- setup is confirmed
- After brief retest to Kijun and , Heikin-Ashi signal is with increasing momentum again.
- EWO is , value is going more negative.
- One candle ago I posted on Twitter that it was right about to break a perfect triangle.
- Now all setup and price action is confirmed bearish!
Hold shorts and keep on selling EURUSD! Leverage up!
1. If USD gains more strength, seriously, we can not think it is gonna be good for EM and US equities in the long run. It will kill US corporate .
2. On the other hand, lower EURUSD means kind of monetary easing done by Mr. Market for Europe. Ergo European stocks may have a reliefe for some time.
3. If EURUSD goes lower, neither the ECB will be under so much pressure to increase immediately. -> Can be for overbought bonds. Sell German 10y Bund!