candles are bellow the cloud and the lines are both downward so it indicate that the downward trend still continue but there is great distance between candles and the lines due to sharp fall and it must be modified. so that, every modification is an opportunity to enter short position. it must be mentioned that there is no support in front of the candles until...
as DXY shows a change in its trend and it seems to continue an upward movement, USDCHF will show same behave after a short delay of time. also, USDCHF react to the trending line and tried to enter the cloud. i speculate the candles will enter the cloud and break trough it. if the candles stabilize outside the cloud, we can be ensure that the price will be...
eurusd tried to break through an old trending line but that was failed. so that, the up trend change to a sharp down trend. as the candles exit the trough the spanB and if they stable there for one or other two candles, it ensures that the price will moves toward the predetermined price at 1.8660. target1 is the price i assume will be touched during next week and...
price will pull back to the monthly resistance, wait for it, then enter the short position
#ichimokuclouds #long position