DJI- Ichimoku conditions on 4 hour are almost ideally bearish
a. the price is below the Kumo, Tenkan-Sen and Kijun-Sen
b. the Tenkan-Sen has crossed down Kijun-Sen, below the Kumo
c. the Chikou Span is below both Kumo, Tenkan-Sen, Kijun-Sen and price
The only other condition that is not met yet is a thick Kumo cloud. It has twisted bearish however.
b. the Tenkan-Sen has crossed down Kijun-Sen, below the Kumo
c. the Chikou Span is below both Kumo, Tenkan-Sen, Kijun-Sen and price
The only other condition that is not met yet is a thick Kumo cloud. It has twisted bearish however.
Commentaire:
Broke upwards through Tenkan. Will sell my short if it breaks through Kijun. The last 4 hour candle signifies indecision so we could possibly see bearish action tomorrow.