- setup gets some momentum, as average lines started to point up again, Tenkan and Kijun spike above Kumo cloud.
- Heikin-Ashi signal from important supports.
- is close to deliver a cross.
- The long monitored pattern is more likely to get a confirmation, for this price has to break neckline around 50.
Based on weekly chart continuation is very likely, momentum would pick up above 50 to send price towards measured target of 60.
- setup turns firm
- Heikin-Ashi signal is , with minor warning of some consolidation or a pull back from 48,50-48,80 first resistance. haDelta turns down from extreme high.
- DO NOT SHORT this market. trade is long from value entry point. A retest closer to 46 shd be monitored closely for a buy signal!