ZARJPY Daily Chart. Hold your Horses!!
ZAR/JPY, D1 chart.
This is for Ichimoku fans :)
Today or as of this moment or time, Price is sitting at the Kijun Sen (Baseline) and basing on the last candle we can see that there is lack of movement. Kumo is predicting an upward continuation but I think it will be safer to wait before placing a trade until we see some movement. If you are already holding a position or in a trade, this can be a continuation but also be ready to exit if Price crosses Kijun sen and re-enter if Price goes up again (we never know...). If you can wait it out, probably you are in for more pips ahead :)
This is for Ichimoku fans :)
Today or as of this moment or time, Price is sitting at the Kijun Sen (Baseline) and basing on the last candle we can see that there is lack of movement. Kumo is predicting an upward continuation but I think it will be safer to wait before placing a trade until we see some movement. If you are already holding a position or in a trade, this can be a continuation but also be ready to exit if Price crosses Kijun sen and re-enter if Price goes up again (we never know...). If you can wait it out, probably you are in for more pips ahead :)
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