Kumowizard

Bullish... but is it so strong and good?

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FX:NAS100   US 100 Cash CFD
6
-Ichimoku setup is bullish.
- Heikin-Ashi is bullish, but we have some warning signals here: candle may have an inside body today, haDelta is above zero, but value is not picking up. More interestingly haOscillator is still below its midline -> negative divergence in momentum
- MACD??? -> below signal line. It is weak, as it also shows divergence to price.

Careful with longs! Don't forget to use trailing stops!

(Note: I marked the post as "Short" because of negative divergences. This doesn't mean it is an immediate recommendation to open a counter trend swing short now. ... but who knows, maybe time to watch)

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