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Ichimoku Indicator

07.06.201823:42 Forex Analysis & Reviews: The daily review of GBP / USD on June 7, 2018. Ichimoku Indicator

Long-term review

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GBP / USD

The pound decided to realize the potential of a weekly rebound from 1.3205 (the week-old Senkou Span A). A significant guide now is the monthly Kijun (1.3502) and also the goal for the breakdown of the cloud H4. Further interest for the upward movement will be represented by the levels of the weekly cross and daytime cloud. At the moment, the final lines of the day cross are on the way of the players on the rise (Fibo Kijun 1.3466 + Kijun 1.3434). The most important support now is the daily short-term trend (1.3335), which combined its efforts with the H4 cloud. Intermediate support today should be noted in the area of 1.3400 (Fibo Kijun N4 + cloud H1).

Indicator parameters:

All time intervals 9 - 26 - 52

The color of indicator lines:

Tenkan (short-term trend) - red,

Kijun (medium-term trend) - green,

Fibo Kijun is a green dotted line,

Chinkou is gray,

Clouds: Senkou Span B (SSB, long-term trend) - blue,

Senkou Span A (SSA) - pink.

The color of additional lines:

Support and resistance MN - blue, W1 - green, D1 - red, H4 - pink, H1 - gray,

Horizontal levels (not Ichimoku) - brown,

Trend lines - purple.

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