Entry: Buy at the close of the breakout candle. Stop loss: Below the Kijun Take profit: Candle closes below Kijun.
PS: Kumo Breakout took place 4 days ago. However I was waiting for the bullish Tenkan-Kijun cross to happen, as an additional confirmation. Nevertheless, I am expecting price to range for a few more days before it takes off. This is because Chikou span is still moving within the candles. If Chikou span is able to break out of the kumo, then bullish momentum is confirmed.
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