With the huge Euro
movements last week, this pair reversed and accelerated all the way back into the cloud. I am looking for a possible buy entry if my confirmations come for this trend to continue. Ideally Chikou span would rise above previous price, and we would get a future kumo twist to bullish
to confirm a trend continuation. If that happens I will enter a buy targeting our previous high of 136.38
If our confirmations remain bearish
, I will not enter.
If our confirmation change from bullish
, the trade will be invalidated.