- is absolutely neutral. In fact this market has not been trending since March/2016 ! Range 1,05+ / 1,14+
For a real confirmation Price should finally break and close below Kumo and 1,10 key level.
Bulls can hope only above 1,1203 (Kijun Sen).
- Heikin-Ashi signal has been , but we defenatley need some momentum gain this week, or else it will fade. his means we need a longer candle and haDelta/SMA3 cross down below zero.
- EWO is . So is , but it also has to come below zero to show Bears are really in power for longer term.
- is until Price is below Kijun and Kumo.
- Price action is extremely chopy and we saw lot of noise even with our noise filtering Heikin-Ashi system. Today the candle is red so far and haDelta is turning lower... but you never know how it will be at the end of the day.
We have 1,10 - 1,1150 tight rane with a possible , which gets tighteras we get closer to ECB meeting in time.
No need to attach now. You can check, but It is an absolute noise around and 100wma (1,1100 equilibrium)
I hold shorts and prefer to add on spikes with 1,05 tgt in focus. Ultimate stop is above 1,1205 ! If market gets there, Bears (including me) will capitulate.