Possible local top in EURUSD...
To wrap up the trading week, let's take a look at eurusd.
Weekly: We have doji HA forming this week. Weekly macd is still up. But Tenkan and Kijun are far from price and we can see some retracement here. Chikou is finding cloud resistance.
Daily: We have still bullish ichimoku. Macd is crossed down . 4h cloud is broken as you can see for yourself.
I am expecting some retracement to 1.1 level . Will be watching this next week for short opportunities.
I will be holding my positions to next week.
Happy trading.
Cheers..:))
Weekly: We have doji HA forming this week. Weekly macd is still up. But Tenkan and Kijun are far from price and we can see some retracement here. Chikou is finding cloud resistance.
Daily: We have still bullish ichimoku. Macd is crossed down . 4h cloud is broken as you can see for yourself.
I am expecting some retracement to 1.1 level . Will be watching this next week for short opportunities.
I will be holding my positions to next week.
Happy trading.
Cheers..:))
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