Monthly
Weekly
Daily
The sentiment analysis is still bullish on the the different timeframes. However we have multiple elements that may point to a trend reversals: weekly Dojis, the weekly Chikou that has tested twice its Kijun without success.
Also, an interesting thing to note is that all Kijuns are almost mixed together in the 2790-2830 range. This could lead to a powerful multi-timeframe bearish signal in case of breakout.
- Price above monthly Kijun and Kumo
- current monthly candle is forming a Doji
Weekly
- Price above weekly Kijun
- Price in Kumo since 4 weeks, explaining the monthly Doji
Daily
- Price above the Daily Kijun and Kumo
- Price in Kumo since 4 weeks, explaining the monthly Doji
The sentiment analysis is still bullish on the the different timeframes. However we have multiple elements that may point to a trend reversals: weekly Dojis, the weekly Chikou that has tested twice its Kijun without success.
Also, an interesting thing to note is that all Kijuns are almost mixed together in the 2790-2830 range. This could lead to a powerful multi-timeframe bearish signal in case of breakout.
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.
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.