Not the best idea to trade USD/JPY because shaded areas of Ichimoku cloud are low/tight so we don't trade it however there are some clouds that are big and we can trade them because we have 3 yes opinions before making a decision, this means we have 3 indicators that are going well and its something we are looking for. An example is if we are looking for a sell...
H1 chart is indicating the potential for EurCad to test belo 1.3 again. Ichimoku is indicating besrish pressure. For this trade I would stop a bit ABOVE SMA 50. The potential take profit area is around 1.2960-1.2910. Trade well and wisely…
The way I see audusd is bearish trend? Why? Yesterday it broke below MA 50 with huge moment, which it was bearish engulfing candle (blue circle). Second reason is macd cross downward and the current value is below 0 (yellow circle). 3rd reason is the future cloud just started into bearish. Senkou a is pointing lower and it is below senkou b (red circle). My...
For this week, 15 to 19 Aug 2022 for oil market I still prefer to sell as the daily chart is still indicating bearish trend. Last week whenever price managed to rise above SMA 50 it failed to stay above. Future could is also still bearish. So I defined the selling zone with stop area and the possible target profit zone. Trade well and wisely.
Good weekend, As usual, here is our analysis of the week looking at a glance at the daily chart of BINANCE:BTCUSDT using the Ichimoku Kinko Hyo indicator with traditional settings. We used in support other indicators that we developed and released Open Source, you can find them at the end of the analysis. Trend: Kumo has been green for 10 days, is uptrending,...
As a followup to my Ethereum BITFINEX:ETHUSD post yesterday Monero BITFINEX:XMRUSD is likewise confirming an Ichimoku breakout on the Daily timeframe. Monero is the third coin I watch most closely following Bitcoin and Ethereum. I believe that its use case (privacy) is one of the strongest reasons for cryptocurrency and the coin has been well established...
In Ichimoku, the chikou span has got above its Kumo (cloud). If the price gets above the weekly Kijun sen then the next targets would be : 1.519, 1.715 and 1.915.
In Ichimoku, the chikou span has got above its weekly kijun sen line. A probable target is 340 $usdt.
The momentum (Chikou/purple line) has cleared the Daily Ichimoku cloud on Ethereum following price closing above the cloud. This is the first time COINBASE:ETHUSD has becoming bullish since May 2022. The last Daily breakout hit resistance at 3500 in March. It is important that the breakout clears the current Resistance of 2230 in order for this bullish leg to...
We get confirmation from lower time frame. Yesterday's rally I didn't sell oil. M30 of oil now is indicating bearish for sell oil. Kijun cross tenkan downward. Future kumo is brarish kumo. Macd bearish. And chikou is currntly running below the kumo. Pay attention to the 2 tp zones I defined. Trade well and wisely.
Bullish T-K ( Tenkan-Kinshin) cross on the daily cloud, price action has entered the cloud - my bet is that it will make a standard ed-to-edge move : sell target ~ $3.10 No stop (this is spot), but if you need one - it's the Kenshin (K) line
Good weekend, As usual, here is our analysis of the week looking at a glance at the daily chart of BINANCE:BTCUSDT using the Ichimoku Kinko Hyo indicator with traditional settings. We used in support other indicators that we developed and released Open Source, you can find them at the end of the analysis. Trend: Kumo has been green for 3 days now, after 108 days...
Good start to the week, As usual, here is our analysis of the week looking at a glance at the daily chart of BINANCE:BTCUSDT using the Ichimoku Kinko Hyo indicator with traditional settings. We used in support other indicators that we developed and released Open Source, you can find them at the end of the analysis. Trend: Kumo has been red for 107 days,...
From H4 chart it is indicating oil to revisit July 2022 low, 90 level. Chikou is pointing downward. Candle is running below cloud. So in my humble opinion it is pointing to July 2022 low. The STOP should be ABOVE 97.14 level.
Overall trend which is shown by d1 chart xauusd remains bearish. Candle is still running below ma 50. Candle is running below the cloud of ichimoku too. But macd is crossing up below 0 area upward. For this sort orf market I prefer to sell the rally. The moment would be whenever gold rally up near the upper parallel down trend chanel. That is the moment to SELL...
Bitcoin is now fighting to stay above 23k, follows my cloud-based analysis of ichimoku. I'm not experienced, I'm just exposing my idea
Hello my dear friends At the end of the descending channel, a tight movement is formed in the daily time frame! The possibility of the price exiting from compression is both upward and downward. But whichever way it exits, it will definitely be a very fast move (: For me, it would be better to wait and enter the trade if the trend moves above $0.0616. ----> At...
Long entry for BTCUSD at 23441 USD. Ichimoku triggers: -Price just entered the kumo cloud on the daily timeframe for the first time since 21APR22. -Tenkansen is above the Kijunsen on both 4H and daily timeframe. -Price above kumo cloud on 4H timeframe. -Chikouspan is above price and kumo cloud. Moving averages: -Breakout of previous price levels (higher...