Positive momentum divergence, short term up, long term we'll see
- Price reached minor bullish trendline suppoort and Daily Kumo support today.
- There is some positive haOscillator divergence on 4H chart.
- A short term bounce to 1213+ is possible, then we'll see. For now I'd not run into any shorts. However if price cannot recapture Daily Kijun and close above 1213-1216, then next sell signal Will smash Daily setup.
Position recommendation: strategic neutral for now. Watch signals around 1213
- There is some positive haOscillator divergence on 4H chart.
- A short term bounce to 1213+ is possible, then we'll see. For now I'd not run into any shorts. However if price cannot recapture Daily Kijun and close above 1213-1216, then next sell signal Will smash Daily setup.
Position recommendation: strategic neutral for now. Watch signals around 1213