GoPro Ichimoku Cloud Fractal
Updated
There is a clear pattern that could potentially repeat on gopro. After the past two bullish TK crosses the price entered the cloud and completed an edge to edge, then proceeded to enter another bear trend. On the three day chart we just had the TK cross and are very close to entering the cloud.
The daily is less bullish, as the price entered a downtrend after a bearish divergence the prior 2 times, and we currently have a bearish div on the daily.
The daily is less bullish, as the price entered a downtrend after a bearish divergence the prior 2 times, and we currently have a bearish div on the daily.
Note
Fractal playing out
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