RDN/USD 1W Ichimoku Cloud potential edge to edge trade of +1700% if cloud resistance broken.
Price is above Tenkan line (blue) and consolidating below Kijun line (red) and cloud resistance. Seems to be forming some sort of bull flag/ ascending triangle on the 1D chart.
Lagging span (green) has made its way above price action indicating bullish momentum. High timeframe momentum oscillators are leaning bullish.
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.