AUDCAD Ichimoku Kinko Hyo Analysis
Monthly: Range
Weekly:
Kumo flat
Tenkan-sen down; Kijun-sen flat
Chiko above candles
Bearish Kyushu Ashi
Note: Price will be likely sideway-down until around 24 April 2023
Daily:
Kumo down
Kijun-sen down
Tenkan-sen flat => equalibrium in short-term
Chiko below candles
Bearish Kyushu Ashi => can still continue till 27 March 2023
Conclusion:
Buy signal: not recommend to buy because price can be volatile
Sell signal: when price in Daily break the support (equalibrium in short term is broken) (0.90454) => Tenkan down
Weekly:
Kumo flat
Tenkan-sen down; Kijun-sen flat
Chiko above candles
Bearish Kyushu Ashi
Note: Price will be likely sideway-down until around 24 April 2023
Daily:
Kumo down
Kijun-sen down
Tenkan-sen flat => equalibrium in short-term
Chiko below candles
Bearish Kyushu Ashi => can still continue till 27 March 2023
Conclusion:
Buy signal: not recommend to buy because price can be volatile
Sell signal: when price in Daily break the support (equalibrium in short term is broken) (0.90454) => Tenkan down
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