Kumowizard

Loss of bullish momentum

Short
FX:BUND   Euro-Bund
3
Daily:
- Market is overbought. Some continuation failure at possible wedge top.
- Heikin-Ashi shows Bulls are out of power! Pull back is likely ahead.
- Lower EURUSD should also bring some selling in Bund futures.

4H:
- Ichimoku setup is still bullish, but Tenkan and thus Senkou A started to point down
- Heikin-Ashi candles and haDelta at zero shows indecision.
- haDelta and EWO negative divergence is still working

If 4H can't make a higher high, then take next sell signal. Retracement target 166 +/-



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