Weekly:
- Ichimoku setup is still neutral, but if Price breaks back below 965 it will turn to bearish
- Heikin Ashi signal this week is worrysome, especially that Tenkan/Kijun may cross bearish too
- Last support is 365
Daily:
- Ichimoku setup is turning more bearish: strong bearish Tenkan/Kijun cross, everything is below the Kumo.
- The possible early Heikin Ashi reversal signal at minor trend and horizontal support is the last hope for bulls. No lower low so far compared to low on 19/March. If Price can move higher from here, then Bulls will have some more chance to attack a thin Kumo ard 383 again. However it can turn bullish only above 390.
Maybe it is better not to touch it now.
- Ichimoku setup is still neutral, but if Price breaks back below 965 it will turn to bearish
- Heikin Ashi signal this week is worrysome, especially that Tenkan/Kijun may cross bearish too
- Last support is 365
Daily:
- Ichimoku setup is turning more bearish: strong bearish Tenkan/Kijun cross, everything is below the Kumo.
- The possible early Heikin Ashi reversal signal at minor trend and horizontal support is the last hope for bulls. No lower low so far compared to low on 19/March. If Price can move higher from here, then Bulls will have some more chance to attack a thin Kumo ard 383 again. However it can turn bullish only above 390.
Maybe it is better not to touch it now.
