Price after bearish break from bullish Kumo successfully retested this area. Maybe in this place there will be any sell signal, then we can consider going short.
On the H4 chart we can see, that the price broke out of bullish Kumo and below daily support. This level is not defended too strong, there are breakouts, but despite that it is a great place to look for a short opportunity. For instance, if current bearish candle will end in a form of a pin bar, we can think about opening short position targeting another support.
On the daily, price is still running in the cloud, indicating we're not quite sure which way the long term trend will go. That being said, there is still room for price to move to the upside here. I am looking for a buy off of support at the cloud or kijun sen. I'll target just below the previous high, but I may just close half the position there and let the rest...
This analysis is coming from the daily, but a 4 hour chart can be used to help confirm an entry. I am lookign for a trend continuation trade here since all signs are remaining bearish. I am targeting a level of previous support as drawn out on my chart. We may get some movement to help boost this trend as well with the passing of the new tax bill. If our bearish...
This pair was heavily affected by news last week before starting a free fall. I am watching to see if we hold support at Kijun sen to consider a buy for a trend continuation. If price does not hold at kijun then this trade will be considered invalidated. I am also watching to see if the future cloud remains bulliish and our other confirmations change. If the...
Moving averages are lining up on the 30 minutes for a push and looks to be at the ichimoku. I'm looking for a break of that ichimoku cloud... risk is 0.33% while profit target is 2-2.3%
it s interested RATIO TO take for selling position
Another strategy using Ichimoku Cloud on MU, 2 week chart again.
Natural Gas gapped down at the opening of trading on Sunday and continued it's selloff. While this bearish move is overextended, there's no indication yet of any kind of retracement. The doji candle last Friday is now signaling more downside movement.
While I am mostly an Ichimoku system trader it would be foolish to ignore price action and structure. Currently I am watching a bullish price structure continue as we've hit the third wave of price movement. It is possible that we may be forming a new overall bullish trend in ichimoku. I am looking for a kumo breakout, bullish future kumo twist, chikou span to...
All signs are pointing up, waited for a nice pull back to jump in the big push forward
After pulling back off the hit of $600 Bitcoin is battling a veritable "line in the sand" of resistance of $615. This line makes up the halfway point of the sharp down move of 9-11. Holding or breaking the line will determine price action over the next few days.
Trade followup I took half off at my first target of $600 for a good $25 move. Now at this support we have to see if price will hold or breakthrough. If it breaks through I would expect a pivot to occur before going back down to retest the range lows. The next support would be at the Monthly 9 period Tenkan Sen of $570. Longer term forecast I've mentioned...
I expect a big drop in USDCAD, As you know USDCAD correlates with Oil and oil will break past $40 per barrel. USDCAD broke the 15 minute Komu giving me an opportunity to sell and base the rest of the trade off the weekly chart of USDCAD.
- Conversion line it's above the base line - Span-A it's above Span-B - Price it's breaking the kumo I'm going long if Chikou (lagging line) crosses above the price. Buy order between 0.98359 and 0.98818 with potential target at 0.99374
Going short after hitting resistence
Going short after hitting resistance.