Today's candle body will be either a doji-like, with both upper and lower wick, or still a green one but with a very small body. The body of the candle is within the body range of the previous one.
haDelta is deeper below its SMA3. Also important to note that with recent peak, haDelta has reached an extreme level, which also good indication for a possible top soon.
If you switch to regular candles, you can see that probably today's price action is due to position squaring before ECB announcement. However if tomorrow ECB delivers less than expected, the wave will quickly end in a selloff, with Price retesting Kijun Sen, Kumo and again.
There is also Greek election ahead this week end. More or less everybody expects radical Syriza to win. The question is if that risk is priced in or not? Will it be a sell the fact, or will it be further ignored?
For Bulls it is probably time to reduce exposure. Wether it is good or not for a short now is still a question. Probably we need to see minimum the close for today. Of course the Heiken Ashi confirmation would be a red candle with haDelta and SMA3 going below zero too.
p.s.: I was just about to send this post, when AGAIN the leak came from "ECB sources" about the .
There is something I don't understand... Isn't this market manipulation??? Shouldn't it be investigated?
Anyway, at the end of the day the closing will matter.