In this trade we see a retracement on the daily time frame and the retracement off the weekly! We see all forms of confirmation with the Ichimoku cloud price is above the cloud. Prices lagging span is above our cloud. We also see a moving average crossover on higher time frames!
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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.