A close below the span tomorrow will give us room to go short following candle stick hints today and yesterday.
Closing below the cloud today might indicate further continued short term pressing lows. With March low insight it will be interesting to see if a rejection occurs back up into the cloud. We still nee to wait for the span to pass through the cloud, so for the moment no triggers are valid in these setups.
5 days of gains this week with solid eod data. Watch out for short triggers if we start to form into and below the span.
Coming closer to equilibrium we are seeing some bold moves back into the cloud. I will be looking out in the next weeks for a setup and trigger short providing the recent sentiment does not break march's high.
On Monday we are looking for a good gap to form resistance. We are in short set-up ready for another entry but need to be aware that recent lows did fail to crack the low of march. We might see a good gap this weekend to prop a further move down or a tickle of the cloud.
Executing on a position today short, with the span balance and rejection of Friday levels hinted at further movement down. Will see what happens tomorrow at the 0.754 area for further action in or out.
Tomorrow will be the last day I will give this trade before closing on lack of momentum. Although I am sure it will eventually move down, I cannot cover the top in risk since we have not made definitive moves beyond the last week's bodies. If close below 1.475 then it will stay.
Breaking the hull of the span we see movement down toward target. Potential fuel from a close below the span could be good for a move for those interested in a late entry, however be wary of the support at 1.065 area; with no clear exit at loss it would not be in my appetite.
Support formed on the weekend gap providing a short entry for those who were awake. Myself I will wait for further conditions and further confirmation from candles. Will see what happens at the 0.759 area.
Despite lack of great moves this trade is still active. Bringing down to the bodies of the previous weeks we will possibly see a retest over the coming days allowing for a possible exit beyond 1.475 area
A engulfing bar after last weeks rejection of the cloud. Still waiting for a strong long setup to form.
Still active trade from yesterday not closing in the span after a move up into it.
Despite stop levels on this site matching my platform this is still active for me. Will monitor 4 hour and 1 hour for exit hints.
Only long set-ups are valid, and until stronger indications north are available on this pair, my money stays in the account.
A hint toward short movement has me entered at this area. Skirting around the Span the last days and week might allow for movement on the near term low from last week. Not expecting action to take us far into the low, but could breach the bottom of the bodies of last week. Looking for solid rejections on the 4h and 1h to stay in tomorrow and Friday if movement...
No clear hints in the cloud yet. Shorts are on the table on span crosses and further candle hints.
Indications for a quick inside span short. This isn't a set and forget, intra-day conditions may settle early either way.
No set target, just an entry based on extended information gleaned from candles and price action after a cross under cloud cross. Release 1/2 the position at 134 pips for free running of trade and exit on Candle stick formation PA or Ichimoku.