Kumowizard
Short

Early signals for a possible local top and consolidation

FX:USDJPY   U.S. Dollar/Japanese Yen
222 3 10
Daily:
- Ichimoku is strong bullish , but price got very far above equilibrium level of 106,25. This pace is not possible to sustain, especially at a strong key resistance at/above 111 (-> also a weekly bearish support!)
- Heikin-Ashi has started to signal a possible local             top: candle body shrinks, haDelta is ticking lower.
- MACD histogram also lower, suggests a consolidation ahead.
- EWO             is strong bullish , but it can also peak and retrace from this extreme high value of 4,24.

4H:
- Ichimoku is bullish , but
- haDelta and DM_Oscillator are stuck at zero -> early signal of losing strong bullish momentum.
- Oscillator and EWO             shows some negative divergence already.

Take profit on longs and get ready for a swing short!
awwwwwwwwwwww
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sell from
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@Sadilah, sell when system gives a sell signal. For now it gives signal of bullish exhaustion.
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