USD showing weakness and CHF is strong against it since April. Here we are in the 4H chart, My Ichimoku is speaking out loud, Kijun Sen broken, Kumo about to be broken and Switched from green to red in the next future, this is an example you could find in an Ichimoku Book.
Also, the H4 Trendline is about to be broken and we have space to follow the trend line and possibly break it and keep falling.
I’m trying to learn the cloud as I see it’s a great indicator and wish to sell usdchf is it a good time to sell it
Mokoken1917
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@xinvested, Ichimoku is not just an indicator, Ichimoku is a trading system itself, but before Ichimoku there is price action. I would watch in a lower timeframe to set the entry, 1Hour or 2Hours.
I wait for the break with a speaking candle, who is gonna tell me the strength of the next movement. Also it's wise to wait for the opening candle after the weekend to see if there is any gap.