MOMO Price action on the hourly has broken the Kumo Cloud upward- Chikou Span is above the current price action, although within the cloud
- Price is above it's higher time frame 13-period EMA and above it''s current time frame 13-period EMA
Trade active
- Chikou Span still above price
- Close above the cloud
- The Kumo is still green indicating continued upward momentum
- Current Close is above the current and higher time frame 13-period EMA
Trade closed: target reached
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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.