Bullish Ichimoku Cloud, but horizontal Senkou Span A and B; a dead cross of Tenkan-sen and Kijun-sen with horizontal lines.
USD/JPY: dollar entered into Cloud
Technical levels: support – 111.90; resistance – 112.60.
- Sell — 112.60; SL — 112.80; TP1 — 111.90; TP2 — 111.50.
Reason: bearish Ichimoku Cloud with rising Senkou Span A; a new golden cross of Tenkan-sen and Kijun-sen, with rising Tenkan-sen and Kijun-sen; the prices entered into the cloudy area.
Bullish Ichimoku Cloud with horizontal Senkou Span A and B; a golden cross of Tenkan-sen and Kijun-sen with horizontal lines.
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