Good morning I share my humble analysis on the movement that the LIBRA could adopt against the YEN this week.
- In lower graphs the clouds of ichimoku are located just in the FIB levels of correction, which makes me think that the price will have a setback, yesterday it was quite difficult for him to go down, there is a strong pressure from bulls.
- But the reason is not other than in graph 1D has crossed the Ichimoku Cloud RED color and if we look back sometimes whenever he has done it has had a strong movement towards the direction of breakage, it is a clear signal of change of trend.
- In graph 4H is touching the TENKAN-SEN line that in very bullish tendencies makes of support, be attentive.
- MONDAY is a holiday in JAPAN, we may find it trying to break the bearish resistance attentive!