Consolidation followed by bearish continuation
Weekly:
- Ichimoku turns firm bearish! Price continues to drop below the Kumo. Chikou Span may give confirmation signal soon by crossing below past Kumo.
- Heikin Ashi is increasingly bearish. After minor consolidation for 2 weeks, we have a firm bearish signal: red candle without upper wick + haDelta/SMA3 bearish cross below zero line.
Daily:
- Ichimoku setup is firm bearish. Price turned down from Kijun Sen.
- After some longer consolidation and a lot of noise, Heikin Ashi turns firm bearish again with increasing momentum.
- Ichimoku turns firm bearish! Price continues to drop below the Kumo. Chikou Span may give confirmation signal soon by crossing below past Kumo.
- Heikin Ashi is increasingly bearish. After minor consolidation for 2 weeks, we have a firm bearish signal: red candle without upper wick + haDelta/SMA3 bearish cross below zero line.
Daily:
- Ichimoku setup is firm bearish. Price turned down from Kijun Sen.
- After some longer consolidation and a lot of noise, Heikin Ashi turns firm bearish again with increasing momentum.
