Prices have finally moved out of the cloud and consolidated below the stubborn uptrend
Now we have prices below the Kijun-sen and Tenkan-sen on the daily, with a crossover in the kumo cloud on its way.
With the AO in the negative territory, this short trade could turn out perfect.
Our target will be the 61.8% fib level of the upward channel.
Leave your comments and give a thumbs up if you agree!
Thank you!
Now we have prices below the Kijun-sen and Tenkan-sen on the daily, with a crossover in the kumo cloud on its way.
With the AO in the negative territory, this short trade could turn out perfect.
Our target will be the 61.8% fib level of the upward channel.
Leave your comments and give a thumbs up if you agree!
Thank you!
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Related publications
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.