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
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
Baba is now at 2018 levels and looks very attractive. I'll focus only on Ichimoku weekly. The tenkan and kijun are acting as support for the lagging span. The price has reached the top of the cloud, which is acting as support. Not a bad place to enter a long term trade, with a stop loss at the low of the day.
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.
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.
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...
Chainlink looks primed for new highs as it forms a bullfllag on the weekly chart. The weekly MACD is set to leave negative territory and enter positive ground soon, while the daily MACD has just turned positive (see above chart), stochastic also is positive. We're bouncing off the Kumo Cloud right now on the 1D chart (above) and the chikou span looks like it will...
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...
Man what a choppy sideways mess. We have been trading around this cloud resistance all week. Almost seems like the market is waiting for something. I think it is waiting on the eventual Trump re-election. All I know is that there is no real movement or momentum. But I have to go with what the market is telling me. Of course this setup is only good until 15:00...
based on price action / ichimoku approbation / great R:R