H4
At D1, the Ichimoku cloud is directing upward, indicating an uptrend. On H4, the cloud is directing downward, indicating the formation of a correction for D1.
Conclusion:
We recommend buying when the RSI reaches an oversold level on the H4 and selling when the RSI reaches the overbought.
H1
At H4, the cloud is directing downward, indicating a downtrend. At H1,...
H4
The price is trading above the Ichimoku cloud, indicating an uptrend.
RSI is slowly falling towards the level of oversold, indicating the presence of correction and weaknesses of sellers.
Conclusion:
We recommend buying from a key Fibonacci level of 61.8% and when the RSI level is oversold.
H1
The price is gradually falling, moving under the Ichimoku cloud....
