#1 Indicator: Ichimoku Cloud (Purple shaded area on my chart) - If price enters the cloud, most of the time, it will touch the other edge of the cloud. In this case, it touched the bottom edge of the cloud and should proceed to top edge.
#2 Indicator: TK Cross ( Dark blue is 'T' line, light blue is 'K' line) - TK cross is a bullish move which supports movement to the top of Ichimoku Cloud.
Comment your thoughts!
#2 Indicator: TK Cross ( Dark blue is 'T' line, light blue is 'K' line) - TK cross is a bullish move which supports movement to the top of Ichimoku Cloud.
Comment your thoughts!
Comment:
The rebound could take days or weeks longer.
Comment:
16k reached
Trade closed: target reached:
Trade closed JAN 15th @ 0.00016147
#3 Indicator: The wick on today's candle (Dec 27, 2017) touched the K line (light blue line) and bounced up. That indicates it hit the bottom of a drop and will go up from there, in this case, proceed to the top edge of the cloud.