GBP/CAD: Ichimoku indicators analysis - Обзоры экспертов БКС Форекс
Let's look at the four-hour chart. Tenkan-sen line is above Kijun-sen, the red line is directed upwards, while the blue one remains horizontal.
Confirmative line Chikou Span is crossing the price chart from above, current cloud is descending. The instrument has broken through Tenkan-sen and Kijun-sen lines.
One of the previous minimums of Chikou Span line is expected to be a support level (1.6888). The closest resistance level is the upper border of the cloud (1.7112).On the daily chart Tenkan-sen line is above Kijun-sen, the lines are horizontal .
Confirmative line Chikou Span is below the price chart, current cloud is descending. The instrument is trading below Tenkan-sen and Kijun-sen lines; the Bearish trend is still strong.
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