AC showing bearish signals

AC is showing some bearish sentiment based on Ichimoku system. Kijun Sen may cross the Tenkan Sen therefore sending a weak bearish signal and notice that the Chikou Span is giving us a bearish signal as well It shows that price 26 periods ago is higher than the current price.

On the other hand, we have a low-reliability bullish reversal pattern on our candlestick called Harami Cross. This needs strong confirmation by way of a gap up or a large green candlestick.

Caveat!

The following two tabs change content below.

felix

A computer engineer by profession and loves to develop online systems/websites. A self-taught stock trader who loves to share his knowledge and enjoys learning, expanding knowledge and staying well-informed. Most often he uses candlesticks, Fibonacci Retracement levels, Ichimoku system on his technical analysis but loves to hear some rumors as well.

Leave a Reply

}