Ichimoku Malaysia Stock Trade (24-3-2014) 1295-KLS Public Bank

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Today I received a 5 timeframe buy signal for the Malaysia Stock Public Bank.
Below is the email alert:
1295-EMAIL
 
 
 
 
 
 
The monthly and weekly is still strong bullish. In this daily chart, the stock has been consolidating for more than 3 months. I am looking to play the breakout to trade in line with the higher time frame direction. The entry is $19.35, initial stop is $18.95 and preserve mode at $19.89. I choose a preserve mode level because the higher time frame is still strong bullish. If we can reach the preserve mode level, it will be a minimum 135% reward risk ratio.
Below is the chart:
1295-CHART
 
 
 
 
 
 
 
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