On the Ichimoku 4hr chart, kumo resistance can be seen around 2068.
This correspond to the Tenkan sen and Kijun sen on the Daily chart.
It is likely that a breakout above 2068 will be difficult with the price level currently trading below the kumo; a sign of continuous bearish position for the swing traders.
This correspond to the Tenkan sen and Kijun sen on the Daily chart.
It is likely that a breakout above 2068 will be difficult with the price level currently trading below the kumo; a sign of continuous bearish position for the swing traders.