By: Fadi Steitie
Currency: EUR/USD
Trend Expected Direction: Range
Strategy: Ichimoku Kinko Hyo
Description:Trend just jumped above 9 days Tenkan (Blue) which shows a bullish signal that with a flat 52 days Senkou (Orange) as shown by the arrow. Flat Senkou act as a gravity to the trend although the sentiment (26 Span A is Below 52 Span B) shows a long term bearish movement. Also we can notice a drop in Kijun(Red) toward trend which tells a weakness in resistance. This is a very short movement that is slightly bullish with a Window of Correction according to Japanese. I expect the trend hits Kijun sen (26 days red).
Action: Long
Target Area:1.35350
Stop Loss: 1.33250
Risk: N/A