Hi guys I just think this currency is very attractive or do you also believe that we have an attractive trend ahead? Our long-term downtrend line is preserved. As a result, we do not expect an upward trend in the medium term. However, due to the engolfing of the resistance area and maintaining the support area of $0.4856, and most importantly the price lag in...
Looking to go Short on Eurjpy below 158.00 targeting support levels 157.222, 156.862, 155.801 with stops above resistance 158.555
Back in January to start the new year Bitcoin was still around 18k and I posted an idea about Bitcoin gearing up for a massive runup toward 36k. Im not going to go deep into that post but I will post the link within this post. I point that out due to the fact that even though we still have not hit that target yet, we still almost immediately after that post...
One of power Ichimoku strategy. Stoploss above the cloud and target as drawing.
General outlook The overall market trend is still downwards and I expect that we will see more in Q1 downward pressure due to adjustment of earnings and the higher and higher possibility of, at least, a mild recession in the US and EU. The Crypto market will also be pointing further downwards as the stock and crypto markets are still highly correlated. The...
Hello dear friends On the daily time frame, the positive divergence of the RSI with the downtrend line has created a bearish wedge pattern for us. Until the $5.584 range is fully consumed, the bullish outlook is weak. But if the range of $2.618 is maintained, we can hope for the completion of the wedge pattern. On lower timeframes, the drawn bearish scenario...
Bitcoin crossed the cloud and I can expect short-term growth from it, I have drawn targets with lines.
Based on Ichimoku lines Kijunsen situation and fibonacci levels
NOT A FINANCIAL ADVICE, FOR EDUCATIONAL PURPOSES ONLY Short positions below 0.84250 with targets at 0.83600 & 0.82500 in extension. Pivot: 0.84250 Comments: Chikou breakout, Tenkan sen kijun sen crossover, Tenkan and kijun pointing down, Kumo cloud twist, trendline break.
‼️Not a financial advice, for educational purposes only‼️ Short positions below 1.4800 with targets at 1.4600 & 1.43800 in extension. I’m placing sell limit orders at 1.4800. Comments: chikou breakout, tenkan kijun cross, kumo cloud twist, double top
Not a financial advice, for educational purposes only! Bullish sentiment above 153.00. Lesson: When using Ichimoku Cloud, it is important to look where is the chikou span. In this case, it is currently sitting inside the cloud so no trades. To avoid fake setups, the chikou span is your friend. It is also good as s/r tool! comments: EARNINGS COMING in 27 JULY...
The simultaneous breaking of the purple downward trend line and ichimoku cloud to the top gives initial buy signal. To confirm the signal, the volume and RSI should be checked. Also, Ichimoku confirmations including baseline and lagging span will help.
Hi again There is a possibility that the price can raise itself up to the yellow area, $0.00414! 1) We must not forget that the price range of $0.00358 in the daily time frame has been engulfed! 2) On the other hand, RSI has a positive divergence in the daily time frame! 3) Currently, in the one-hour time frame, the price inside a pattern is a triangle! Do...
So, i really like the cloud. it has everything kind of built in and i think it's great. i have not been successful EVER at trying to use it for buy sell signals. so i am now experimenting with it for a secondary confirmation of s/r levels. i haven't tested it as i am currently doing now. live trading. It seem on the settings 20 60 120 30 it truly verifies s/r...
Analysis: According to Ichimoku signals: Daily, 4-hr and 1-hr downtrending. For extra sell confirmation i switch to Stochastics and Bollinger Bands. I will wait for price to break inside bar to downside. Stoploss @ 1.58149 (70 pips) Target is strong resistance @ 1.54862. Risk to Reward 3.85. Potential pips 235. I will exit early if price breaks yellow trendline in H1.
In the weekly time frame,doge coin is in the descending channel.At 10.65 cents,equals the channel mid line,a strong support line has formed.At 21.43 cents,which is equal the top line of the channel,a strong resistance has formed.This resistance line will coincide with the arrival of the Ichimoku Cloud in the coming weeks.
BTC seems creating a pivot, swallow the orders above, clear path to the up levels, the first important one is 43.7K ... less than 3.5% stop loss with a more than 23% reward expected ...