Looking at weekly Ichimoku Chart, We can notice that trend has entered the Cloud (Kumo) which tells us that we are going into a correction wave that makes me expect Zigzag, Flat, or combinations before trend leaves the cloud into another major trend. With a wide cloud width that informs a high volatility are possible in near future.
We notice a double bottom at ABC ZigZag correction which indicate an upward movement on our way.
With a trend just above kumo and below R1 gives a short drop (Pullback). We see here also a double bottom with a higher low RSI that indicate a strength increasing in trend. I will trade once Trend breaks R1 level.
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