Get started

Ichimoku Cloud

Gold is at Daily resistance, still showing bullish by IchimokuComment: Gold reached Daily resistance at 1875.28 level. Ichimoku is still showing uptrend as per below confirmations. Ichimoku Trend Analysis: - Kumo (Senko span A and B) up - Kijun sen up - Tenkan sen up - Chiko Span above candles Next Scenario: There is a potential breakout as per above Ichimoku trend analysis, however, better to wait for a Daily resistance break. Otherwise price may retrace back to Tenkan sen.
OANDA:XAUUSDLong
by ForexKei-Official
1
EURAUD broke resistance and continues uptrendComment: EURAUD Daily chart shows market broke the resistance level of 1.5690 and continuously uptrend as per below Ichimoku confirmations. Ichimoku Trend Analysis: - Kumo (Senko span A and B) up - Kijun sen up - Tenkan sen up - Chiko Span above candles Next Scenario: All the lower timeframes showing bullish trend, including Daily timeframe. This is very stable and strong bull market. Could test the previous resistance at 1.5690 level but long term target is at 1.5947.
Long
by ForexKei-Official
Rounded Bottom and Parabolic Curve Theory Idea for $SUSD to BTCThis is a personal research and idea for investment. DYOR and TIT... This is Synthetix USD $SUSD coin on a 3-day chart. :::DISCLAIMER::: This is a mid-term pattern that probably will develop exponentially growing price action as it starts to close. I'm calling it early as consistent with Parabolic Curve Theory ( PCT ) and am very conscious that events like news catalysts and BTC volatility can deviate it off its course and make price action miss some of the PCT base targets marked here thus making it necessary to revisit this idea. TIME/PRICE PROJECTION Pattern start: Mid-Dec 2020 Estimated end: 1st week of Late July 2021 (60+ days from publishing) Price tag at time of publishing: 2,490 satoshi Expected price tag at end of pattern: 5,550 satoshi Sub-base 1 (.b1.1): 2,044 satoshi Base 1 price level: 2,499 satoshi Base 2 price level: 3,080 satoshi Base 3 price level: 3,550 satoshi Base 4 price level: 4,020 satoshi Safe trailing take profit area: Recommended trailing take profit at 5,300 satoshi TECH INDICATORS I'm doing TA on a daily-chart since the 3-day still doesn't display full indicators yet. Green Kumo cloud indicates bullish trend with recently broken out Chikou Span from PA. Recent T/K cross up is also bullish. All indicators are upsloped. Parabolic SAR also confirms trend placed below PA. NEWS CATALYSTS AND BTC VOLATILITY No upcoming news catalysts. Seemingly unaffected by BTC dips. EXPECTATIONS I expect swinging PA between bases with increasing impulse moves upward and decreasing ranging movement. PCT states that price of an asset once base 3 is reached can double its price in a very short period. This is not necessarily so in this case, but at least 50% increase is expected. The distance from the curve makes me believe that we still should expect some ranging consolidation in PA. FINAL NOTE Drawing may need some minor adjusting as the pattern develops.
SLong
by AponSOKS1978
Gold Price Action AnalysisAsked on my social media this morning: "what you think? Gold c&h (cup and handle)" I am not an expert when it comes to price patterns like Cup and Handle but I do put my faith in Ichimoku and its fundamental component of 50% retracement levels. What Gold has done in recent months is hold support at 1678 (on futures) back in March which was the 50% Retracement from the launch point of the trend that began 2 years ago in April 2019. The trend on the Weekly is strong bullish so the probability is high that Gold will retest the All Time High and break it in the months to come.
COMEX:GC1!Long
by norok
3
EURJPY continuously bullish by IchimokuComment: EURJPY Daily timeframe shows a continuous bullish trend as per below Ichimoku confirmations. Ichimoku Trend Analysis: - Kumo (Senko span A and B) up - Kijun sen up - Tenkan sen up - Chiko Span above candles Next Scenario: Market is now close to Daily resistance at 133.15 level. It could retrace back to Tenkan sen or Trend line. As long as Daily timeframe is up, market is bullish, however need to watch out a temporary retracement. 2% risk per trade as always.
