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    Forex: Ichimoku Clouds. Review of GBP/TRY on 19.10.2015

    Let’s look at the four-hour chart. Tenkan-sen line is below Kijun-sen, they are both horizontal. Chinkou Span line is approaching the price chart from below; current Kumo-cloud is going to reverse from descending to ascending. The pair is trying to enter the cloud and is trading around its lower border. Tenkan-sen (4.4691) and Kijun-sen (4.4911) lines are the closest support and resistance levels respectively.

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