Possible kenkan sen bounce. Keep stop close, in case it fails. Not advice.
Note
kijun sen is acting as support. if it breaks short back to cloud.Note
Wait to see if candle closes below the kijun senNote
Before opening trades in either direction.Note
Expect stop hunts before (if) uptrend.Note
Still bullishNote
We will easily claim this weekly zone again - price has been there before. If trend stays on an upward momentum. Don't rush your entry. Many places to buy in again.Note
Tenkan Sen and Kijun Sen on the Ichimoku are becoming very wide.They will need to find equilibrium once again, caution should be exercised.
Note
Points in time for change - related to my ichimoku settings.Trade closed: target reached
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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.