Tenkan-sen cut below Jikun-sen just after 2000h. The price never moved much from there onwards, but trending lower in a gradual manner.
The price moved into the kumo cloud region, and finally cut through the kumo cloud. However, chikou-span had yet cut through the cloud.
Chikou-span traded below the cloud just before 2100h. The price appeared to be consolidation mood. It was noted that tenkan-sen was about to cut jikun-sen, decided to take a conservative position instead to short at the market.
The price never traded lower, it went the other way, up north. Was stopped out.
A loss day, called it a day.
Review: To note that if chikou span cut below the cloud when tenkan-sen about to cut above the jikun sen (While below the cloud), stay out....or long?
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