SX5E: Ichimoku indicators analysis - Обзоры экспертов БКС Форекс
smartmoney.oneLet's look at the four-hour chart. Tenkan-sen line is above Kijun-sen, the lines are horizontal . Confirmative line Chikou Span is crossing the price chart from above, current cloud is descending.The instrument is trading below Tenkan-sen and Kijun-sen lines; the Bearish trend is still strong.
One of the previous minimums of Chikou Span line is expected to be a support level (3027.7).The closest resistance level is the upper border of the cloud (3215.7).On the daily chart Tenkan-sen line is below Kijun-sen, the red line is directed downwards, while the blue one remains horizontal.Confirmative line Chikou Span is below the price chart, current cloud is descending.