The C-Clamp idea from yesterday seems to be playing out as price shifts back upwards stabilizing the equilibrium between the tenkan and kijun on the 4H.
Looking ahead we see the cloud lines up with our horizontal resistance right at $6.5k. This is increasingly important to break above for a continuation of the current rally.
Looking ahead we see the cloud lines up with our horizontal resistance right at $6.5k. This is increasingly important to break above for a continuation of the current rally.