- Ichimoku setup has minor bullish bias, but
- Heikin-Ashi quantification tools (haDelta+ and haOscillator) signal possible momentum weakness and reversal at 313 key level
- If price cannot break above 313,50, it may develop a Head and Shoulders pattern -> neckline and also Kumo supp/res is at 311,05
- In case of a sell signal and a 311 brealdown confirmation, price target would be 307-308.
As this cross has been moving in 307-314 range for quite a long time, it seems to be a better RR here to sell it anyway. Watch and get ready!
- Heikin-Ashi quantification tools (haDelta+ and haOscillator) signal possible momentum weakness and reversal at 313 key level
- If price cannot break above 313,50, it may develop a Head and Shoulders pattern -> neckline and also Kumo supp/res is at 311,05
- In case of a sell signal and a 311 brealdown confirmation, price target would be 307-308.
As this cross has been moving in 307-314 range for quite a long time, it seems to be a better RR here to sell it anyway. Watch and get ready!