Although there has been a strong pullback, we're still looking good from an indicator perspective.
TD9 reversal following a golden cross on the 1H is a good opportunity to buy in.
1D: Bullish
TD color flip and a long opportunity opened up on the daily. Lagging span in open territory, senkan span has been crossed by price, and kijun provided strong support.
4H: Bullish/Neutral
TD color flip to red meaning we may see a 1-4 candle pullback and higher. Senkan and Kijun span moving in the direction of a Senkan cross (bullish). Lagging span has passed through price (moderately bullish). Lagging span is within the Kumo cloud (neutral). Important that we were able to pass over the 50 & 200 MA and found support above it.
1H: Bullish
Golden cross currently formed, which is a strong bullish indicator (50 & 200MA cross). Lagging span is in open air (bullish). Senkan span is above the Kijun span (bullish). We are above the Kumo cloud (bullish).
TD9 reversal following a golden cross on the 1H is a good opportunity to buy in.
1D: Bullish
TD color flip and a long opportunity opened up on the daily. Lagging span in open territory, senkan span has been crossed by price, and kijun provided strong support.
4H: Bullish/Neutral
TD color flip to red meaning we may see a 1-4 candle pullback and higher. Senkan and Kijun span moving in the direction of a Senkan cross (bullish). Lagging span has passed through price (moderately bullish). Lagging span is within the Kumo cloud (neutral). Important that we were able to pass over the 50 & 200 MA and found support above it.
1H: Bullish
Golden cross currently formed, which is a strong bullish indicator (50 & 200MA cross). Lagging span is in open air (bullish). Senkan span is above the Kijun span (bullish). We are above the Kumo cloud (bullish).
Komen:
For a safer long entry, wait for a green number to trade above the high of a prior green number.