LiteForex - Analytics

LiteForex

579.50 8.25/10
75% of positive reviews
Real

Forex: Ichimoku Clouds. Review of XAG/USD on 04.02.2015

Let’s look at the four-hour chart. Tenkan-sen line has crossed Kijun-sen from below under the cloud, forming trend reversal pattern. However, the pair couldn’t break through the cloud and the price rolled back below Tenkan-sen line (17.40). Chinkou Span line is approaching the price chart from below; current Kumo-cloud is descending. The closest support level is one of the previous minimums of Chinkou Span line at  16.83.

read more >>


To leave a comment you must be or register