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EUA Carbon to 30 Euros by year end?

According to the Ichimoku “Cloud” charts we shouldn’t rule this idea out, but there are some hurdles along the way. Let’s start by looking at some old charts…

This is the daily “Cloud” chart going back a year ago to Decmeber 2018. It shows that once we got above the top of the Cloud the market

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By in technical analysis

EUA Carbon Technical Analysis

“Evening Star” at resistance to call a halt to the recent rally?

In candlestick analysis one of the more powerful reversal patterns is the “Evening Star”. According to my book the “rules” for an Evening Star are as follows:

So what we’ve just seen on the daily chart

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