I see we broke the support and even kinda retested it. As its below the cloud I should be looking for sells only. It aligns with the 4hr time frame too. The SL could be wider than on the picture... maybe around like 0.6144 or so. But I personally dont use any sl and rather monitor the market and use alerts.
Ichimoku Analysis Timeframe : 1D Conversion line (blue) cross below base line(red) implies sell price touching base line Timeframe : 1D Conversion line (blue) cross below base line(red) implies sell price touching conversion line Weekly and daily direction is same
Weekly: Price in Kihon Suchi 33 based on Kyushu Ashi Daily: Tenkan-sen Kijun-sen almost cross Price broke the Kijun-sen Bearish Chiko 9 Kumo flat => Price can still range-down till 19 Sep 2023 H4: Kumo flat, small Kijun-sen flat Tenkan-sen flat Price below Tenkan-sen Price is at Kihon suchi in H4 => Sell when price broke the support (2.10937) and go to lower...
After breaking bearish channel We'll set some buy-limit orders around OB+ zone around 1.0940 A line drawn by matching peak of lagging span to peak of kumo upper line is an important dynamic resistance!
Using the Ichimoku indicator I identified the daily trading levels. If gold is expected to undergo a decline, its first significant support level will be at $1980. If market bears push gold lower, the following critical level will be $1960. If gold experiences an increase, its first significant resistance level will be at $2050, an important price point. This...
sell 1.26168 tp1 1.25155 risk free tp2 1.21590 sl 1.26851
The pair continue to go up. The next resistance is 102.50
According to the Smart Money strategy, we are currently in an Order block, but still confident that the price will rise! According to Smart Money, we should wait for confirmation because opening a position now is risky, but if we look at it from the Ichimoku Cloud perspective, we have currently broken the Cloud and successfully tested it, which coincides with 50%...
waitting a LL > step DIV > Buy... when ABOVE... find entry Sell
Monthly: Range Weekly: Kumo flat Tenkan-sen down; Kijun-sen flat Chiko above candles Bearish Kyushu Ashi Note: Price will be likely sideway-down until around 24 April 2023 Daily: Kumo down Kijun-sen down Tenkan-sen flat => equalibrium in short-term Chiko below candles Bearish Kyushu Ashi => can still continue till 27 March 2023 Conclusion: Buy signal: not...
Monthly Chart 1. Resisted at Top of Major Trendline 2. Resisted by Kijun-Sen (Green Line) 3. Bearish Channel Down 4. Bearish Kumo Cloud Starting to Thicken 5. Chikou Span Below Candles 6. Target 0.88 Cents - May 2024 Weekly Chart 1. Resisted at top of Kumo Cloud 2. Death Cross forming on Stochastic
Extended fib 161.8%, time 65, 5 waves complated, ABC pattern on top, price is on major resistence
Possible 5% drop on Gold from $1775 to $1687. After reaching top of the channel today 1st of December we might experience a fall for another 7-9days to retest 1700 and most likely 1687 mark. High possibility doesn't mean 100% certainty so this is not a trade advice. Happy trading everyone.
EURUSD is now uptrending on the one hour chart, Support from the underside of the Ichimoku Cloud as well as the anchored VWAP. The MACD indicator shows the lines crossed while under the histogram which is now positive. The Momentum Squeeze oscillator is firing US equities will be on sale today. Making some profit on leveraged EURUSD will help buy them.
EURUSD regarding the Long-term factors is still bearish and it's around a good discount! Considering mid-term factors we are still bullish but a powerful bearish momentum could be observed. In shorter term a bearish channel is formed and the linear regression channel is almost perfect. Short the pair around the red zone or in reverse to green zone after...
After such a bearish week for the USD, is time for a rebound. Price reached resistance on daily chart and our risk reward for this one will be 1:6 with 4 different targets: 1.0217 / 1.0068 / 0.9898 / 0.95750. This will be a long journey till our final target.
evening traders. Trading has been choppy recently with these current markets but is the us30 heading for a bull rally? We have 3 signals in the ichimoku trading strategy triggered, base line and conversion line crossover, green cloud and lagging span above the cloud. Price has also broken the downward trend line and if we close above then we could be seeing a bull...
Based on the latest bullish USDX analysis, on top of that, the price couldn't brake the Ichimoku cloud and we are witnessing a decline in price and another bearish trend.