Daily:
- new signal: Heikin Ashi candle today can be a doji or a small green with upper and lower wicks, haDelta/SMA3 further up. -> short term bearish bias decreases
4H:
- Ichimoku setup is turning to neutral from bearish. Price may cross above Kijun Sen, and Chikou Span hits Price candles. A weak Tenkan/Kijun bullish cross should give further short term bullish confirmation later
- Heikin Ashi candle is green with no lower wick, haDelt/SMA3 bullish, Oscillator is bullish
- SMI chance to make a bullish cross (for now it means bearish bias is off)
1H:
- We have higher lows and Ichimoku setup is turning to bullish: Price is above Kumo and Kijun Sen, Tenkan/Kijun bullish (both above Kumo), Chikou Span climbs above past Kumo too. DMI is bullish.
- Heikin Ashi signals small hesitation is possible. Support is 1155 - 1157
- Minor resistance is at 1165. For bullish acceleration Price needs to break above this.
Entry should be either on a buy signal at/from 1155 or on a break above 1165. Tgt is still 1180-1190 area.
Of course this idea will depend on general USD correction, and a break back below 1149 invalidates this idea.
- new signal: Heikin Ashi candle today can be a doji or a small green with upper and lower wicks, haDelta/SMA3 further up. -> short term bearish bias decreases
4H:
- Ichimoku setup is turning to neutral from bearish. Price may cross above Kijun Sen, and Chikou Span hits Price candles. A weak Tenkan/Kijun bullish cross should give further short term bullish confirmation later
- Heikin Ashi candle is green with no lower wick, haDelt/SMA3 bullish, Oscillator is bullish
- SMI chance to make a bullish cross (for now it means bearish bias is off)
1H:
- We have higher lows and Ichimoku setup is turning to bullish: Price is above Kumo and Kijun Sen, Tenkan/Kijun bullish (both above Kumo), Chikou Span climbs above past Kumo too. DMI is bullish.
- Heikin Ashi signals small hesitation is possible. Support is 1155 - 1157
- Minor resistance is at 1165. For bullish acceleration Price needs to break above this.
Entry should be either on a buy signal at/from 1155 or on a break above 1165. Tgt is still 1180-1190 area.
Of course this idea will depend on general USD correction, and a break back below 1149 invalidates this idea.
