Ichimoku short setup: NZDUSD
On the daily TF, we observe a bearish tenkan-kijun cross that occurred above the kumo. Currently, price is sitting at a significant support level and is inside the kumo. Although the future kumo is bullish, senkou span A is angling downward while the senkou span B remains flat. Although chikou span is below the price, the current candle is still trading within a large mother bar.
Trade active
Hit TP1.Trade closed: target reached
Price hits BE.
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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.