The market created a Bearish candle pattern. The Evening Doji Star has a high rate of preceding a bearish reversal. If tomorrow closes lower this would confirm the signal.
Assuming a bearish signal is given, then watch for support from the Tenkan Sen. The Ichimoku remains bullish with only the Kijun Sen inside the Kumo. This remains uncharted territory and I feel a bit less confident, but the you can see the levels of support in this Ichimoku chart and the weakness near 1800..
Today hit my target, but as I said this target was a bit uncertain. It will be interesting to see if the market follows this cyan fork or what happens if it breaks. Remember the Yellow fork has laid a strong path.
Sorry for being so uncertain. All I can do is point out possible supports and signals.
No comments:
Post a Comment