It may happen later, but not now. Since my last post not just Slow , but almost is too, and also DMI lost its bias. Yesterday there was some buying in this pair due to global risk off sentiment, but in the afternoon Price came back lower. Still for me short term it looks like a buy on dips, with a possible tgt to retest 312 level.
4 Hrs: This time frame is getting interesting now. Tenkan/Kijun made a weak cross, then Price tried to break rthe Kumo and the 4 Hrs , but couldn't make it for first time. Price is back to the Kumo, while Tenkan is still above Kijun Sen, Chikou is above Price candles and DMI lines are and widenning with high .
For me it looks like a buy here, initial stop below 306, tgt 312 - 312,50. Actually if we trade it in a conservative way, the buy entry should be a stop buy at 308,30, when it really starts the move above and the Kumo. Also Slow turn will be a good trigger signal.