From 1,1380+ it pull back even below Kijun Sen. This move changed the setup to neutral again.
I think the selling should chill down here, but let's see the details.
- Price back below Kijun, still above spot cloud, but slightly below forward Senkou B -> Kumo shade ahead
Chikou Span back to past Kumo and past candles (shd be a support)
- bullish trendline is close together with 100WMA at 1,0950. This should act as a strong support/resistance for now.
- Heikin-Ashi is bearish, but watch haDelta/SMA3 -> fails to make a lower low and may turn higher.
- EWO down to zero -> neutral
As usual, do not try to catch the bottom, don't go long in big just because you think it shd stop selling here. Buy big when you have a signal. For this you need to see a reversal in Heikin-Ashi candle, haDelta to move above zero and price breaking back above Kijun.
I think the selling should chill down here, but let's see the details.
- Price back below Kijun, still above spot cloud, but slightly below forward Senkou B -> Kumo shade ahead
Chikou Span back to past Kumo and past candles (shd be a support)
- bullish trendline is close together with 100WMA at 1,0950. This should act as a strong support/resistance for now.
- Heikin-Ashi is bearish, but watch haDelta/SMA3 -> fails to make a lower low and may turn higher.
- EWO down to zero -> neutral
As usual, do not try to catch the bottom, don't go long in big just because you think it shd stop selling here. Buy big when you have a signal. For this you need to see a reversal in Heikin-Ashi candle, haDelta to move above zero and price breaking back above Kijun.
