EURAUD 30.11
The WLY KS rejected the price 3 times over... The LS also bounced from the same WLY KS. Again, only with ICH you get that PRECISE!
Crossing over the Cloud could give a bullish signal, but mind the LS that would need to crossover as well and mind the WLY SSB that I marked with the black dotted line on this TF.
Glossary :
WLY = Weekly
DLY = Daily
TS = Tenkan Sen
KS = Kijun Sen
LS = Lagging Span/Chikou Span
TL = Trend Line
TP = Take Profit
SL/INV = Stop Loss / Invalidation level
TF = Timeframe
Kumo = Cloud, Cloud = Kumo
** THIS ANALYSIS IS MY OWN OPINION AND IS NOT A TRADING OR INVESTMENT ADVICE. ALWAYS TRADE WITH CARE **
Crossing over the Cloud could give a bullish signal, but mind the LS that would need to crossover as well and mind the WLY SSB that I marked with the black dotted line on this TF.
Glossary :
WLY = Weekly
DLY = Daily
TS = Tenkan Sen
KS = Kijun Sen
LS = Lagging Span/Chikou Span
TL = Trend Line
TP = Take Profit
SL/INV = Stop Loss / Invalidation level
TF = Timeframe
Kumo = Cloud, Cloud = Kumo
** THIS ANALYSIS IS MY OWN OPINION AND IS NOT A TRADING OR INVESTMENT ADVICE. ALWAYS TRADE WITH CARE **
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