Kumowizard
Long

Any question about odds and direction?

FX_IDC:EURUSD   EURO / US DOLLAR
199 5 10
Weekly:
1. Ichimoku warning!!! -> neutral setup is turning towards more BULLISH!:
- Look at forward Kumo! Bullish Senkou Span cross 26 weeks ahead!
- Price may close above horizontal Key level this week. Candle top already spiked above Kumo
- Chikou Span is above past candles. This means spot price is higher than any time during previous 26 weeks! Although we have to mention that Chikou is enterring a thick Kumo cloud. There you see the possible resistances ahead of market should it continue bullish upto 1,20.

2 Heikin-Ashi is bullish , momentum is good so far.
3. EWO is bullish

Your long term strategic action must be BULLISH on EURUSD             , alias bearish on USD in general!
When and where to buy, enter more longs is a question which we can try to answer with daily time frame analysis.

Daily:
- Ichimoku setup has been bullish for a while. Sometimes we have a noise with temporary Price/Kijun cross downs, but the trend is clear. Major averages point up!
- Heikin-Ashi signalled this possible profit taking - days ago. No surprise here. But now we have to watch haDelta action, as Price reached first key support at 1,1390 - 1,1415
- Obviously NFP can be decisive. So watch for a clear signal. We have some more supports lower: 1,1335 and 1,1270

Again, the question is not what to do! The question is when!
Strategy is Buy only for now.
PolarSolar PRO
7 months ago
Викторина: найди животное или насекомое (W)
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Kumowizard PRO PolarSolar
7 months ago
??? So? You are sure it will be ard 1,18 by 25/july and it will be a sell then!
Ok, I'll follow your idea, if u r precisely right I will ask you to tell me 5 random
numbers.... Later we split 50:50 ;-)
Reply
PolarSolar PRO Kumowizard
7 months ago
Is a concept - sell on "C" end and no cheaper 1.17

But before, ED must rise up to 1.17+ around end of Jun 16 or may be go to .50 or .618 retracement levels before November 16

Now i agree - short term long only.
Reply
Kumowizard PRO PolarSolar
7 months ago
more clear now with your explanation. But still, we can not know if it will be a sell at 1,18 or not? In fact if it goes to 1,18, both weekly and daily charts will be even more bullish.
We'll see.
Reply
PolarSolar PRO Kumowizard
7 months ago
Watch momentum change bear signal (wide range bar, candle/price action or HaDelta) at rebound of any fibo level, but previews close must not be higher that watching fibo level (If higher - watch next level)

Rebounds best view in traditional candles/bars - not HA.
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