Kumowizard

Market is bullish, but extremely overbought!

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FX:NAS100   US 100 Cash CFD
2
The Bullish "W"endetta pattern is perfectly comepleted... with the help of big talker Super Mario Draghi!!!!

Daily:
- Extremely bullish Ichimoku setup, but price got too quickly too far above equilibrium level measured by Kijun Sen! -> Market overbought
- Heikin Ashi is bullish, but haDelta prints an extreme high! -> Market Overbought
- Price reached bullish channel top! This pace is impossible to maintain.

A pull back to 4460-4500 is necessary to happen. Bulls need to chill down.

4H:
- Ichimoku bullish. Key reversal support level is up to 4455-4460!
- Heikin Ashi started to signal bullish consolidation after huge candle and extreme haDelta high print. A pull back to Kijun Sen ard 4500 +/- is very possible to happen!

(I enterred 0,5 unit top hunting short!)

You can see now the poswer of Ichimoku and Heikin Ashi!

Please follow me on Twitter for more hints

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