lagging span has come below the cloud and at this moment you can have a profitable short in this pull back.
Additionally see how the white box up there was reacted to.
If the pink line is broken up, the bullish trend will resume. Additionally if the green channel is broken to either ways, tp1 would be the middle line of blue channels and tp2 would be end of the blue channels.
If price goes below ichi cloud we would probably have more downs and if we stay above, as we do, targets would be 1818-1825.
As can be seen, there is bearish butterfly and ichimoku cloud could be a resistance level for the price and soon we can see see the price fall and make some money ( if you open a short right now).
there is a powerful trend line down the price which would be a good support level. the recent bearish trend line is broken up. RSI is on a good level. the price is now on a a powerful support level. My idea is a long! XAUUSD
Recently bitcoin's been getting high despite RSI divergence and now we are at the point which I think we can expect a fall to 43K-39k zone. also a bullish trend line from July 2021 is broken down.
to sum it up, I'm going with a short in BTCUSD.
