The price of the EUR/USD is now below its weekly kijun sen. But there are obstacles left for the Ichimoku lagging span (chikou span) for going down furthermore. I think that there could be a pullback to the kijun sen during this new week. That would mean that the price might be uptrend for this new incoming week.
Here are 2 H4 trendlines that might be resistances for EUR/USD. If the price gets above these then there might be a pump (for a Long position). If the price bounces on them and goes down then it might be a good entry for a Short position.
Here are 2 Ichimoku forecast lines to watch for CHZ/USDT. These do not show a possible TP in case the price gets over them but 0.2654 could be (see the high of the H4 candlestick of 08/24/2022 10pm). These can also be resistances for the price.
Weekly Ichimoku Kinko Hyo forecast lines might confirm a return of the price to the low price of the japanese candlestick from which these forecast lines are drawn, so 17622 usdt.
The validation of the 15-minute timeframe uptrend would be having the Chikou Span Line (Lagging Span Line) getting over the Ichimoku Kumo Cloud.
In one hour timeframe the price has got over the kumo and in four hour timeframe the next potential resistance is the upper kumo line so I think that is the price gets over this upper kumo line then that might be a confirmation of the uptrend of the daily graph.
Chikou span validation is ok in 15 minutes, 5 minutes and 1 minutes. I would advise a long position.
The price is actually trying to get over the 15 min kumo.
I think that a strong potential scenario for the EURCHF foreign exchange pair can be that the price encounters a resistance of 1.15018.
I think that the price may be uptrend for the following minutes/hours
There is also the chikou span validation so an uptrend could occur for the following minutes/hours
I think that if the chikou span line gets over the price then there could be an uptrend for it
In 15 minutes timeframe, one can buy and sell after some pips earning. Small spreads account only !
This forex pair price might be uptrend but let's wait for all validations to happen before opening any position.
I would buy now for taking a few pips.
This forex pair might be uptrend. Actually the Chikou span is trying to get over the kumo. Let's wait for the FULL next candles.
If Chikou span (lagging span) gets over the kumo then it would mean an uptrend for the following hours.
I think that the price might encounter a resistance of 299.33