Weekly: - Ichimoku is neutral - Price may go little higher, but 48,50 (Kijun) is quite a resistance above. - EWO is still bearish, MACD is weak
Daily: - Ichimoku setup is back to neutral - Heikin-Ashi is still swing bullish, but we have some warning signals regarding momentum: see haDelta+ and haOscillator (possible momentum weakness in these quantification tools) - EWO and MACD are quite neutral too
I am not satisfied with this momentum to fill my previously expected A-B-C idea. For this reason I exitted all my swing longs. Maybe a mistake, maybe not, but it is not the best setup of my life.
The market is waiting for the 24th, OPEC-Non OPEC meeting day...I wouldn't be concerned, with lack of momentum ahead of it, don't you think?
Or you want to prevent risk going into it?
Kumowizard
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I just don't like this risk that much any more. And meanwhile I am also short EURNOK @IvanLabrie,
IvanLabrie
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@Kumowizard, gotcha, and yeah, NOK is a solid one.
Cheers!
Or you want to prevent risk going into it?