As you can see, in the we have a . It means that we should search for buy opportunities in order to join the uptrend.
The price broke the Senkou B line, and we could use this signal to open long positions. If you missed this opportunity, we have to wait for a correction to other lines like Kijun and Senkou A. It will be possible if the price drops below Tenkan line, which now holds the market.
If we talk about the best entry zone, it is formed by the local uptrend line and the cloud. Reversal signals from this zone will be good to open long positions in the direction of the main uptrend.
gives us a signal. So, don't be surprised to see the downward movement within this week.
This post does not provide financial advice. It is for educational purposes only! You can use the information from the post to make your own trading plan for the market. But you must do your own research and use it as the priority. Trading is risky, and it is not suitable for everyone. Only you can be responsible for your trading.