Weekly:
- Consolidation is taking place around Tenkan Sen. A close above Tenkan would be first weekly bullish signal, indicating further pull back towards Kijun Sen.
- haDelta seems to be turning up again. A bullish cross and a move above zero line would give a further push towards higher levels. Important to see how this week's candle will develop. Oscillator stays bullish.
Daily:
- Most importantly Kijun Sen holds again. Bears tried it again today, but could not push price below 48,75-95 support area. Chikou Span is also turning up from past candle tops.
- Heikin Ashi candle turns green, with haDelta/SMA3 bullish cross. haDelta attempts to slip above zero line. Positive divergence in haDelta persists.
- A close above daily Tenkan Sen would confirm further bullish Price action towards range top at 54, or maybe even higher to 56
4H:
- You may think you are late with buying, but if you look at 4H time frame you realise you are not. Price has just broke above Kijun Sen and is just trying to break the small bearish trendline. With current bullish candle we will have a weak bullish Tenkan/Kijun cross too. Chikou Span is also making a weak bullish cross above Price candles.
- Heikin Ashi candle isbullish with a long body, thus haDelta makes a bullish cross again above zero line. Oscillator is bullish.
- Expect massive short covering in case of a break above 51 (Kumo top)
- Consolidation is taking place around Tenkan Sen. A close above Tenkan would be first weekly bullish signal, indicating further pull back towards Kijun Sen.
- haDelta seems to be turning up again. A bullish cross and a move above zero line would give a further push towards higher levels. Important to see how this week's candle will develop. Oscillator stays bullish.
Daily:
- Most importantly Kijun Sen holds again. Bears tried it again today, but could not push price below 48,75-95 support area. Chikou Span is also turning up from past candle tops.
- Heikin Ashi candle turns green, with haDelta/SMA3 bullish cross. haDelta attempts to slip above zero line. Positive divergence in haDelta persists.
- A close above daily Tenkan Sen would confirm further bullish Price action towards range top at 54, or maybe even higher to 56
4H:
- You may think you are late with buying, but if you look at 4H time frame you realise you are not. Price has just broke above Kijun Sen and is just trying to break the small bearish trendline. With current bullish candle we will have a weak bullish Tenkan/Kijun cross too. Chikou Span is also making a weak bullish cross above Price candles.
- Heikin Ashi candle isbullish with a long body, thus haDelta makes a bullish cross again above zero line. Oscillator is bullish.
- Expect massive short covering in case of a break above 51 (Kumo top)
