After the break out of the triangle , we r now testing the bo point. we broke with a good volume the move should continue to the next stop 170-180 region or more to complete an equal move (blue dot line).
all Ichi lines are bullish but the kumo is thin which can be broken easily.
If we fail here to bounce it will be likely a fake out.
lets see
all Ichi lines are bullish but the kumo is thin which can be broken easily.
If we fail here to bounce it will be likely a fake out.
lets see
Note
sorry i meant for the upside 270-280Note
near a decision pointTrade active
short is activeNote
some consolidation now at 618 fibTrade closed manually
small profit with traling.now back in range
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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.