EURPLN is in a bullish move on the Ichimoku H4 chart. However it just broke the Kijun by initiating a "Draghi" pullback that failed to go deeper than the lower side of a parallel channel where the price is evolving. The flat Kijun at 4.41 offers a good support as well as the current cloud with a SSB at 4.42.
As soon as the trend reverses and the Kijun is broken again, a long entry can be foreseen. Waiting for it is necessary as EUR is a bit of a minefield these days after Draghi speech. SL set at lower side of cloud. TP placed at level 1 of Fibo retracement.
As soon as the trend reverses and the Kijun is broken again, a long entry can be foreseen. Waiting for it is necessary as EUR is a bit of a minefield these days after Draghi speech. SL set at lower side of cloud. TP placed at level 1 of Fibo retracement.