GBPCHF Daily and H4 continuously bullish by Ichimoku
Updated
Comment
GBPCHF in Daily and H4 timeframes show continuously bullish as per below Ichimoku confirmations.
Ichimoku Analysis
Both timeframes show
- Kumo (Senko span A) is up
- Kijun sen is up
- Chiko Span above candles
Next Scenario
In this case we better focus on H4 as Chiko Span is getting closer to candles and the price is also very close to Kijun sen.
Market can continuously bullish if it's supported by H4 Kijun sen. But if Chiko Span starts to touch candles, then it can reverse or continue to be ranging.
GBPCHF in Daily and H4 timeframes show continuously bullish as per below Ichimoku confirmations.
Ichimoku Analysis
Both timeframes show
- Kumo (Senko span A) is up
- Kijun sen is up
- Chiko Span above candles
Next Scenario
In this case we better focus on H4 as Chiko Span is getting closer to candles and the price is also very close to Kijun sen.
Market can continuously bullish if it's supported by H4 Kijun sen. But if Chiko Span starts to touch candles, then it can reverse or continue to be ranging.
Comment
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Forex Kei
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Official Website: forex-kei.com
Global Trading School: forex-kei.com/?page_id=2855
KTS Academy: keistradingstrategy.com
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