This is a chart I have been playing around with. It is a daily chart which also shows the weekly MACD. I can also see if the weekly candle was green or red. It is quite good when flicking through charts to see at a glance and then I can have a closer look later. It is a shame that I cant see the weekly kijun sen on the daily chart. Anybody know how I can do that? I would appreciate if you could tell me.
Straight away here I can see the price is in the kumo. The weekly MACD is crossed down but the daily MACD is still crossed up. At a glance I can see that this is a consolidation with potential for a bearish breakout. Target down to 44.00 initially.