Let's look at the four-hour chart. Tenkan-sen line is above Kijun-sen, the red line is directed downwards, while the blue line remains horizontal. Confirmatory line Chikou Span is crossing the price chart from above, current cloudiness is ascending. The instrument is operating above the Tenkan-sen and Kijun-sen lines; The uptrend remains strong.
It is recommended to open long positions at the current price with the target at the previous maximum level of the Chikou Span line (3.8794) and the stop loss at the top edge of the cloud (3.6603)
Recommendation BUY Entry Point 3.7219 Take profits 3.8794 Stop loss of 3.6603
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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.