Technical Analysis XPTUSD
08.05.2018, 09:25

Technical Analysis XPTUSD

Based on the Ichimocu system we can see that the price is clearly below the cloud and the tekan sen, kijun sen and chikou span seem to be in bearish formation, meaning that they are below the cloud.

The cloud and a spike at the end gives us the signal that the trend may continue.

To be able to spot a trade the price needs to break the tekan sen line in order to consider looking for any potential signals


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