On the Tenkan-sen line is above Kijun-sen, the red line is directed upwards, while the blue one remains horizontal. Confirmative line Chikou Span is above the price chart, current cloud is ascending. The instrument is trading above Tenkan-sen and Kijun-sen lines; the is still strong. The closest is Tenkan-sen line (0.88625). One of the previous maximums of Chikou Span line is expected to be a (0.89980).
It is recommended to open long positions at current price with the target at the level of previous maximum of Chikou Span line (0.89739) and Stop Loss at the upper border of the cloud (0.89336).
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