Some deterioration. More pull back exp. below 4H supports.No doubt, the major strategic trend is bullish. However there are multiple signs for a local top, and possibility for more pull back towards daily support zone at 3344-3370:
- Daily Heikin-Ashi shows some weakness
- Daily MACD crossed down: sign of consolidation
- 4H weak bearish Tenkan/Kijun cross, within a neutral Ichimoku setup.
- 4H Heikin-Ashi weakness. Heikin-Ashi may give a sell signal below Kijun Sen.
- 4H EWO shows absolute loss of short temr bullish momentum.
Short term key support is 3400+.
I enterred half unit Short at 3416 with Stop at 3341, TP target at 3360. RR is 2,2.