The 5 minute Ichimoku chart shows almost similar view ....
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The coloured band is the Cloud. As Price is below the Cloud, it has been in a bearish environment.
The blue and red lines are moving averages. Price has been riding along the short term blue moving average.
Even if you don't catch a Sell entry when Price first crossed below Cloud (on the left hand side of the chart), there are still opportunities to get in.
On the right hand side of the chart, Price started to be ranging, the flat red and blue lines indicate that, I would stay out.
It is a short term play, but you still can make a few pips there.
It is a reason why I use Ichimoku, it is easy to grasp the broad view.
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