EURUSD 4H Diagram Technical Analysis shows the following:
The EURUSD after some consolidates under the KUMO (4h) reacted above Kijun Sen (weakly bullish). MACD is bullish w/divergence and RSI is near 53..
The first think in mind is that after the KUMO approach a second decline.
There is no special candlestick pattern.
After the invert SHS pattern there is no special pattern. Respecting to fib there is the 2.618 @ 1.27931.
Short for 1.28 stop loss into the KUMO.
The EURUSD after some consolidates under the KUMO (4h) reacted above Kijun Sen (weakly bullish). MACD is bullish w/divergence and RSI is near 53..
The first think in mind is that after the KUMO approach a second decline.
There is no special candlestick pattern.
After the invert SHS pattern there is no special pattern. Respecting to fib there is the 2.618 @ 1.27931.
Short for 1.28 stop loss into the KUMO.
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Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.