USDCAD SHORT Price has been in deep correction on the daily chart. If you look at ichimoku on the Daily Chart price has rejected at the top of the cloud and currently is projecting a bearish future also known as the kumo. On the hour chart price rejected at the fractal level and created a lower high.
Lagging Span (purple line) is pointed down and we have a bearish tk cross over for a entry into the market. Since price rejected on the daily clould I would hold this trade to maximize profit.
Ichimokuchart
HOOD ↗️Buy Signals:
- Bullish Divergence
- Fibonacci Cluster ( matches beginning of div )
Other Signals:
- Greater than average volume breaking above the Cloud ( this would validate a trend change)
Invalidation:
- BB%B: A significant drop below the bullish div trend line
- Cloud: Greater than average volume with drop in price in within or below.
Target Price:
- $38.20
Stop Loss:
- fluid ( * lack of stop loss is not advisable * )
Strategy:
- Dollar Cost Average while price is below $16
Type of Trade:
- Long Swing Trade
DDS: BREAKOUT, POTENTIAL 16% MOVEDDS , Dillard's (Department stores).
I like the break of that 292 resistance (the flat of the ICHIMOKU cloud). Just got long for a swing trade.
My first target is 319, which is the flat line of the upper cloud.
My second target is around 339, to close the gap of November 2021.
My stop is under today's candle, around 290.
Trade safe.
Kumo breakout on BTCUSDT dailyThis is not the cleanest Kumo-break you can get as not everything says bullish. For example the Tenkan-sen is below Kijun-sen and laggign span has a high chance on finding resistance in next couple days when touching previous bullish move. I would not allocate alot of capital to this trade as it is not a perfect kumo break. However it will probably have it's impact on BTC as ichimoku traders entered the market here.
According to hosoda wave theory N-target would be 48241. This is the point where the N-wave completes.
Move stop with Kijun and keep trailing it below Kijun in the coming days.
I would also advice to take some profits at past fractal level: 45421
GBPUSD Long the Kumo BounceWe got a move straight to the top of the long term cloud and then a big retracement towards the top of the short term cloud. This also coincides with the neckline of the previously formed head and shoulders pattern. Places where multiple supports confluence are usualy very good areas to open a trade. I expect the price to go back up to the top of the orange cloud and put my stop loss right below the right shoulder of head and shoulder formation.
Lazy Ichimoku BTCUSDT WeeklyPrice inside of Kumo(Neutral Zone)
Consolidation Period & Accumulation
Below Base Line
SSA acts as Resistance Zone
SSB acts as Support Zone
Bear Market will happen if weekly candle failed to break above Base Line and fall to other side of the cloud.
That's my interpretation for weekly analysis.
AUDCAD- BUYAUDCAD made a breakout on the trend resistance line. My analysis shows a possible retest on the or (kijun support ma) that if it happens, a move to the upside will be likely. This is also based on the Ichimoku indicator that shows a bullish trend in the making. Will have to wait for confirmation however before entering.
Support & resistance Ichimoku in $FTMWe are above kijun in 4h ! We have maintain 2.22$ in 4h to stay bullish in CT. Our next resistance is the flat SSB at 2.26$ to stay in Kumo cloud.
MACD is bullish in daily.
Bollinger bands become compressed.
Closing of the monthly candle tonight ! It is important, for prices, to stay above the Monthly Tenkan until the closure of the candle, in 12h now !
It would give a nice signal for the next weeks and would show that the bullish momentum isn't in danger, on a long term point of view.
Target to defend : $26.3
Target to look at, in case of base : $28.3 ; Weekly Kijun.
If we break this Monthly Tenkan: next important support : $22.9 ; the Monthly Kijun !
Another test of its Weekly Kijun$ATOM is another time testing its mid term support (Weekly Kijun), in this $28 area.
If this one breaks, we'll take a look at the lower support at $26.
A strong one is the area of $20, because we could see a test of the Weekly Lagging Span on its Weekly Kijun.
As a target, the 0.382 Fibo Extension is still the resistance to break.
And $54 is also a very good target that prices can easily hit if momentum come back !
Let's wait and see !
ichimoku trade : short positionthese positives can be a pullback to ichimoku cloud. then I put sell position at 40.26$ and put stop upper than cloud with buffer. if trend start, I will change stop with kijunsen.
by a parallel channel it should come to 30.38$.
other parallel channel shows a good support that is available at the picture(about 30$ but it is dynamic).
sell pos.: 40.26$
stop loss: ichimoku cloud(about 47$)
target: reach the stop loss of kijunsen(maybe about 30$)
ichimoku trade : long positionbreaking the cloud,green cloud in future.
buy at 0.267$
stop loss: 0.226$ and if it rise it would be kijunsen.
ichimoku trade : long positionbreaking the cloud,green cloud in future,free laggingspan. best situation by ichimoku
buy at 2.40$
stop loss: 2.07$ and if it rise it would be kijunsen.
ichimoku trade : short positionit is ready to start a new downtrend and it was a good chance to sell it at 4130$ (flat kijunsen).
there is a big resistance at 4130$ to 4180$.
the most fall that we can see is to 2450$ that is far from reality.
stop loss:4200$ at start and after being in profit it change to breaking the kijunsen.