if you follow the ichimoku system and rules, you will note that:
1. price is above our kumo cloud.
2. our future kumo cloud is bullish.
3. price is above our kijun-sen line (looking to find support to enter long)
4. chiko span is above price and nothing in its way to carry on going up.
my bias is that price will go up to weekly res 1.22200
will be waiting for price to retrace back to kijun-sen line and either 50% fib level or 38.2% fib level to enter long.
1. price is above our kumo cloud.
2. our future kumo cloud is bullish.
3. price is above our kijun-sen line (looking to find support to enter long)
4. chiko span is above price and nothing in its way to carry on going up.
my bias is that price will go up to weekly res 1.22200
will be waiting for price to retrace back to kijun-sen line and either 50% fib level or 38.2% fib level to enter long.