On the H1 TF, all the Ichimoku signs are bearish. This is a kumo breakout trade with confirmation from secret indicator.
With this pair we've seen a big move down over all the fundamentals at play with EU and Brexit situations happening in Europe. We are still holding here at tenken sen so I am looking for a technical indication for a chance to get into this bearish trend. There are a couple ways I could approach an entry here but I am going to look to enter on a break below our...
On the daily TF, we have a bearish tenkan-kijun cross, chikou span is below price and a bearish kumo twist. Price is basing along the kumo edge and is a little far away from kijun. Give this pair some time and we should begin to see the start of a new bearish trend.
The daily TF is giving hints that a new bearish trend is about to kick in. A bearish kumo twist is to be expected within the next few days.
On the daily TF, all the Ichimoku signs are bearish. Price is basing at a 52 week low. Traders may place a sell limit order on this pair to get a better entry price.
Price is basing under the kumo. There is bullish tenkan-kijun cross and the future is bright. Similar to AUDNZD pair, the main concern is that the price is a little too far from the kijun.
Price is basing under the kumo. We have a bullish tenkan-kijun cross and a bright future. %R confirms the strong bullish momentum. The only concern is price is a little too far from the kijun.
On the daily TF, price is basing off the kijun. We are witnessing the making of a roll-over. Tenkan is pointing upward while the kijun is flat. I am expecting price to reach the kumo bottom, at the very least.
On the daily TF, we just had our bearish tenkan-kijun cross. We have a very thick future kumo but span A is pointing downward, signaling a potential bearish kumo twist in the near future. The last daily candle was a bearish candle with a long upper wick. Strong bearish momentum is confirmed by the %R. Price is currently at a strong support, but my bias for this...
Price is moving along the kumo edge aka kumo bounce. I am expecting the price to make a minor correction before hitting a bull run.
Price has been on an uptrend since last week and it is currently basing at the kumo bottom. Price has also closed above the weekly kijun. A new bullish run is expected.
On the daily TF, price is rejecting off the kijun with a bearish spinning top. All the Ichimoku signs are bearish with confirmation from %R. Price has pulled back to the previous support turned resistance. Entry was taken based on H4 FFB.
I know a lot of my recent setups have been on the swing trading side of things so for this one I'm going to look for a little shorter of a move. This pair has fallen down to kijun sen and is holding support there currently. I am looking for a move back up to grab some brief profit. It's worth noting that I am setting my TP at a level that I see us forming a lower...
This setup will probably be a little bit slower to complete if we do indeed get the move back up to the levels I want to see. We are still recovering after the flash cash so price is still trying to stabilize. It is still a little early to tell but it looks like we may have finally found some solid ground. We have the kumo breakout and bullish kumo twist, but I...
The Pound has been slowly regaining some ground against the USD amidst Brexit and concerns over the US Government shutdown that is still in effect. Since the big move up we have been holding support while forming higher highs and higher lows. Adding to this the ichimoku confirmations that we currently have, I currently have a bias to the upside. I am looking for...
A few days ago, I stated that we are expecting a bearish kumo breakout within the next few days and so it did. Check out the link below: On the daily TF, all the Ichimoku signs are bearish. Span A and B are both angling downward at 45 degree. Chikou span has broken free from the kumo. I am expecting a home run for this pair.
On the daily TF, all the Ichimoku signs are bullish. Price is sitting on a significant support level as confirmed by span B and kumo shadow. It is highly likely that we are witnessing a N wave formation to the upside. Entry was taken based on H4 FFB. However, It is also possible that the N wave pattern could be aiming for the downside. Therefore, we will take...