We see in this chart that there is a hidden bullish divergence.
Also we see a nice uptrend on the RSI and it tries to break trough the ichimoku cloud.
When it will break the ichimoku cloud I think we will get to the resistance level (start ichimoku cloud) on the daily (245).
Nice place to take a position.
position at - 196
Stop loss - 185
profit take - 235 (20% profit target) - you can also take the ichimoku cloud on the daily 245 but don't miss the profit!
Also we see a nice uptrend on the RSI and it tries to break trough the ichimoku cloud.
When it will break the ichimoku cloud I think we will get to the resistance level (start ichimoku cloud) on the daily (245).
Nice place to take a position.
position at - 196
Stop loss - 185
profit take - 235 (20% profit target) - you can also take the ichimoku cloud on the daily 245 but don't miss the profit!
Trade closed: target reached:
target reached
Still enough breath for VIB to head forward to our targets!
So let's wait a little longer