Daily: Bullish trend got exhausted. ADX down sub 20. Price enterring Kumo, and Chikou Span is slowly coming below Price candles. Real bearish reversal would take place below 9,1450, bearish acceleration would come below 9,04. MACD bearish, Slow Stoch sell signal.
4 Hrs: Bearish DMI cross with ADX at 28. Price dips below recent Kumo and the bullish trendline. Tenkan/Kijun weak bearish cross. Chikou below Price.
Go short in 9,1870 - 9,2150 area with 9,2525 stop. First tgt 9,10.
Commentaires
Kumowizard
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Breakdown finally. Looks like USDSEK long unwinds help this move. Watch for daily Kumo break now!
Kumowizard
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Total flat line since it came below 4 Hrs Kumo. We really need a follow through here and not just below 9,1770, but the nice one would be below 9,1480 which is Daily Kumo and horizontal support. There the party would start.