Ichimoku short setup: NZDUSD

On the daily TF, we observe a bearish tenkan-kijun cross that occurred above the kumo. Currently, price is sitting at a significant support level and is inside the kumo. Although the future kumo is bullish, senkou span A is angling downward while the senkou span B remains flat. Although chikou span is below the price, the current candle is still trading within a large mother bar.

Trade active:

Hit TP1.

Trade closed: target reached:

Price hits BE.