technical:
break the channel and if no support break any more,maximum goes down to 40000$
ichimoku:
break the cloud and great as ichimoku elements.wait to enter as a short position in 43500$ and stop loss at kijunsen with buffer.
note: we trade with ichimoku.
I did a flow-up on bullish scenario of EUR/USD on daily. There is a time cycle. It seems there is always 7 bars from high to the next high (Taito Suchi). The next high could be on the fourth of may. I also applied price theorie according to V, N and E calculations. In bullish scenario price could hit V, N OR E. Be aware that im still learning to master time and...
To gain experience with Forex. I thought it would be nice to do an analysis on EUR-USD. A pair i want to trade in the future.
I spotted Sanjaku Kouten according to Ichimoku confirmations:
1. Tenken San - Kijun Sen cross
2. Chiko Span candle breakout
3. Kumo breakout
Sanjaku Kouten is a powerfull bullish signal. One thing for concern is that Kumo has not...
There's a lot of patterns on this one. Potential reversal point tomorrow around the $19 mark. That particular area is the reversal point for the 200, 42, 26, and 17 periods. Each particular reversal on this seems to be somewhere around 15-25% each move whether up or down. I would expect the reversal to do the same and head toward the cloud at 18-20% or the $15.6...
just talking about iichimoku base
skip from how this japanese indicator will calculate and focusing on how we can use this powerful indicator
sorry
1- let to consider base line
(BL) and convention line(CL) are EMA, BL is fast and CL is slow. so all the rules of EMA's are applicable for these lines also.
2- lagging line (LL) is a line chart just 26 candle...
Thank you for taking the time to look into this analysis as it's very detrimental to the direction that XRP will be heading the next few days to weeks. Going based off my last analysis on the P-WAVE we are still in route to 24-25cent range which is at the 0.927 and 1 level off the extensions. I see price having a difficult time at those prices because they have...
