Bumping up against significant historical resistance. But despite the pop over the past few days, Ichimoku is looking good. If we break current resistance I see us hitting the even more congested area for resistance at my target (green horizontal).
Kumo is about to twist green on daily + Chikou well above price and a bullish T/K cross.
Might be a bumpy ride, and perhaps worth taking profits along the way.
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.