Long
by ForexKei-Official
1
Two Possible Correction Paths After 3D Ichimoku TK CrossFirst we take the 1D Kijun line and add it to our 3D chart where we recently observed the TK cross to the downside. This will serve as a major level that we could revisit in the short term. Second we look for our long term support area. I see this being around 30k due to volume and the long/flat areas of the 3D Kijun and the 3D Cloud. Third we look for an alternate path if we were to continue to the downside in the short term rather than revisiting the 1D Kijun. This would probably be Senkou Span B which is the bottom of the 3D cloud. Ultimately, whichever route we take in the short term, should result in a continued consolidation within the 3D cloud before we breakout to the downside towards Long Term Support.
Short
by JoelRBishop
AUDCAD broke support level and continuously downtrendingComment: AUDCAD Daily timeframe shows it broke the support level of 0.9454 and continuously downtrending as per below Ichimoku confirmation. Ichimoku Trend Analysis (Daily): - Kumo (Senko span A and B) down - Kijun send down - Tenkan sen down - Chiko Span below candles Next Scenario: Waiting for the most recent breakout at 0.9424 level in H4 and look for a selling edge. The target is on next support level at 0.9300.
Short
by ForexKei-Official
1
CHFJPY continuously uptrending by IchimokuComment CHFJPY Daily timeframe shows continuously uptrend as per below Ichimoku confirmation. Ichimoku Trend Analysis - Kumo (Senko span A) up and Kumo itself is getting thicker - Kijun sen up - Tenkan sen up - Chiko Span above candles Next Scenario Daily timeframe shows stable bullish market. Since there's an inside bar from yesterday and today, better wait for breakout at 121.08. Ultimate target to be the next resistance level at 123.98 level.
Long
by ForexKei-Official
USDCAD continuously bearish from last week by IchimokuComment USDCAD Daily timeframe shows it's continuously downtrending as per below Ichimoku confirmations. Ichimoku Trend Analysis (Daily) - Kumo (Senko span A and B) down - Kijun sen down - Tenkan sen down - Chiko Span below candles Next Scenario Market can continuously be downtrending as long as market is below Tenkan sen while Kumo and Kijun sen are down until it reaches the previous support at 1.2060 level from 8 Sept 2017.
Short
by ForexKei-Official
1
CADJPY at the resistance, ready to breakComment CADJPY is at the resistance level of 89.182. Potential breakout in H4 as per below Ichimoku confirmation. Ichimoku Trend Analysis - Kumo (Both Senko span A and B) are up - Kumo itself is thick and long - Kijun sen up - Tenkan sen up - Chiko Span above candles Next Scenario Wait for a candle close in H4 to be above the resistance level to look for a buy chance. Also can take Tokyo Box Breakout as additional confirmation to buy after breakout.
Long
by ForexKei-Official
4
EURCAD at the support level while downtrending by IchimokuComment EURCAD H4 shows continuous downtrend as per below Ichimoku confirmations. Ichimoku Trend Analysis - Kumo (Senko span A) is down - Kumo itself is thick and long - Kijun sen down - Tenkan sen down - Chiko Span below candles Next Scenario Currently market has been consolidating at the support level from 1 Apr 2021. As long as market is below Tenkan sen, market could break the support. Watching mid timeframes (H1 and M30) for trend confirmation.
Short
by ForexKei-Official
5
NXS Ascending TriangleNXS is on its way to big pump. If it can break upper line of its ascending triangle the pattern will complete and big pump is on its way. Chikou Span is breaking price up and big thick red cloud will end in couple of days. These very strong signals gonna pump NXS if it can break this resistance zone. Entry: 2600-3000 SAT Targets: 1) 3900 SAT 2) 4800 SAT 3) 5300 SAT 4) 5800 SAT 5) 6500 SAT 6) 7800 SAT 7) 9200 SAT 8) 10000 SAT Stop Loss: Close Daily Below 1900 SAT
NLong
by Crypto_Scorpio