CapMoore

Daily EurUsd Ichimoku Study with Trading Ideas

FX:EURUSD   Euro Fx/U.S. Dollar
246 2 5
The situation on daily chart is becoming more interesting
from an Ichimoku viewpoint. On wednesday there was a
weak Bullish Kijou Sen Cross signal (Price closed above
the Kijou Sen l(white line)). Since trend is Bearish we are
looking for a Strong Bearish signal. If price proceeds higher
and a Tenkan Sen/Kijou Sen cross signal is created (Red
line close above the white line) we will then wait for a bearish
Tenkan Sen/Kijou Sen cross to have a Strong sell signal .
If price close below the Kijou Sen (White line) a Strong
Kijou Sen Cross Signal is created, which in itself can be
traded, still I prefer a Tenkan Sen/Kijou Sen signal.
Else, the Bear flag can be used to enter short with a daily
break below the lower trendline as confirmation.
fokkmany23
2 years ago
Nice
Reply
fokkmany23
2 years ago
Very Nice
Reply
Ideas Scripts Chart
United States
United Kingdom
India
España
Italia
Brasil
Россия
Türkiye
日本
한국
Home Stock Screener Economic Calendar How It Works Chart Features House Rules Moderators For the WEB Widgets Stock Charting Library Priority Support Feature Request Blog & News FAQ Help & Wiki Twitter
Private Messages Chat Ideas Published Followers Following Priority Support Public Profile Profile Settings Account and Billing Sign Out