Weekly:
- Bullish trebdline still holds!
- Price back to equilibrium ard 127,50. -> Ichimoku setup is neutral again (not bearish)
- Heikin-Ashi signal goes firm bullish
Bears do not have good chance until price holds above 126, and they will be really squeezed if price spikes above 128!
Daily - more warning signals!
- EWO turns bullish!
- Ichimoku setup back to neutral from bearish as Price enters Kumo cloud, and is attacking short term bearish trendline.
- weak bullish Tenkan/Kijun cross will happen in few days
- Heikin-Ashi signal is bullish, but haDelta has reached a very high print, and we have 127,85 resistance on the top side.
It looks like an improving bullish market. Short term we may see some pull back to Kijun Sen 126,70+, which would mean some more consolidation within the daily Kumo cloud, but given the early signals, I think close to 127 we'll have to watch buy signals and enter long on the next spike... or else, go long on 128 breakout!
So the bear case is easing. Get ready to enter Long OCO 126,85 limit buy / 128,05 stop buy.
- Bullish trebdline still holds!
- Price back to equilibrium ard 127,50. -> Ichimoku setup is neutral again (not bearish)
- Heikin-Ashi signal goes firm bullish
Bears do not have good chance until price holds above 126, and they will be really squeezed if price spikes above 128!
Daily - more warning signals!
- EWO turns bullish!
- Ichimoku setup back to neutral from bearish as Price enters Kumo cloud, and is attacking short term bearish trendline.
- weak bullish Tenkan/Kijun cross will happen in few days
- Heikin-Ashi signal is bullish, but haDelta has reached a very high print, and we have 127,85 resistance on the top side.
It looks like an improving bullish market. Short term we may see some pull back to Kijun Sen 126,70+, which would mean some more consolidation within the daily Kumo cloud, but given the early signals, I think close to 127 we'll have to watch buy signals and enter long on the next spike... or else, go long on 128 breakout!
So the bear case is easing. Get ready to enter Long OCO 126,85 limit buy / 128,05 stop buy.