We have the following: - Trendline Breakout - RSI Bullish Divergence - Ichimoku Cloud offering support below - Kijun-Sen and Tenkan-Sen are far apart meaning the market is not in equilibrium. Since Kijun is flat price could bounce back to it for market equilibrium.
HOWEVER! There is big H&S Pattern staring us in the face. If it breaks down below with high selling volume it could push through the cloud easily.
Either enter now with a very tight stop loss or wait for a breakout. First target is immediate resistance line, second target is Kijun-Sen.
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Not the most convincing breakout... The slightly increased volume on the last candle is a good sign. I think chances are high it will reach the first target.