EURSEK - Small QE vs Big Q should push it lower again
Weekly:
- Ichimoku setup is rather neutral: Price is still above Kumo, just retested Kijun Sen. Chikou Span is about to hit Price candles. Strategic bearish reversal would happen below 9,10-9,15.
- Heikin Ashi candle pattern shows a corrective pull back for the last 4 weeks, but Kijun Sen seems to act as bearish support and also haDelta/SMA3 gives some early indication that the correction may end soon.
Daily:
- Ichimoku setup is neutral, actually as price shooted higher than I previously expected, the Chikou Span and Tenkan/Kijun even started to show some bullish bias, but this signal is confusing a bit as Kijun Sen still points down, while Tenkan Sen points up (I do not consider this signal as a reliable weak bullish Tenkan/Kijun cross).
- Heikin Ashi candles yesterday and today signal loss of bullish momentum or possible bearish reversal. Lower supp/res levels to watch: 9,32 / 9,22-9,25
4H:
- Ichimoku setup is turning to neutral.
- Heikin Ashi signal is turning to bearish.
- In fact, price should break trendline, Kumo and 100 WMA levels at 9,32- to give a reliable sell signal.
Sell some now, sell more below 9,32.
- Ichimoku setup is rather neutral: Price is still above Kumo, just retested Kijun Sen. Chikou Span is about to hit Price candles. Strategic bearish reversal would happen below 9,10-9,15.
- Heikin Ashi candle pattern shows a corrective pull back for the last 4 weeks, but Kijun Sen seems to act as bearish support and also haDelta/SMA3 gives some early indication that the correction may end soon.
Daily:
- Ichimoku setup is neutral, actually as price shooted higher than I previously expected, the Chikou Span and Tenkan/Kijun even started to show some bullish bias, but this signal is confusing a bit as Kijun Sen still points down, while Tenkan Sen points up (I do not consider this signal as a reliable weak bullish Tenkan/Kijun cross).
- Heikin Ashi candles yesterday and today signal loss of bullish momentum or possible bearish reversal. Lower supp/res levels to watch: 9,32 / 9,22-9,25
4H:
- Ichimoku setup is turning to neutral.
- Heikin Ashi signal is turning to bearish.
- In fact, price should break trendline, Kumo and 100 WMA levels at 9,32- to give a reliable sell signal.
Sell some now, sell more below 9,32.
