Daily candle closed right below the Ichimoku cloud and has since experienced a kumo break.
A close within the cloud will be a well received bullish sign. A close below the cloud would be a disappointing rejection that I believe would lead to another test of our recent lows.
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.