We also saw Oil ccys ( NOK and CAD) not participating really in the underlying Oil euphoria -> ccy underperfomance
Now we have more and more signals.
- Price remains in the spot Kumo -> neutral. About long term setup and possible patterns pls read my previous post
- Heikin-Ashi candle and haDelta gives a clear signal
- Heikin-Ashi signal has been clearly for last 5 days.
- Price is about to break the wedge!
- Price is below Kijun Sen --> this may trigger further stops
- EWO down to zero
Obviously we don't know how deep the correction can and will go. For major supports we have to watch the weekly chart.
44 ,50 shd be the first tgt based on weekly Tenkan, Senkou B and daily 100wma and Senkou B. In case of a break below 44 ,50, will turn from neutral, and space opens to 39-40 (weekly Kijun)