As I wrote yesterday, in case we have further confirmation, I will size up my 1,5 unit to 3 unit full leveraged position. I think the signals are here -> marked by ellipses.
- Heikin-Ashi gave obvious signal with good momentum. haDelta/SMA3 had some shake yesterday, but finally the indicator popped higher above zero. haOscillator is above zero too.
- Kijun Sen turns up. This is not due to last few days price action, as Kijun measures past 26 days average. So the spike in Kijun comes with past candles' lows falling out. Anyway, this is a bullish-like indication, as also Tenkan is likely to turn up soon, and then both lines may get back above the spot Kumo.
- EWO turns shy
- is turning above Kumo cloud. pull backs will likely be bought. Futher confirmation would be Chikou/past Kumo cross (approximately from price above 47,50), and Tenkan+Kijun cross above spot Kumo. Forward Kumo will soon deliver a Senkou cross too.
- Heikin-Ashi is . In pull backs we only look for BUY signals.
- EWO is
If everything goes well, the next daily wave tgt is around 51-52, but as final tgt I expect to reach 60 in next 3-5 months.
The stop loss: based on daily Kijun and 4H Kumo+Kijun, you can trail stops now to 44 or 44 ,10. We will move it up later to break even, and hopefully even higher :-)