Confluence:
Conversion line above Base line indicating for bullish direction.
Price is below Base Line, which is worrysome.
Price tested the trend line
61.8% Retracement co-inside with trend line together.
Overall since ichimoku is bullish crossover recently, I went into this trade.
Conversion line above Base line indicating for bullish direction.
Price is below Base Line, which is worrysome.
Price tested the trend line
61.8% Retracement co-inside with trend line together.
Overall since ichimoku is bullish crossover recently, I went into this trade.
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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.