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Kumowizard
22. Sept. 2015 10:34

Consolidation followed by bearish continuation Short

Euro Stoxx 50 index of European listed sharesFXCM

Beschreibung

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.
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