AUDUSD - Chance to retest 0,7950 - 0,8000
Weekly:
- Ichimoku setup is long term bearish, but Price is far below Kijun Sen and Senkou B. After such a big move Price tends to pull back towards equilibrium
- Heikin-Ashi candle suggests consolidation or pull back ahead. haDelta crosses above SMA3, but still below zero line
- weekly bearish supports are: 1st ard 0,7950-0,800 (Tenkan Sen and steep trendline), 2nd will come ard 0,8350-0,8400 (as time passes, Kijun Sen will come lower)
Daily:
- Small but green Heikin-Ashi candles after a possible short term double bottom, haDelta and SMA3 back above zero
The Oscillator turned bullish
- Ichimoku Setup is bearish, but a flat Kijun Sen may attract Price.
- A pull back is more likely, but Kijun Sen and the Kumo will act as strong bearish support.
4H:
- weak bullish Tenkan/Kijun cross happened few days ago, and now Chikou Span made a medium bullish cross.
- Price is flirting with Kumo top. A breakout needs confirmation later in with Chikou also crossing above past Kumo
- Watch bullish Senkou Span cross
- HA candles are bullish with increasing haDelta and SMA3, Oscillator is bullish too.
After a Kumo breakout dips should be bought with stop below 0,7720 and with tgt at 0,7950-0,8000
- Ichimoku setup is long term bearish, but Price is far below Kijun Sen and Senkou B. After such a big move Price tends to pull back towards equilibrium
- Heikin-Ashi candle suggests consolidation or pull back ahead. haDelta crosses above SMA3, but still below zero line
- weekly bearish supports are: 1st ard 0,7950-0,800 (Tenkan Sen and steep trendline), 2nd will come ard 0,8350-0,8400 (as time passes, Kijun Sen will come lower)
Daily:
- Small but green Heikin-Ashi candles after a possible short term double bottom, haDelta and SMA3 back above zero
The Oscillator turned bullish
- Ichimoku Setup is bearish, but a flat Kijun Sen may attract Price.
- A pull back is more likely, but Kijun Sen and the Kumo will act as strong bearish support.
4H:
- weak bullish Tenkan/Kijun cross happened few days ago, and now Chikou Span made a medium bullish cross.
- Price is flirting with Kumo top. A breakout needs confirmation later in with Chikou also crossing above past Kumo
- Watch bullish Senkou Span cross
- HA candles are bullish with increasing haDelta and SMA3, Oscillator is bullish too.
After a Kumo breakout dips should be bought with stop below 0,7720 and with tgt at 0,7950-0,8000