Well, it did hit the target of 1.4440, last week high.
Like I say 2 days earlier, opportunity for bulls. To see what it looks like, the Ichimoku at all timeframes..
analyze the chart below:-
As you can see, at 6 tf, all price pattern was above Kumo Clouds. 2days ago, it broke H1 above clouds, and we had waited for 2 days for it to reach the targetted point for this week. With series of false bearish breakouts at smaller timeframes, it does pays off to be patient, and wait for the price to reach 1.4440
Well, i guess, it is time for a break. Im not entering any trades today. And i hope you guys profit well from my analysis. Take a break, go shopping, tidy your house, garden.. and we will meet again next week, for more reviews.
Cheers everybody, and have a nice weekend.
By Radin Hisyamuddin - SFXT - More analysis by requesting email at radinfx@gmail.com