EURUSD H4 shows bullish momentum as per below Ichimoku confirmations.
Ichimoku Analysis
- Kumo has been bullish and thick
- Price is above Tenkan sen, Kijun sen, and Kumo
- Chiko Span is above the candles
Next Scenario
The market can go up to 1.1989 which is the resistance level from this March. If it breaks, then market can become Sanyaku Kouten at the Kumo breakout in Daily timeframe and can go up to 1.2114 level.
Ichimoku Analysis
- Kumo has been bullish and thick
- Price is above Tenkan sen, Kijun sen, and Kumo
- Chiko Span is above the candles
Next Scenario
The market can go up to 1.1989 which is the resistance level from this March. If it breaks, then market can become Sanyaku Kouten at the Kumo breakout in Daily timeframe and can go up to 1.2114 level.
Forex Kei
Official Website: forex-kei.com
Global Trading School: forex-kei.com/?page_id=2855
KTS Academy: keistradingstrategy.com
Official Website: forex-kei.com
Global Trading School: forex-kei.com/?page_id=2855
KTS Academy: keistradingstrategy.com
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Forex Kei
Official Website: forex-kei.com
Global Trading School: forex-kei.com/?page_id=2855
KTS Academy: keistradingstrategy.com
Official Website: forex-kei.com
Global Trading School: forex-kei.com/?page_id=2855
KTS Academy: keistradingstrategy.com
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.