On the daily TF, there is a rejection candle off the kijun. All the Ichimoku signs are bearish with prices making lower lows and lower highs. Although the future kumo is bearish, senkou span A and B are both flat. Chikou span has not broken past the kumo yet. I am expecting a valid kumo breakout pretty soon.
Trade active
Hit TP1.
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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.