EURUSD 30.11

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On the DLY chart, the price may retrace back to its KS.

On this H4 chart, the price stopped exactly at the H4 KS level above the H4 Cloud (only with ICHI you can have that level of precision). The price tested the Kumo break and seems to be willing to go further. The LS is still in the Cloud so we are still in retracement strategy rather than a change of trend on this TF.

Possible TP is the DLY KS level.

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

** THIS ANALYSIS IS MY OWN OPINION AND IS NOT A TRADING OR INVESTMENT ADVICE. ALWAYS TRADE WITH CARE **
Commento
The Daily chart :
istantanea
Commento
Still on the H4, the price didn't validate and stopped at exactly at the H4 KS level marked in the chart. Only with ICHI you get that kind of precision, and again, always wait for confirmations.

istantanea
Commento
DLY Completely neutral between 2 Tenkan Sen
istantanea
Chart PatternsEURUSDichimokukinkohyoTrend Analysis

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