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Ichimoku_Hokage_Ninja

Ichimoku intraday long setup: USDJPY

Long
U.S. Dollar / Japanese Yen (OANDA:USDJPY)  
Ichimoku_Hokage_Ninja Updated   
OANDA:USDJPY   U.S. Dollar / Japanese Yen
Trend Analysis Technical Indicators Wave Analysis Ichimoku Cloud ichimokukinkohyo
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trendanalysis indicator waveanalysis ichimokuclouds ichimokukinkohyo
On the H4 TF, price is basing and is bouncing off the tenkan. There is a bullish tenkan-kijun cross, but strangely kijun is pointing downward. The future kumo is getting thinner and I am expecting a bullish kumo twist soon. %R has crossed the -50 mark, indicating bullish momentum.
Trade closed: target reached
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