EURUSD 4H Diagram Technical Analysis shows the following:
The EURUSD after some consolidates under the KUMO (4h) reacted above Kijun Sen (weakly bullish). MACD is bullish w/divergence and RSI is near 53..
The first think in mind is that after the KUMO approach a second decline.
There is no special candlestick pattern.
After the invert SHS pattern there is no special pattern. Respecting to fib there is the 2.618 @ 1.27931.
Short for 1.28 stop loss into the KUMO.
The EURUSD after some consolidates under the KUMO (4h) reacted above Kijun Sen (weakly bullish). MACD is bullish w/divergence and RSI is near 53..
The first think in mind is that after the KUMO approach a second decline.
There is no special candlestick pattern.
After the invert SHS pattern there is no special pattern. Respecting to fib there is the 2.618 @ 1.27931.
Short for 1.28 stop loss into the KUMO.
