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 April 21, 2022 Ichimoku Trading Opportunity

DOW Futures June Contract


Yellow Line is 4Hr Resistance level, market opened above level but then just ranged.  It wasn't able to make a real rally past the level.  15mins into RTH session, Long opportunity came as Price got above Cloud after going through fat section of it, would've been risky as Chikou line was beneath Cloud.  30mins later was a Short opportunity as Price was rejected at Cloud Span B resistance, after it closed below Cloud Chikou was also in position under Price & Cloud for trade.  Price tested now Support level of 4hr level, failed and market sold off the rest of the afternoon.

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