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If the daily low is broken, expect price to drop to the target zone
I see Mr. CS says the up trend strength is 0. Is this the reason you think price will probably fall? Or is there any other analysis?
eg. 1/ AO divergence seen (not sure in -ve AO is a reason)
2/ TS crossed KS up and down a number of times in recent past
3/ price first enters kumo then crosses Kumo down and then up indication low strength of upward trend
Your thoughts will be valuable.
The reason is that breaking the low will give us a bearish market which we need to enter short. As for the issue of support and resistance, once we go into tight ranges (like the one developing now) I stop using ichi lines for S&R.