The 3D cloud tenkan metric has acted as resistance since August. Price showed signs of breaking above this level over the past few days but is now showing signs of rejection. This metric has sent price down over the past few months and based on the 3D cloud alone it seems we may be heading towards another down move.
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.