Fellow Traders and my JDM Junkies on IG,
Please fasten your seatbelt. You will not want to miss when Litecoin launches off the ground.
Through the volatility, we sometimes forget to look at the bigger picture. Let me remind you again. Litecoin is forming the perfect Adam & Eve pattern on the weekly timeframe. It is the ultimate sleeping giant. LTC has survived...
EURJPY 🇪🇺🇯🇵 is in the decline that is expected to continue due to the ECB interest rate decision. In spite that we can expect a slight incline up to the 0.382 fibo level the latter shall reject the price pushing it towards the test of the 0.618 level.
AUD/CAD🇦🇺🇨🇦 The pair has been moving inside the Upward channel. The moving averages and Kumo clouds suggest that the price can spike a little , however we shall expect a pullback after such a steep rise
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EUR/CHF🇪🇺🇨🇭 After the bounce from the Support the price was rejected by the Resistance for the 3rd time. We have not seen a deep pullback yet , so as the Kumo clouds , together with ROC swing rejection suggest we can have another test of the Resistance. Nevertheless , I do not expect it to be broken even this time so I expect the pullback from the Resistance...
NZD/CHF 🇳🇿🇨🇭 is bouncing from he Support zone. The price is expected to continue its bounce according to the ROT - to + swing. Moreover , the Kumo clouds lie above the price as well , thus we can expect to Upward movement.
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USD/JPY 🇺🇸 🇯🇵 is trying to recover the Upward trendline which has been quite reliable so far. According to Stochastic and Kumo clouds this scenario is quite possible. If the pair manages to break the 104.786 level we are heading further upward.
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We can sport the Double Top pattern for the EUR/CHF 🇪🇺🇨🇭 . Moreover , Stochastic with Kumo cloud are speaking in favor of a short setup here as well!
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KEY?ETH daily chart is still consolidating under a red Ichimoku cloud - and already hit a TD Sequential 9 in red so I'm expecting some upside . Can you see where the red heart is ? That's the next line up on the Gann Fan and if this consolidates and break up I could expect we are at least going to 650 . If we Kumo Twist it's possible we wick up to the next Gann...
Oldie ELastos looks ready for a move to the upside for the first time in a long long time.
Look to enter on the 200ema or right now or split your entries.
Trade, chart, learn, repeat
Coach K
The loonie has formed a wedge during this week and yesterday it managed to break it; today there has been a retest on the trendline. 50 moving average in h4 is supporting the price action and I think that there are good chances for an upside leg whith 1.387 as a target. Ichimoku cloud (the "kumo") is now under the price and is offering support, kijun and tenkan...
Kumo-Breakout on the daily for Bitcoin. Supertrend gives a long signal. I am cautiously bullish because we are right under the EMA200 on the daily (and touching it on the 3D). I want to see the EMA200 flipped and the Chikou-Span breaking out the Kumo to become full on bull.
Kumo-Breakout, Trendindikatoren signalisieren long. Bin vorsichtig bull, weil wir noch...
On the 4h candle chart, we can see the range of candles is very narrow along the small decreasing channel, showing the some sort of consensus around the price of the VIX.
We can see the RSI also evolves in such a channel.
If the pattern would come to break, the VIX would probably come to test the Senkou Span B ($50) of the Kumo which is one of the strongest...
Possible long trade opportunity on this pair.
Wait for a higher high, aswell as for the resistance at 10.692 getting broken.
If a uptrend is confirmed in your trading system, the first price target should be 10.911, the second 11.224.
Stop Loss is at 10.385.
Thanks for Reading :)
Possible short trade opportunity.
The pair has a strong resistance at 1.2190, which might get tested before the downtrend can begin.
If so, there is a good support at 1.15485.
Wait for proper confirmation in your system (still bullish on the 4h chart).
Thanks for listening :)
I just want to share my thoughts.
Bitcoin is still in a quite dangerous position (especially now), but as soon as there is proof, that it's seen as an investment comparable to Gold or any other asset which spreads a thought of value, there can't be any limits for it's price, nor any for Cryptocurrency at all.
This entire spectrum of new technology and the...
TD 9 printed, shooting star forming, Kumo top and Kijun as well as major resistence level.
I would say this is a short opportunity upon close!
Trade, Chart, Learn, Repeat
Coach K
GBP/NZD is coming from a very good uptrend and it is fair to ask ourselves if this new down-movement is just a retracement or a possible new downtrend.
The Ichimoku shows a very favorable situation to try to take advantage of this down-movement, getting a nice risk to reward ratio of almost 1:2.
You can see that in the last 2 candles, we already had some symptoms...
