SMC - DISTRIBUTION PHASE
Ichimoku
price below tenkan which acts as a resistance
kijun acts is the next support
kumo is very thick which means it is still bullish but Senkou span B is flat. It means there's a possibility to retrace to 41000 area
Ichimoku
price below tenkan which acts as a resistance
kijun acts is the next support
kumo is very thick which means it is still bullish but Senkou span B is flat. It means there's a possibility to retrace to 41000 area