Kumowizard
Long

Noise and indecision, with bullish bias?

FX:EURJPY   Euro Fx/Japanese Yen
68 1 5
Daily:
- Ichimoku is neutral
- Heikin-Ashi has been very mixed for more than a week. Candle noise 114-116 range.
haDelta shows no clear indication, but haOscillator maybe a bit bullish .
- EWO is in bullish territory.
- Tightennin triangle pattern. Bullish break reuires a close above 116,10, while bearish continuation needs a close below 114.

4H:
- Ichimoku setup is neutral to minor bullish
- Heikin-Ashi just gave a buy signal. Will this momentum last?
- EWO is bullish .

Bias is bullish now, but for taking a major position we need to see a close above 116. Big trendfollowers would step in there.

Related Ideas

Kumowizard PRO
2 months ago
4H bullish failure. Daily back to lower support at Kijun and trendline. Direction still not clear.
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