Indicator will come from chikou span cutting above kumo cloud hi, looking at above 13660 level.
I have put in target profit level according to my risk management. Will also look for opportunity to add in position if any.
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