daily: 1. price touching resistance and kijun sen 2. bearish bias 3. tenkan is far away from the price. either price goes to tenkan or tenkan goes to price 4H: 1. volume spike close to the resistance with long wick candle 2. bullish bias from ichimoku 3. momentum slowing down 1H: 1. bearsih rsi divergence near the resistance wait until price bounce from...
Weekly: 1. approaching strong weekly support 2. still sell signal for ichimoku 3. Volume decreasing, means no driving force to breakout the support 4. strong momentum Daily: 1. approaching strong daily support 2. ichimoku sell signal, but future kumo is getting larger 3. strong momentum 4. small volume 5. RSI bullish divergence 4H: 1. price in kumo, potential of...
Forecast for industrial production for US are decreasing. So chart is forecasted to go up for a short time. chart going to flat kijun sen.
in W price breakbelow kumo chikou span below kumo but still on top of price, it looks like chikou will bounce from kijun before continuing downtrend in d all sell requirements are completed, looks like a correction to tenkan sen.
in 4H tf price above kumo tk cross chikou span is rejected at 0.70012 in daily price above kijun below kumo tryingto reach the bottom of the kumo
in Daily chart, price going down to flat top kumo.