On September 7th, 2015, we received an Ichimoku 4 time frame buy email alert on WOS-LON, WOLSELEY for the UK FTSE Stock Market. The email alert is shown below:
After the turmoil on August 24th, many stocks have been consolidating. WOS gapped down significantly on August 24th, however once it got above the daily Kijun Sen we knew it was one of the more bullish stocks. When we got our bullish alert we entered on the 1hr at 4163.206 with a stop at 4138.517 and a target of 4256.916. Our reward to risk ratio was 3.8 to 1.
See chart below for setup….
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