As we do at the start of every week, let’s zoom out to reset our biases with a weekly view and Ichimoku analysis.
The current chart couldn’t be more bullish!
The Kumo is bullish, the price is above both the Tenkan and Kijun (and by the way, the Tenkan has finally crossed above the Kijun!), and the Chikou is no longer stuck below the price, meaning there's no more resistance!
In short, everything looks extremely bullish, and all that’s left is for the price to hit a new high, sending us into price discovery for the second leg of the bull run.
Are you ready?
