Kijun level has been forming and tested over the last two days. Senkou B line now also forming a level. Kijun level $15,500, Senkou $15,000. Likely to be a key area.
More consolidation expected short term before decision time. Bull div on RSI and potential double bottom pattern forming but no clear indicator either way that I can see. As noted in previous chart, seems likely we see a completion of the H&S retrace or break upwards to test resistance. Info above suggests 15k is the key area.
Komen
⋅
Kijun being tested. Key level.
Komen
⋅
Rejected trying to break through 16k. Price bounced off the tenkan around 14,5000. Ranging for now it seems.