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Kat33

By Kat33
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Kat33 Newbie

Kat33

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Tenkan crossed the Kijun from the bottom up. This is the signal to open long. DAX is moving above the Tenkan and Kijun. The target is Ichimoku cloud 11920. Current price 11710. Stochastic is already overbought, so far up the price will not move. Near the cloud it is possible to turn down or rebound.

 

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  • 5 years later...
loxozz333 Newbie

loxozz333

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In online trading, using the Ichimoku indicator like in this analysis can help identify potential entry and exit points. However, considering the overbought Stochastic, it's wise to apply risk management to navigate possible reversals or pullbacks.

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