Daily TF: - Neutral Ichimoku setup with slight bearish bias ahead - Heikin-Ashi is in a sell signal, confirmation needed with a close below 11.68
Weekly TF: - Neutral Ichimoku, after meaningful lower highs printed since July 2024. Thinner forward cloud and flattening 100 weeks WMA shows long term volatility has been decreasing and downtrend in EWO/AO indicator shows fading bullish momentum for last 6 months.
Watch 11.66-11.68 key support zone. A break below opens space to 11.40 target.
Initial SL for starting positions should be set around 11.84-11.86, calculate your position size accordingly.
As informações e publicações não devem ser e não constituem conselhos ou recomendações financeiras, de investimento, de negociação ou de qualquer outro tipo, fornecidas ou endossadas pela TradingView. Leia mais em Termos de uso.