My good friend told me to see this awesome chart. This is really interesting set up:
Weekly:
-Prices currently testing Kijun
-Neutral Ichimoku
-RSI held 40 and rising now
-This was multi month triangle and we are breaking out of it right now. Equality comes around 1.9650.
Daily:
-Bullish
-Prices currently testing 200 sma
-Chinkou confirming momentum
4H:
-Bullish
-RSI kinda overbought and tenkan kijun need to do some catching up.
I am looking to buy now and this will be a multi month hold trade. Will update at end of month how it played out.
Weekly:
-Prices currently testing Kijun
-Neutral Ichimoku
-RSI held 40 and rising now
-This was multi month triangle and we are breaking out of it right now. Equality comes around 1.9650.
Daily:
-Bullish
-Prices currently testing 200 sma
-Chinkou confirming momentum
4H:
-Bullish
-RSI kinda overbought and tenkan kijun need to do some catching up.
I am looking to buy now and this will be a multi month hold trade. Will update at end of month how it played out.