Fractals happening here. You can see the price forming and completing cups and handles.
Every time this price action takes place
1) Chikou down crosses price after a heavy bull run
2) Kumo always turns bullish before a sharp bearish twist
3) Senkou Span A is in steep decline prior to the twist as evidenced on the current cloud.
Fibonnacci shows the repeating...
And the lagging span line (chikou span line) is actually trying to cross the ichimoku cloiud in one-hour timeframe. If the lagging span line gets over the kumo then that would mean a confirmation of the uptrend at least in one-hour timeframe (for hourly investors). If the lagging span line gets over the ichimoku cloud then one will have then to watch on 4 hour...
