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Laggingspan

Price has got under the Ichimoku cloud in 4-hour timeframePrice is actually testing a support of 7632€. Uptrend scenario If price bounces on 7632€ then it might get uptrend again ; The lagging span line is still inside the ichimoku cloud ; The lagging span might bounce on the lower line of the kumo cloud. Downtrend scenario If prices gets under 7632€, and the lagging span line (chikou span line) gets under the ichimoku cloud then that would mean a first confirmation of the downtrend, at least on shorter timeframes.
Short
by trader77974
Price has got over the Ichimoku cloud in 1h-timeframe.And the lagging span line (chikou span line) is actually trying to cross the ichimoku cloiud in one-hour timeframe. If the lagging span line gets over the kumo then that would mean a confirmation of the uptrend at least in one-hour timeframe (for hourly investors). If the lagging span line gets over the ichimoku cloud then one will have then to watch on 4 hour timeframe and daily timeframes to identify potential resistances for the price and the lagging span line.
ALong
by trader77974