- setup is , but with signs tópointing towards more neutral: weak Tenan/Kijun cross, Price could not make a lower low and still trades at Kijun Sen (9 weeks average)
- Heikin Ashi shows undecision, consolodiation and a possible bias ahead for next weeks: like candle with small green body (watch close today), haDelta/SMA3 cross up, with exisiting positive divergence
- setup is biased, but for real confirmatio Price should clear 1,0820.
- Heikin Ashi started to show drop in momentum: in case today candle will have an inside body with no lower low, the next candle on monday may bring a reversal signal. It looks like bears don't have enough power to break 1,09. If this will be the case, then there is good chance for a mini pattern to develop, with a neckline ard 1,1120. That is exactly the level of Senkou B, which means a break of 1,1120 could send price up to inv pattern's measured tgt at 1,14, where we also have the major downtrend line.
Please note that this idea of the small inverse Head and Shoulder pattern is just one possibility, with some, but still below 50 % chance. So I can not and do not want to project this move will happen. For now I need to see at least one further Heikin Ashi signal to increase the chance of this scenario and to enter reasonable long with higher probability.