akq
This my ichimoku view not robbbbbbb's. He is at a far higher level
of charting let alone trading than me.
LOD
The daily has a great break out and is in bull trending pattern.
The real breakout shows the normal retest of support. The last
rally is from the bounce off the cloud.![]()
The weekly shows that it has been hitting resistance at this level.
It has broken out but red and blue are just getting out of the cloud. A test
of this support at around .045 is not out of the possibilities. A rally from
this level could lead into bull trending on the weekly.
The monthly shows this resistance. Price has gone into the cloud without
red. Red is still under blue. Price will normally wait for red to enter cloud.
overall it has had a great run but is now facing a period of consolidation.
key26
PIO
The daily has a good break out. Waiting for blue to exit. A retest of these
levels of support and we have a bull trending pattern. Stops under 11.00.
The weekly confirms the rally with a target of the bottom of the cloud
at around 14.00. Support is at the red and blue lines again under 11.00
overall the bull trending pattern of the daily looks good with a target
of the weekly cloud.
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