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Kumo twist forming: Bullish trend confirmation?
Bitcoin
Kumo twist forming: Bullish trend confirmation?
By tradingichimoku
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Apr 10, 2017
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Apr 10, 2017
The leading kumo is showing signs of a twist; suggesting a change in trend as it rebound from kumo support.
A 'twist' here will suggest that the bullish trend will continue though there is a need to watch out for the resistance form from the recent high.
A failure to break through here will see weakening support and a bearish trend.
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