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Kumowizard
Feb 22, 2016 3:12 PM

Let's have a cup of coffee... or more? Long

Description

- Ichimoku setup is rather neutral as Chikou Span still at past candles, Kumo is very thin above Price, and Price is very close to all average lines (Tenkan, Kijun and Kumo). This means no real bearish momentum until price holds above 113.
- Heikin-Ashi shows some positive divergence. Price is little bit up from key resistance, which pushes haDelta/SMA3 above zero line too.
- EWO has been building a multiple bullish divergence as well.

Strategy: bought 0,5 trade unit today at 117,20, I placed initial stop at 112,50. I would size up longs on a valid break above 120-122.

And now I go and drink my daily regular 4th cup of espresso... the more we drink the bigger future demand will be! :-D
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