With the breakout of the formation price tested ichimoki cloud in 4h and bounced back up. In 1h timeframe the breakout is done but the signal looks better here. A breakout of the cloud shows a short signal but a recovery and breakout of the trendline translates into a long.
Note
You could be getting profits now, I expect more decline though.
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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.