After the price out break in the daily timeframe, the retest was made to the level of tenkan sen 17.47 and could not break it. On the contrary, the penultimate candle finally closed upwards, like the last one. This shows the strong upward potential of the price. Tenkan sen has an upward slope. As soon as kijun sen gets up, sky is the limit !!!!!
The price broke out the 23.36 resistance but returned into the canal. After that we see the price can’t go lower from the tenkan sen level and then a strong bullish candlestick breaks out the 23.36 resistance again and the next one is bullish. There is a big chance for the price to lift up the kijun sen and flying!!!!!
The arrows show how the price will probably move. Tenkan sen is moving upward, when the kijun sen will be moving upward and the leading kumo is flying, sky is the limit!!!!
We notice a very strong support at the level of 2.34 on monthly timeframe. The price broke out that level but the last two candlesticks show that there are not too much power. So it seems a fake break out and probably the price will go up. Also we see that ten kan sen, the blue line of inchimoku goes up and wants to cross with the other line.Firstly, the price...
There is a double bottom about at 0.50 level on monthly timeframe. Now the price approaches the support at 0.90 level for the third time in a period you see in chart. This time of period a long position is the best choice because the price is under a curve of inchimoku and in these cases the price wants to go inside. The first price target is about 2$. I wish you...
