4 Hrs timeframe: After first correction to Kumo last week (when I recommended usd longs to 80,40-80,50 tgt ) px dropped back. No surprise as Kumo was too thick and its top was far away. Then we had a nice Kijun pullback with a bullis bar, as first indication might have been back soon. But we all know USD is a tricky one, so at next point it really confused me too, as seemed would print a Kijun Sen breakdown + Tenkan Kijun cross below the Cloud, which in general is considered as a strong signal. But this how important the Chikou Span (lagging line is!). Chikou never came below the price candles to validate the signal, what's more, the candle which pulled Tenkan below Kijun was actually a reversal again. Yesterday massive up, with DMI crossing , px crossed Kijun, Tenkan/Kijun cross, px slightly above Kumo - Kumo breakout strategy will be confirmed above 80,50. Future Kumo is again, Senkou A points up.
On the - cross, means a reversal for relatively longer term. DMI is about to do cross.
BUY USD ON ANY DIPS!