BULL MOVE Since a P-Wave is a continuation pattern this is a potential move to the upside between 24-30 cents max before a drop at resistance we've failed multiple times to sustain about 30 cents. If we can get back into 30 cent range and hold we can get a move back into 34-40 cent range. BEAR MOVE Now this is where things get tricky. Even though a P-Wave is a...
In this situation we have a Weekly Parallel Channel that we expect to get touched after breakout
Hello folks! Today will see the expiry of 49,400 BTC worth of outstanding derivative contracts. This is equivalent to $328 million in Bitcoin open interest. Surely a return to volatility yeah! Let's see tuesday where the market close but I have already an idea... Fans are typically drawn from changes in trend or reversal points such as tops or bottoms and are a...
Further analysis of monthly chart. We saw that at the start of the month the prices broke the bullish Gann fan trendline (red circle). The prices are below the cloud which means that we are more bearish but we await a confirmation of the Ichimoku lagging span which has already made a first contact with the gann fan bullish trendline (pink circle) . After this...
Price is below the Daily, 60 and 15 KS as well as the cloud. All of our 4 Horseman are aligned. This is a Type 1 trade with a High probability and good RRR. BO Entry = 127.87 Stop = 128.22 (plus spread) Risk = 35 pips (plus spread) Profit target = 125.49 (the daily projected low) Reward = 244 Pips RRR = 6.97 I would appreciate if you leave a comment or like as...
I am looking for a SELL on EURUSD. Price is below the cloud, chikou span is below the cloud, price is in consolidation at the moment but a break of support will carry price further. If the trend does happen to change, I will be looking for buys when price breaks the cloud to the upside and my resistance area at 1.12326. Overall I have a bearish sentiment
ZCash have a chance to break out a thin place in ichimoku cloud. This patterns is usually works on same charts.
xrp looking good to accumulate inside the ichimoku cloud
Price is above the Daily, 60 and 15 KS as well as the cloud. All of our 4 Horseman are aligned. This is a Type 1 trade with a High probability and good RRR. BO Entry = 2.0303 Stop = 2.0278 Risk = 25 pips Profit target = 2.0378 (the daily projected high) Reward = 75 Pips RRR = 3 - 1 I would appreciate if you leave a comment or like as a thank you. Have a Great...
We had a good push down on the NZD Interest Rate decision and this pair has now gone into a consolidation between 1.6941 (High) and 1.6857 (Low). Moreover, it is now below the Daily, 60 and 15 min KS, as well as the 15 cloud. Entry = 1.6920 Stop = 1.6940 Risk = 20 pips Profit target = 1.6820 Reward = 100 Pips RRR = 5-1 Once this trade is up + 20 pips, move...
Price is below the Daily, 60 and 15 KS as well as the cloud. All of our 4 Horseman are aligned. This is a Type 1 trade with a High probability and good RRR. BO Entry = 1.9228 Stop = 1.9253 Risk = 25 pips Profit target = 1.9131 (the daily projected low) Reward = + 97 Pips RRR = 3.88 - 1 I would appreciate if you leave a comment or like as a thank you. Have a...
Price is below the Daily, 60 and 15 KS as well as the cloud. All of our 4 Horseman are aligned. This is a Type 1 trade with a High probability and good RRR. 2 Potential entries. If the PB is triggered first, then the BO entry is cancelled. It is not an add on position. PB Entry = 1.9261 Stop =1.9286 Risk = 25 pips Profit target = 1.9063 ( The daily projected...
We had a good push down on the AUD Interest Rate decision and this pair has now gone into a consolidation between 1.64752 (High) and 1.64418 (Low). Moreover, it is now below the 60 and 15 min KS, as well as the 15 cloud. Entry = 1.6474 Stop = 1.6494 Risk = 20 pips Profit target = 1.6374 Reward = 100 Pips RRR = 5-1 Once this trade is up + 20 pips, move your...
BTC is currently in interesting position. Using Ichimoku system we can trade and take bullish scenario into consideration. If we observe current location of Chikou Span breakout outside the cloud was clear. The bullish can be made with another breakout above $8550 resistance, otherwise Chikou Span will cross inside the price which means prolonged consolidation...
Price is above the Daily, 60 and 15 KS as well as the cloud. All of our 4 Horseman are aligned. This is a Type 1 trade with a High probability and good RRR. BO Entry = 1.7313 Stop = 1.7293 Risk = 25 pips Profit target = 1.7391 (Daily Senkou A) Reward = 78 Pips RRR = 3 - 1 I would appreciate if you leave a comment or like as a thank you. Have a Great Weekend!!! Allen
RSI @ 50% StochasticRSI is OVERSOLD BUY BUY BUY! TakeProfit @ 38,93$ StopLoss @ 35,66$ R/R 1:1.7 Thanks me. Ki$$ WARNING! this is not an advice! you have to do your own research before investing