The WLY KS rejected the price 3 times over... The LS also bounced from the same WLY KS. Again, only with ICH you get that PRECISE!
Crossing over the Cloud could give a bullish signal, but mind the LS that would need to crossover as well and mind the WLY SSB that I marked with the black dotted line on this TF.
Glossary : WLY = Weekly DLY = Daily TS = Tenkan Sen KS = Kijun Sen LS = Lagging Span/Chikou Span TL = Trend Line TP = Take Profit SL/INV = Stop Loss / Invalidation level TF = Timeframe Kumo = Cloud, Cloud = Kumo
** THIS ANALYSIS IS MY OWN OPINION AND IS NOT A TRADING OR INVESTMENT ADVICE. ALWAYS TRADE WITH CARE **
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