2x2 ellipses + multi time frame bullish Heikin Ashi and Ichimoku signals tell you the whole story. Levels: 47+ and 50.
No more comments now.
The bull may start running again! Long has better and improving risk/reward! Buy on any dips!
p.s.: also watch NOk which is really lagging. Add to CAD longs. And watch energy sector shares.
Comments
arrowbing
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Any update with today's big drop? How long will this strategy likely to hold?
Kumowizard05
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U can see my update on Twitter.
So far it is a correction. 4H and daily Ichimoku setup still bullish.
Of course such big pull backs are not so good, as question healthier bullish behaviour, but not yet very dramatic.
Commodities normally are very volatile.
Kumowizard05
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Of course I can not exclude that it dips back to Kumo again. It is always hard to deal stg with a trendfollowing system, when the certain asset is not trending.
A-shot
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Nok norwegian krone? CAD - canadian dollars?
Kumowizard05
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Yes. CAD reacted, NOK not yet.
A-shot
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Funny cause ive felt some positive upside in those two, and bought them only for now :)