Update on the current EURUSD position.
All short positions stopped out.
Technical (Ichimoku)
Tenkan-sen above jikun-sen, chikou span has already cut above jikun-sen, and penetrating above the kumo cloud.
Thick kumo cloud ahead, providing good support to the price action forward
Price action trading above the tenkan-sen and kumo cloud, a complete candle period above the kumo cloud.
Strategy (Ichimoku)
This is good to go for a long set up, cannot be more perfect.
Establish long position above the kumo cloud, with stop loss level below the kumo cloud.
NOTE: as this run up was after the First Friday "news" day, I would wait for Monday to go long. Aggressive takers may choose to establish position now.
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