MSFT Don't Miss This Move!🔸️Ticker Symbol: MSFT 🔸️Timeframe: 4 Hour 🔸️Investment Strategy: Long
TECHNICAL ANALYSIS: MSFT is currently sitting on a strong level support at $276. We are in a bull regression trend which is why I want to be focusing on long position in the market at the moment. We do have our bottom dashboard indicator suggesting that we are in a buying or accumulating stage in the market since we are testing this bottom green section. Historically this area in a bull trend has acted as a good indication that MSTF could see a push higher in value. If we do continue in this trend, I do believe a retest of $290 is not out of the question come next week. Thanks for following.
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Ichimoku Kinko Hyo “equilibrium chart at a glance”No, “Ichimoku Kinko Hyo” ain’t Japanese for “May the pips be with you.” but it can help you grab those pips nonetheless.
Traders use Ichimoku Kinko Hyo to generate a variety of signals for market behavior, based on the interaction of the chart’s lines with the Kumo. Because of the comprehensiveness of the chart, traders consider it to be a very powerful tool for technical analysis. However, crypto exchange traders should be aware of the chart’s drawbacks in forex markets: since crypto markets never close, no close prices are generated, and it’s unclear how the Chikou Span should be plotted. Good judgment should therefore be used both in choosing the time periods from which to generate the chart, and in deciding which price should be chosen as a crypto market’s close price.