Yesterdays close saw a strong bearish Ichimokusell signal, with a close below
the Kumo Cloude and with the other indicators also confirming the breakout
(lagging span below price and resistance, and the projected cloud bearish
and the TK cross already at hand). Trading the signal normally will mean
trailing the stop with the Kijun Sen (white line) as it follows price down.
One can also find a tighter stop above the lower cloud and seek tighter
targets. Else the D level at 1,02 sharp will be a natural target for bears, besides
the previous low at 1,0467.
the Kumo Cloude and with the other indicators also confirming the breakout
(lagging span below price and resistance, and the projected cloud bearish
and the TK cross already at hand). Trading the signal normally will mean
trailing the stop with the Kijun Sen (white line) as it follows price down.
One can also find a tighter stop above the lower cloud and seek tighter
targets. Else the D level at 1,02 sharp will be a natural target for bears, besides
the previous low at 1,0467.