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Kumowizard
Mar 30, 2015 8:34 AM

EURSEK - Update / Possible Short entry below Kijun Sen Short

Euro Fx/Swedish KronaFXCM

Description

Daily:
- Watch Daily Heikin Ashi candle today, as it already looks like buying power is decreasing. Candle may have an inside body.
- haDelta/SMA3 has bearish divergence and a bearish cross. Watch zero line.
- If Price breaks back below daily Kijun, it will be a clear sell signal.

4H:
- 9,3500+ seems to be a bit of a hard barrier for bulls. Price is still stuck in a range
- DMI/ADX shows undecision (counter trend lost momentum)
- Lower supports to watch are: 9,3125 / 9,2750

Comments
Kumowizard
Short entry triggered.
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