Hi. Consider a three-day timeframe.
Lagging span (green arrow) broke above the cloud. However, the Kijun Sen follows downwards to exit the cloud. At the same time, the volume indicator is not giving a green momentum and is going down. What does all this mean? Apparently one of the levels at the top will be tested and there will be a rejection.
Lagging span (green arrow) broke above the cloud. However, the Kijun Sen follows downwards to exit the cloud. At the same time, the volume indicator is not giving a green momentum and is going down. What does all this mean? Apparently one of the levels at the top will be tested and there will be a rejection.
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And something else on the daily chart. Note
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.