Details on the chart
It may change but not immediately
I say down before up
This is not trade advice
GL !
It may change but not immediately
I say down before up
This is not trade advice
GL !
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New info:
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Correction: I messed the colors of my line's on trading view. It's a rejection of Ken sen, but it does not change much. It's a bearish sign.
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On M1 and M5, I see stagnation with bullish tendance. It's fighting. There's a weak kumo breakout which can be true or false.
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To become bullish it needs to break above the big red cloud and hold above it. But I see RSI is almost oversold. ... it's still bearish
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Looking close to M5 will tell how the market will react further. Above the red cloud on M5 the market can become bullish only if it hold above it. Otherwise it will fall down deep as predicted.
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wow that was reactive. I closed my short position manually just in time. Now that it spike up, it must hold above this red bearish Kumo. I don't believe to much in it. Red is Red. Up to my next trade.
This is no trade advice. I show here how I trade, maybe it will help a little bit others. I've learned it the hard way, but it's not a good thing to copy because like here it's very fast trading strategy which need closing manually. I'm day and intra day trader. Opening and closing fast possitions based on different indicators. Here it's the simple Kumo breakout technique.
Make trading fun, don't kill yourself with it and help others to grab a piece of this mountain of money. Be blessed !
This is no trade advice. I show here how I trade, maybe it will help a little bit others. I've learned it the hard way, but it's not a good thing to copy because like here it's very fast trading strategy which need closing manually. I'm day and intra day trader. Opening and closing fast possitions based on different indicators. Here it's the simple Kumo breakout technique.
Make trading fun, don't kill yourself with it and help others to grab a piece of this mountain of money. Be blessed !
IF breaking lower than predicted it will target the second red line. It can happen ! There the market will look for the next rise. If this lvl break also (which is unlikely to happen) it will fall to hell.