XAGUSD Ichimoku Kinko Hyo Analysis

6 Mar 2023

Monthly:
Kumo flat
Tenkan-sen; Kijun-sen flat
Chiko below candles
Price is under Tenkan-sen, Kijun-sen
No trend Kyushu Ashi
=> Monthly no trend

Weekly:
Senko-span A and B cross
Chiko above candles
Price below Tenkan-sen, Kijin-sen
Bearish Kyushu Ashi => can expect price will be sideway-down until next Kihon Suchi (27 March or 22 May)

Daily:
Kumo down
Kijun-sen, Tenkan-sen flat (Kijun-sen will be down in 10 March)
Chiko below candles
Price is within Tenkan-sen (equalibrium in short term)

Consider to sell when short term equalibrium is broken down and Kijun-sen points down in 9 March
If after 9 March Kijun-sen down but short term equalibrium still remain => wait the price to break the support to sell

13 Mar 2023

Not

Unsuccessful due to high impact news