You know the drill. Now it's just a waiting game. Wait until price closes above the Kumo to Buy the market. Go get 'em.
Over the next day or so, I'll be looking for a Kumo breakout on this pair. My stops will go below a Bearish fractal level or the Kijun-Sen. Keep your eyes peeled.
We maybe a little late but that doesn't mean we can't get onboard with this trade. I actually just got into this trade anyway because everything that Ichimoku is telling me is bullish. My stops are just below the most recent bearish fractal level at around 15935. Once again, it's up to you if you trade this but from what I can see we're going to see a fairly...
If we close below the Kumo, this indicates a change in trend and we should see a downward move in this pair. I'll be putting my Stop Loss just above our most recent bullish fractal level of around 1.45750
First time I'm attempting to read Elliot waves and us them in conjunction with Ichimoku. Seems we are in a corrective wave after the 4/12 high point near 100% fib, with a sensible goal set to the flat-top bullish cloud, which also coincides with the 61.8% fib for the long-term range the EURUSD has held.
Quick trade with the pair We broke the 38.20% retracement, TP set to 74.128 (23.60%). Good luck
Even though prices are below KUMO they have just broken a trend line suggesting bullish momentum. Prices also hold pretty well above the KS (purple line) which is a strong support. Prices could move to higher levels from here. tp1: 84 tp2: 85.813 Stop loss should be placed on the KS at around 81.950 Good luck y'all
I am a bit surprised since lots of traders are bearish on the pair. To me the weekly (check the related ideas below) suggests a bullish trend. The monthly shows that prices are now on Tenkan Sen and are likely going to join the flat KS. It is gonna take time of course but it seems it's going this way and not down... Wait and see!
Comments on charts. Feel free to comment and like
Comments on chart. Feel free to like and comment Cheers Jesse
Please check the comments on the chart Feel free to like and comment. Cheers Jesse
Prices are below KUMO Lagging span broke its own KUMO Prices are below the trend lines Resistance around 0.89700 I wouldn't trade if prices enter the red triangle (uncertainty) Wait until the Lagging span crosses down the trend line before selling 1st target 0.86570 2nd target 0.86220 3rd target 0.85280 tight stop loss just above Tenkan Sen around...
The pair is in a bullish momentum. Check out our latest analysis on www.ichimokuforex.com
USD/CHF has been ranging the last few days. But now it seems that the pair is in a bullish momentum. Indeed, prices broke their KUMO strongly as well as the extension of KS @1.00568. Lagging Span (LS) also broke its double resistance (Tenkan Sen + Kijun Sen). Its slope is pointing upwards. Prices could retest last november's resistance. Stop is placed at...
Prices broke KUMO as well as LS. Strong signal to sell the pair. S1 and S2 as shown above. Stop is placed on the extension of KS.
We think the USD/CAD will continue to face further weakness next week. Some importants levels have been broken last Friday. Check out our full analysis at www.ichimokuforex.com Do not hesitate to comment or like if it is the case! Jesse