Ichimoku shows bullishness
Senko span A and B up,
Tenkan Sen above Kijun Sen
Chiko span above candles.
Forecast:
Bull: once price breaks 85.5, it may continue to go up to 89.
Bear: Price reverses from 85.5 Resistance and heads down to Kijun sen.
Potential Sanyaku Kouten when Price breaks Kumo downwards
Ichimoku wave analysis:
Highs of bearish N waves are in 13 period taito suchi cycles
Hi/Lo are in 9 period Kihon Suchi cycle
Price at potential reversal point according to the 13 period taito suchi cycle.
Forecast:
Price to head downwards to N / V / E targets according to 9 period Kihon Suchi cycle.
