At the moment of typing this, BTC is testing its 1st Ichimoku Cloud Support on the 1hr chart. If that 1st IC support fails then it will become our new Resistance. We can also see that BTC is testing its lower level of its Bollinger Bands. For confirmation of the potential downwards momentum, wait for the Ichimoku Conversion Line (Blue) to cross back under the...
D1 : As already mentioned several times in my previous analysis, Tenkan-Sen should be seen as a good barometer : BULLISH above and BEARISH below ! H4 : Holding very well above the clouds. First significant support @ 35574 ahead of 33552 (MBB) H1 : A downside move below MBB would probably trigger and confirm a short term reversal towards 33926 ahead of 32737 (50%...
Above cloud and slowly kijun goes above the cloud as well, instability in the world can bring precious metals up
Tk cross and Kumo twist just happened indicating that we can open a long position be careful we have a strong resistance at 560 but i think it will break as the price touched many times.
nice bounce from the bottom of the channel potentially printing a new higher high
Kumo Twist just occurred and edge to edge trade oportunity
D1 : Very impressive price action Tenkan-Sen, currently @ 29642 should be seen as the first significant support on a Daily basis analysis, ahead of Kijun-Sen and MBB H4 : Same picture than D1, first support @ 32050 and of 31064 and 30680 H1 : Watch MBB , ST bullish above and ST bearish below M15 : 50% Fib ret of last upside move is @ 32'400 which is roughly...
I should have waited for the breakout however decided to enter on the new higher high to not to be late for the party, now it looks it bounced back from the upper side of the triangle maybe it is going to be ranging in there for a while, still waiting for the TK cross to happen to give us an other confirmation the kumo twist just occured which is positive for now,...
the price entered the cloud there is no point to be long on this right now according to the cloud
Hopefully it will stay in the upward channel after the bounce on the red line, cloud is green it should bring us to 400
I just opened a position as there is a nice TK cross which is bullish Clous is green Welcome aboard SKYWORKS Next Stop is the SKY
The blue line crossed below the red one which means I should close the trade as it can mean the end of the uptrend and can reenter the cloud and go all the way down to the 340 range and even lower
Just in case it drops further I raised the stop loss above the entry level so it will be in profit however i'm still positive that it will print a higher low
lets see if the consolidation is over and UPS can deliver it's parcels to new highs potentially to the top floor or start straight away a new moon delivery mission
Wanted to enter 296 but did not fulfil my order instead started dropping and conversion line appear to cross below the base line will see where it it heading and waiting for new entry.
apparently it was a fake break out to the upside first hit my buy order and then next trading day it hit my stop loss, lets wait to see where it is heading now certainly will wait until the conversion line crosses above the base line.
Kumo twist indicates bright future for Adobe and kumo breakout finally gives us the signal that we have been waiting for I have netered @500 and placed my stop loss below the cloud.