- Ichimoku setup is neutral: price, Tenkan and Kijun all located in the spot Kumo cloud. Future bias is bullish, as both Kijun and Senkou A point up, and future Kumo is positive (Senkou A is above Senkou B)
- Heikin-Ashi: pull back may end soon. Today and tomorrow candles will be important. haOscillator might bottom out and signal next swing up in coming days if...
- ... if 1,0608-1,0640 support holds as it did in last days.
- Price action in last few days was rather corrective than bearish, as candle just briefly touched first support, where buyers stepped in immediately, and close was also above 100wma.
- EWO has bullish bias above zero
- MACD: below signal line but above zero center line -> signals same consolidation as Ichimoku.
Strategy: try to accumulate moderate long position again during intraday dips, size up in case of a clear Heikin-Ashi buy signal. Stop loss at 1,0590
- Heikin-Ashi: pull back may end soon. Today and tomorrow candles will be important. haOscillator might bottom out and signal next swing up in coming days if...
- ... if 1,0608-1,0640 support holds as it did in last days.
- Price action in last few days was rather corrective than bearish, as candle just briefly touched first support, where buyers stepped in immediately, and close was also above 100wma.
- EWO has bullish bias above zero
- MACD: below signal line but above zero center line -> signals same consolidation as Ichimoku.
Strategy: try to accumulate moderate long position again during intraday dips, size up in case of a clear Heikin-Ashi buy signal. Stop loss at 1,0590
