Strategy: Ichimoku Cloud Swing Trading
Timeframe: 1H / 4H Confirmation
🟥 SELL Setup (Preferred Scenario)
Entry Zone:
4550 – 4595 resistance area
Stop Loss:
Above 4605 (conservative)
Above 4620 (safer)
Take Profit Targets:
TP1: 4520
TP2: 4480
TP3: 4433
TP4: 4366
Trade Idea:
Wait for bearish rejection candles (Bearish Engulfing, Pin Bar, or Lower High formation) around resistance before entering.
Risk-to-Reward Example
Risk: ~50 points
Reward: 150–500+ points
Potential R:R = 1:3 to 1:10
🟩 BUY Setup (Breakout Scenario)
Entry Zone:
Buy only after a confirmed breakout and close above 4595
Stop Loss:
Below 4560
Take Profit Targets:
TP1: 4640
TP2: 4680
TP3: 4720 (extension target)
Trade Idea:
Avoid buying directly into resistance. Wait for:
- Breakout above 4595
- Retest of the breakout level
- Bullish confirmation candle
📌 Notes
🔹 Resistance: 4595 → 4650 → 4680
🔹 Support: 4520 → 4480 → 4433 → 4366
Current Bias
🟠 Neutral → Slightly Bearish
The Lagging Span is showing early weakness while price remains under key resistance. Sellers still have the advantage unless buyers can secure a clean breakout above 4595.
Trading Rule:
Sell resistance until resistance breaks.
Buy only after confirmation, not anticipation.