Price is testing the upper area of the cloud and it is important to note the absence of an incoming twist (which would be an extra-sign of weakness in current trend). At lower timeframe (1H), cloud has already been broken but no retracement happened yet though a twist initiating a cloud is visible. So we may expect the price to correct a bit towards the 4H Kijun before trying again (maybe) to target the cloud where it is weaker (see chart). One thing to mention is that the lagging span is stuck in a crowded area with candles and Kijun very close each others. If it manages to go through this congestion, this would bring more weight to an incoming short scenario.
Some sell scenarios:
- 4H trading entry: wait for cloud breakout and indicators (everything under cloud)
- 1H trading entry: wait for correction towards hourly SSB @ 0.712, possible target @ 0.7