The Ichimoku is showing signs that there is a reversal in the making on the Eur/Usd.
Double top on the weekly at a monthly kumo top
along with a E wave price pattern.
A weak tk cross which means a possible kumo break.
The sekou span a and b are starting to come together
with the possibility of forming a kumo twist.
If price falls back down and closes at the 1.3501 mark, then chikou span has room to run.
The e wave price pattern formula falls slightly below the monthly kijun.
Above the E wave projected price, there is a future monthly kumo bottom.
There is a fib ratio lining up as well which is above both the future monthly kumo bottom and the monthly kijun.
Double top on the weekly at a monthly kumo top
along with a E wave price pattern.
A weak tk cross which means a possible kumo break.
The sekou span a and b are starting to come together
with the possibility of forming a kumo twist.
If price falls back down and closes at the 1.3501 mark, then chikou span has room to run.
The e wave price pattern formula falls slightly below the monthly kijun.
Above the E wave projected price, there is a future monthly kumo bottom.
There is a fib ratio lining up as well which is above both the future monthly kumo bottom and the monthly kijun.