I know you're out, but I'm still short, so what do you think about this market now?
ictradersbrasil
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Looking good for short below 0.7620. Let us see how CAD GDP m/m will act in this order. We have one bearish forecast, but comes with numbers better than expected last month. Anyway will trade this. :)
ForceFollower
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It's been developing nicely, but we still have to wait for new lows...
ictradersbrasil
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Yes. Waiting for it.
ForceFollower
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It looks a bit scary now... I'd better close my eyes for some time.
ictradersbrasil
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The yellow box in my chart show's exactly the point to watch. Above 0.7700 (get out) below 0.7620 we re-enter. There's one congestion now.
ictradersbrasil
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Closed my order at BE, ForceFollower. Waiting others valid entrys.
ForceFollower
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Yes, it has failed. :-( It's a pity.
Now let's see if price finds resistance at the upper parallel of the median line.
ForceFollower
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Based on the Ichimoku analysis on H4:
1) price has broken through the Kijun Sen both on H4 and on D1 (bullish),
2) Chikou Span is still below the candles, so it doesn't confirm the bullish price action yet,
3) price is facing resistance of the bearish channel,
4) price is still below the Kumo cloud,
5) price has Tenkan Sen (D1, MN) and Kijun Sen (W1) still above (potential resistance).
ictradersbrasil
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Yes. I don't expect BUY orders now. Only will enter in sell orders. Trading Ichimoku also.
My ichimoku blog: ichimokuepa.blogspot.com.br
Ate this time, in 4H chart, only looking for one breakout at 0.7260 NZDCHF pair.