As you can see here on this daily chart, we are approaching this weekly support line. I am going to wait for a bounce off this line with high volume and a strong green Heikin Ashi candlestick. This is a great opportunity and the contracts are looking good. I would not trade this within the week of earnings because of the potential volatility so I would look for a...
Last week USDJPY posted a green Heiken Ashi candle on the weekly time frame. This suggests to me that we may have another green week.
It is also the case that a green Heiken Ashi candle posted on the daily time frame after a red candle. This suggests to me that this could be the beginning of a muli-day bull run.
As you can see, on NYSE:F there is a large area of supply on the daily timeframe from 14.72-15.00. The blue dotted line at 14.55 is a point of control. I have started a small position short on NYSE:F 1-2 months out. Notice the 1 and 4 hour Heikin Ashi candles already showing the start of a bearish trend. I'd like for the daily candles to confirm the bearish...
Good start to the week,
Let us analyze at a glance the daily chart of BINANCE:BTCUSDT with Ichimoku Kinko Hyo. We use the traditional settings. There are other indicators in the analysis. We have developed and released them Open Source.
Trend:
Kumo has been red for 26 days and is 4.2% wide. The various lines confirm a downtrend situation and we are below the...
OANDA:EURUSD
I have always theorized, when there is no impactful news on the docket, NY has a high probability that it will give us. boring slow chop day.
So far, it's holding true.
Dont like the price action on these consecutive candles......so far
Good start to the week,
Let us analyze at a glance the daily chart of BINANCE:BTCUSDT with Ichimoku Kinko Hyo. We use the traditional settings. There are other indicators in the analysis. We have developed and released them Open Source.
Trend:
The Kumo has been green for 55 days and is about 0.2% wide and about to reverse. The various lines confirm a downtrend...
on 5 min time frame, using indicator BB with RSI, entry taken as per Divergence, movement confirmation with Stoch RSI, Heikin-Ashi, Gap up opening confirmed reversal to the price calculated earlier on weekend for price to open @ $5.50 wherein pre market showed jump in price due to dividend cut decision by bank to -96%, total duration of trade is around 1 hr 30...
A chart can help frame your mindset for whats to come and I hope this chart and outline below helps you frame and prepare yourself to the 9 bull quarters remaining (over 2 years of waiting ahead or 27 months).
I used the Heikin Ashi candles as visually I found them better at inflection points for determining the trend change from bear to bull (5th to 6th...
Good start to the week,
Let us analyze at a glance the daily chart of BINANCE:BTCUSDT with Ichimoku Kinko Hyo. We use the traditional settings. There are other indicators in the analysis. We have developed and released them Open Source.
Trend:
The Kumo has been green for 41 days and is about 13% wide and is starting to tighten, especially the Senkou Span B is...
Good start to the week,
Let us analyze at a glance the daily chart of BINANCE:BTCUSDT with Ichimoku Kinko Hyo. We use the traditional settings. There are other indicators in the analysis. We have developed and released them Open Source.
Trend:
Kumo has been green for 34 days and is about 12.9% wide. It has widened and is now flat. The various lines indicate a...
Good start to the week,
Let us analyze at a glance the daily chart of BINANCE:BTCUSDT with Ichimoku Kinko Hyo. We use the traditional settings. There are other indicators in the analysis. We have developed and released them Open Source.
Trend:
Kumo has been green for 28 days and is about 10.8% wide. It has widened and is looking upward. The various lines...
Good start to the week,
Let us analyze at a glance the daily chart of BINANCE:BTCUSDT with Ichimoku Kinko Hyo. We use the traditional settings. There are other indicators in the analysis. We have developed and released them Open Source.
Trend:
Kumo has been green for 20 days and is about 6.3% wide. It has widened and is stable. The various lines indicate...
Good start to the week,
Let us analyse at a glance the daily chart of BINANCE:BTCUSDT with Ichimoku Kinko Hyo. We use the traditional settings. There are other indicators in the analysis. We have developed and released them Open Source.
Trend:
The Kumo has been green for 13 days and is about 6.40% wide. It has widened and is stable. The various lines indicate an...
Good start to the week,
Let us analyze at a glance the daily chart of BINANCE:BTCUSDT with Ichimoku Kinko Hyo. We use the traditional settings. There are other indicators in the analysis. We have developed and released them Open Source.
Trend:
Kumo has been green for 6 days and is about 0.7% wide. It changes abruptly but is currently widening. After the bounce...
Going into the new week, we can expect AUDJPY to continue on its overall bullish trend.
Currently there is consolidation on the 1hr timeframe but just wait for break and retest of resistance for entry to target 9300.
Using Heiken Ashi chart, I identify 'Doji" and "Engulfing candle" on each timeframe for stronger confluence.
Throughout BTC's history, two monthly Heiken Ashi green candles have been followed by a red candle only three times. Two monthly Heiken Ashi green candles have been followed by a green candle six times, in BTC's history. There is twice the odds that next month's BTC candle is green. Couple that with other analysis that I have done in the past and next month being...
