The week has not finished as yet, but what is developing is interesting.
When price trends , its tend to not move too far away from from Equilibrium. With Ichimoku this is represented by the Tenkan Sen and Kijun Sen lines.
In a steady uptrend or downtrend price moves within a distance of these lines with a given regularity. This can be seen in the chart from Jan 21 to April 22.
When volatility increases and price moves to " far away " , then a reversion to the mean (equilibrium) will take place. This has occurred recently ( Early May 2022) .
The current week is too far away from equilibrium price. The candlestick may become a Shooting Star .
The Weekly Tenkan Sen is the obvious target for a retracement at 1.31 ( a significant weekly Support/Resistance Zone) .
The KUMO is extremely well established and likely we will see price break 1.37 following an anticipated retracement.
風險提示：本文所述僅代表作者個人觀點，不代表 Followme 的官方立場。Followme 不對內容的準確性、完整性或可靠性作出任何保證，對於基於該內容所採取的任何行為，不承擔任何責任，除非另有書面明確說明。
暫無評論，立馬搶沙發