Sell conditions: 1) Kumo twist just turned bearish 2) Price > kumo 3) Chikou span > kumo 4) Bullish TK cross Caution: a) Flat Senkou Span B b) Thin kumo twist
Comment: AUDCHF Daily timeframe shows a continuous uptrend by Ichimoku. Ichimoku Trend Analysis: - Kumo (Senko span A and B) up - Kijun sen up - Tenkan sen up - Chiko span above candles Next Scenario: Market broke the H1 Y wave and showing continuous bull trend by Daily Ichimoku. Target is at the next round number 0.7000 level.
Comment: GBPJPY Daily timeframe is showing uptrend as per Ichimoku trend confirmation. Ichimoku Trend Analysis: - Kumo (Senko span A and B) up - Kijun sen up - Tenkan sen up - Chiko span above candles Next Scenario: Yesterday market broke the previous high level of 157.416 and showing continuous uptrend. It may retrace back to Tenkan sen as Kumo is still a...
Comment: EURAUD Daily timeframe shows continuous downtrend as per below Ichimoku confirmations. Ichimoku Trend Analysis: - Kumo (Senko span A and B) down - Kijun sen down - Tenkan sen down - Chiko span below candles Next Scenario: Continuously bearish. Target is at 1.54176.
Weekly Chart: Bearish bias Daily Chart: 1) All Ichimoku signs are bearish. 2) Chikou span crosses kumo (trigger)
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It is always interesting to see the fractal nature of price action. It is the way that price tends to have very similar patterns on multiple timeframes. You see these repeating patterns in nature and they are expressed by mathematics in such ways as the Mandelbrot set. Over the last few weeks the AMEX:SPY has been riding along the lower edge of the Daily...
Daily and H4 Charts: Strong bullish momentum M30: Looking for re-entry opportunity. Buy conditions: 1) Bullish TK cross above kumo 2) Stochastic and MACD gold cross as an additional confirmation 3) SSA points upward and makes a new high
Daily Chart: Price closed above Kijun. Within the next few days, a bullish bias is expected. M30: Long re-entry opportunity. Buy conditions: 1) Chikou > price 2) All Ichimoku signs are bullish 3) Tenkan + Kijun + SSA + SSB + 200 EMA are all pointing upwards 4) Price > 200 EMA
I took a long trade at the break of 200 EMA (candlestick highlighted in black) last week. The price has come to retest the 200 EMA again. Look for re-entry opportunity. Buy conditions: 1) All Ichimoku signs are bullish 2) Wait for price to close above Tenkan with a bullish candle for re-entry 3) SSA is making a new high 4) Chikou span > kumo (indicates mid to...
Daily and H4 Charts: Strong bullish momentum M30: Looking for re-entry opportunity Buy conditions: 1) All Ichimoku signs are bullish 2) Bullish kumo twist was the signal 3) A buy stop order was placed at the high of the bullish spinning top candle (this is the spot where Tenkan + Kijun + SSA + SSB began to point upwards) 4) Price > 200 EMA which points upwards
Price is approaching a minor resistance. Hence, some profit taking is expected and price may range for a while before taking off. Daily and H4 Charts: Strong bullish momentum M30: Re-entry opportunity Buy conditions: 1) All Ichimoku signs are bullish 2) Price > 200 EMA which is pointing upward 3) Tenkan + Kijun + SSA + SSB are all pointing upward 4) SSA is...
Comment: AUDJPY Daily chart shows continuously bullish trend as per below Ichimoku Trend Analysis. Ichimoku Trend Analysis: - Kumo (Senko span A and B) up - Kijun sen up - Tenkan sen up - Chiko span above candles Next Scenario: Market is near previous resistance from this May and June. Better to wait for the breakout as it could be resisted once and may...
Comment: EURJPY Daily chart shows a continuous uptrend after breaking the previous high at 132.710. Ichimoku Trend Analysis: - Kumo (Senko span A and B) are up - Kijun sen up - Tenkan sen up - Chiko span above candles Next Scenario: The market has been up for the last 9 days but since Kumo is very thin, it could retrace once market reaches the previous...
Daily and H4 Charts: Bearish signs M30: Re-entry opportunity ON M30, prices are ranging. Sell conditions: 1) Price < kumo 2) Bearish TK cross 3) Price < 200 EMA which is pointing downward
FTM has been in limbo today, and it seems that it wants to pick up where it ended yesterday. we are currently at a breakout level. 1H Ichimoku cloud: The Kijun and Tenkan lines are above the (green) cloud, and very close to each other. i'm expecting a cross within the next few hours. The cross above the cloud is a strong bullish signal. Bollinger bands: The...
Lines of wedge drawn from Daily level: Upper from ATH, lower from Jan. Verticals (Eyes) are on the 27 Oct update, and where the wedge terminates - right around the estimated update to 2.0 sometime around May. Smiley just for fun. ---- Previous chart a couple weeks ago looked like we'd be going down a bit closer to Kumo before this next update. Moved up instead...
M30: All signs are bullish Buy conditions: 1) Entry trigger is the Chikou span breakout. 2) Tenkan + Kijun + SSA + SSB are all pointing upward