EURUSD Ichi Analysis - Anticipating Lower
Monthly is Bearish across the board, with the only structural exception being the TK Pinch of price.
Weekly is Bullish, so showing it in a Pullback of the overall Bearish Trend (Based off the Monthly timeframe). While it's above the cloud, it's also put in a Bear Div, followed by a close below the Kijun, one of my favorite signals.
Daily is showing quite Bearish. All 5 Ichi signals are Bearish.
Unless we see a rise in price up and through the Descending Forecast Line on the 4hr, and it's ability to hold that level, as well as above the 4H Cloud, I will be hunting Shorts on this pair for the coming week.
As always, good luck, have fun, and practice solid risk management
Weekly is Bullish, so showing it in a Pullback of the overall Bearish Trend (Based off the Monthly timeframe). While it's above the cloud, it's also put in a Bear Div, followed by a close below the Kijun, one of my favorite signals.
Daily is showing quite Bearish. All 5 Ichi signals are Bearish.
Unless we see a rise in price up and through the Descending Forecast Line on the 4hr, and it's ability to hold that level, as well as above the 4H Cloud, I will be hunting Shorts on this pair for the coming week.
As always, good luck, have fun, and practice solid risk management
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