Short, but we need some more confirmation to build bigger size
- Ichimoku looks bearish. But Ichimoku 101 says bearish Kumo breakout is only confirmed if Price closes below previous subst. low! That is 129'02 - 129'09
- Triangle is broken
- Heikin-Ashi turned bearish after bulls failed to keep price above Kumo, but haDelta/SMA3 and candle body signals some consolidation or pull back is possible in coming days.
- EWO is red, but not deep yet.
In case we see a retest to 130, and price action failure there, we can add to shorts, or else we need a break confirmation to go in short with bigger size.
- Triangle is broken
- Heikin-Ashi turned bearish after bulls failed to keep price above Kumo, but haDelta/SMA3 and candle body signals some consolidation or pull back is possible in coming days.
- EWO is red, but not deep yet.
In case we see a retest to 130, and price action failure there, we can add to shorts, or else we need a break confirmation to go in short with bigger size.
