EURUSD/ Daily time frame/ Downtrend
tenkensen is below kijensen. price is below tenkensen. current cloud is bearish . Trend is still Bearish .
price is now on an important support.
we also have a valley in the cloud that has tendency to swallow the chart.
trend line and the edge of cloud are tangent which is the good point for the end of correction and continuation of downtrend.
confirmation of downtrend is breaking 1.1150
tenkensen is below kijensen. price is below tenkensen. current cloud is bearish . Trend is still Bearish .
price is now on an important support.
we also have a valley in the cloud that has tendency to swallow the chart.
trend line and the edge of cloud are tangent which is the good point for the end of correction and continuation of downtrend.
confirmation of downtrend is breaking 1.1150