Just trying to understand more with Ichimoku and everything else, not very certain about that but here's my thinking process
- Triangle, KS and TS together, if they move downward and prices touch KS below the kumo cloud might be a good signal to short, combining to the possible breakout of the last week trend
- A lot of resistance in 1.1470/1.150 area, if we move down we could have space until next support (around 1.11)
- Never breaked upwards the Median Line
I guess SL should be around 1.138 and breaking 1.15 would change completely the field
Any thought is welcome!!
- Triangle, KS and TS together, if they move downward and prices touch KS below the kumo cloud might be a good signal to short, combining to the possible breakout of the last week trend
- A lot of resistance in 1.1470/1.150 area, if we move down we could have space until next support (around 1.11)
- Never breaked upwards the Median Line
I guess SL should be around 1.138 and breaking 1.15 would change completely the field
Any thought is welcome!!