On the Tenkan-sen line is above Kijun-sen, the lines are horizontal . Confirmative line Chikou Span is above the price chart, current cloud is ascending. The instrument has been corrected to the Tenkan-sen line. The closest is Kijun-sen line (86.513). One of the previous maximums of Chikou Span line is expected to be a (89.043).
On the four-hour chart we can see a correction of the downward movement. On the we can see a correction of the downward movement. It is recommended to open long positions at current price with Take Profit at the level of previous maximum of Chikou Span (89.043) line and Stop Loss at the level of Kijun-sen line (86.513).
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