On weekly time frame:
- Price is below the cloud
- Chinkou is under price
Overview: Bearish
On daily time frame:
- Price needs to go out of the cloud to be clear down trend continuing
- Chinkou is right above price. It needs to close below the price in order to confirm down trend
- Price is below the cloud
- Chinkou is under price
Overview: Bearish
On daily time frame:
- Price needs to go out of the cloud to be clear down trend continuing
- Chinkou is right above price. It needs to close below the price in order to confirm down trend
Trade closed: target reached
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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.
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.