There are so many resistance levels suggested by the flat senkou-spans in this 4H chart on the left.
Price is really struggling at this moment and expected to fall into the demand zone in the next few hours.
In the daily chart on the right, we cannot put any orders because the current candlestick is stuck inside the green cloud. Please also note that a major support level is at $12610 which is very close to the base of the demand zone ($12486) on the 4H chart.
Ichimoku traders to be patient... because the projected cloud (26 periods forward) is pretty flat, no sign of incline upward or downward.
Price is really struggling at this moment and expected to fall into the demand zone in the next few hours.
In the daily chart on the right, we cannot put any orders because the current candlestick is stuck inside the green cloud. Please also note that a major support level is at $12610 which is very close to the base of the demand zone ($12486) on the 4H chart.
Ichimoku traders to be patient... because the projected cloud (26 periods forward) is pretty flat, no sign of incline upward or downward.
