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    Forex: Ichimoku Clouds. Review of GBP/TRY on 05.10.2015

    Let’s look at the four-hour chart. Tenkan-sen line is below Kijun-sen, they are moving towards each other and can soon form a signal to buy. Chinkou Span line is below the price chart; current Kumo-cloud is descending. The pair is being corrected after strong fall, although Tenkan-sen line is still a resistance level (4.5762). The target for the downward movement may be the level of 4.5061.

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