Here we see :-
-EUR/JPY now is moving below the cloud ...and after a period of consolidation we got a nice and clear bearish future kumo after kumo twist signal ... in a nice changing in behavior of the Ichimoku cloud. it's an early signal that maybe put and end to the consolidation movement.
-Price then bounced and re-tested the kijun sen and rejected from it , it could't reach the kumo cloud to retest it .. we noticed that kijun sen prevented the price to move higher and also Price closed below the tenken sen with a nice strong bearish candle.it's another warning signal .
with the confirmation of chikou span which is already moving below both the cloud and price ... we have a clear view of the potential next move and we can think about short opportunities .
-After the last false breakout of the consolidation area ...we need price to break the consolidation area with the confirmation of tenkensen ( Must get out from the consolidation area with the price and stick with it in the down move ) and for sure the supporting of the kijun sen to the down movement
-of course we have to wait until the first hours from the opining time of the market next few days ... so that we can make a Logical and realistic evaluation of the current price behavior to make a good decision about our next move .
Be Sure To Be Ready ...!!
Thanks ...!!
-EUR/JPY now is moving below the cloud ...and after a period of consolidation we got a nice and clear bearish future kumo after kumo twist signal ... in a nice changing in behavior of the Ichimoku cloud. it's an early signal that maybe put and end to the consolidation movement.
-Price then bounced and re-tested the kijun sen and rejected from it , it could't reach the kumo cloud to retest it .. we noticed that kijun sen prevented the price to move higher and also Price closed below the tenken sen with a nice strong bearish candle.it's another warning signal .
with the confirmation of chikou span which is already moving below both the cloud and price ... we have a clear view of the potential next move and we can think about short opportunities .
-After the last false breakout of the consolidation area ...we need price to break the consolidation area with the confirmation of tenkensen ( Must get out from the consolidation area with the price and stick with it in the down move ) and for sure the supporting of the kijun sen to the down movement
-of course we have to wait until the first hours from the opining time of the market next few days ... so that we can make a Logical and realistic evaluation of the current price behavior to make a good decision about our next move .
Be Sure To Be Ready ...!!
Thanks ...!!