A few things to have a look at:
- EURUSD has been trending lower in a possible wedge. Price being stuck at the lower bound, but never really shows a heavy bearish momentum acceleration down. Instead it looks like a carry driven pressure.
- Bearish supports are comeing lower as time passes: Kijun at 1,1033 and Senkou B at 1,1095. Bullish reversal would take place and a long entry in size would be recommended only above these key levels. Otherwise negative carry will annoy you and destroy you unjustified long positions.
- While the trend is bearish, and EWO is red too, Heikin-Ashi already signals a possible local low: Candle body shrinks, haOscillator crosses up from its low, and haDelta+ may reverse up too, also showing some minor positive divergence.
Reco: Short positions should be eased and/or covered puts can be sold.
- EURUSD has been trending lower in a possible wedge. Price being stuck at the lower bound, but never really shows a heavy bearish momentum acceleration down. Instead it looks like a carry driven pressure.
- Bearish supports are comeing lower as time passes: Kijun at 1,1033 and Senkou B at 1,1095. Bullish reversal would take place and a long entry in size would be recommended only above these key levels. Otherwise negative carry will annoy you and destroy you unjustified long positions.
- While the trend is bearish, and EWO is red too, Heikin-Ashi already signals a possible local low: Candle body shrinks, haOscillator crosses up from its low, and haDelta+ may reverse up too, also showing some minor positive divergence.
Reco: Short positions should be eased and/or covered puts can be sold.
Clause de non-responsabilité
Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.
Clause de non-responsabilité
Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.