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.
Printing higher lows and higher hows is the first sign of an uptrend, the conversion line has been dancing with the base line for a long time, but now it looks like conversion line has a lift off. We can place a stop loss just below the cloud which luckily not too far from the price now where we can enter guarantees us a nice risk reward ratio.
Expecting to go more up since it broke out from the multi month triangle conversion line crossed above the base line and now it is above the cloud. green line entry and red line is the stop loss.
After this short consolidation period the conversion line crossed above again the base line which gave us a buy signal
however will it reach to new highs? The cloud tells me that it will both conversion and base line pointing upwards and exiting the cloud. As long as apple stays above the cloud we have more potential to the upside and still printing higher lows. I have placed a buy order @130 with a stop loss @113 just below the cloud and the base line.
Microsoft forming the same pattern as amazon after a long consodilation in the symetrical triangle the volitalty is shrinking and the conversion line already crossed above the base line I have placed a buy order @220 which need to be fulfilled once we break out from the triangle
Amazon can break out the cloud and continue to the upside I have placed a buy order at 3280 when we reach that price probably the conversion line will cross above the base line and continue to the upside red line will be my stop loss level, currently it is ranging within the symmetrical triangle I have placed the buy order in case it breaks out
Conversion line Bullish and above base line both are above the cloud and pointing upward I entered at 85 (green line) and have a stop loss below the base line at 80
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...
Price above the cloud and the 2 conversion lines. Have a r/r ratio of at least 2 and proper risk management.
Greeting Traders. We have shown two lines here, one is red and blue which is red one is Kijun Sen and one is a blue line is called Tekken Sen. when the blue line crosses the downside of the red line, the movement of the market will be down Right now I think the movement of the market will be down. Thank...
We are in a downward trend. KUMO is facing down, SSA is facing down. SSB flat and will be for some time, as long as the new MINIMUM in the period 52 is not broken. Flat SSB can substantially impact the PRICE (attracting it to itself), which can further strengthen SUPPORT AREA A (the area between 1.05349 and 1.045283). CHIKOU SPAN is also approaching SUPPORT AREA...
STRONG CONSOLIDATION The flat KIJUN SEN, TENKAN SEN, SENKOU SPAN B (SSB) indicate that we are in consolidation in all periods (short, medium, and long). CLOUD flat confirms consolidation. PRICE fluctuates (oscillate) around the marked BALANCE AREA but currently has a downward trend tendency. Breaking the 116.269 or 113.593 will signal that a trend (up or...
in the recent past, when we see a Ichimoku Cloud break in the VIX ( Volatility S&P 500 Index ) we see a strong acceleration upwards. The most recent example of this was on 13 Feb 2020 Inversely proportional to the VIX , the S&P 500 Index had a significant breakdown, represented on 21 Feb 2020 Since COVID19 outbreak, governments around the world have been...
We are gonna have a bullish move Thank you for supporting me ;)
Looking forward to possibly enter a short on Tuesday morning.
Pacific Ethanol, Inc. produces and markets low-carbon renewable fuels and alcohol products in the United States. The company operates in two segments, Production and Marketing. It produces and markets ethanol; and co-products, such as wet and dry distillers grains, wet and dry corn gluten feed, condensed distillers solubles, corn gluten meal, corn germ, corn oil,...