Initiated a short position in EURUSD @ 1.4004.
There is very strong signal from the ichimoku itself to initiate the short position.
The tenkan-sen has cut the kijun-sen while the price is trading above the kumo cloud. A signal indicating a change in trend.
The price itself cut the Kumo cloud from subsequently, a further indication that the change in trend is imminent.
The chikou-sen has also clearly formed below the historical price action.
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