Oversold, with positive divergences.
Weekly:
- Bearish Ichimoku / but Price is extremely far below Kijun and Senkou B (equilibrium) -> oversold
- Bearish Heikin-Ashi / but positive divergence in weekly haDelta.
- EWO is bearish, but kind of low print, while Price has reached a possible resistance ard 1,45. (Note that in heavy bear markets and falling knifes these resistances might nor work properly)
Daily:
- Ichimoku is bearish, but price far below Kumo, 100 WMA and Kijun.
- Heikin-Ashi is bearish, with still lower low and no upper wick, but haDelta shows a positive divergence! Watch for Heikin-Ashi pull back signal!
- EWO is at extreme low.
It's time to watch for a swing buy, and reduce short positions (if someone has).
- Bearish Ichimoku / but Price is extremely far below Kijun and Senkou B (equilibrium) -> oversold
- Bearish Heikin-Ashi / but positive divergence in weekly haDelta.
- EWO is bearish, but kind of low print, while Price has reached a possible resistance ard 1,45. (Note that in heavy bear markets and falling knifes these resistances might nor work properly)
Daily:
- Ichimoku is bearish, but price far below Kumo, 100 WMA and Kijun.
- Heikin-Ashi is bearish, with still lower low and no upper wick, but haDelta shows a positive divergence! Watch for Heikin-Ashi pull back signal!
- EWO is at extreme low.
It's time to watch for a swing buy, and reduce short positions (if someone has).