We crossed short term trendline at 8:00 and retraced back to it but this time we also have a situation with support of previous range. I expect a nice move up from this zone, a different trading plan would be to move stop below the zone by quite alot and move take profit higher for a more long term swing. I recommend the shorter term move however with all the fear...
We broke the uptrend trendline and after that broke support. We might see acceleration to the bottom of the longer term Kumo Cloud. This is a very low risk for high reward trade.
short stonks opportunity if both Kijun overtakes tenkan and the kumo twist happens as well as soaring through a strong support.
Comment: EURUAD is trending down by Ichimoku Trend Analysis. Ichimoku Trend Analysis: - Kumo (Senko span A and B) down - Kijun sen down - Tenkan sen down - Chiko span below candles Next Scenario: Makret broke the support level of 1.1523 as well as Weekly Kumo. Market will be trending down as long as Kumo and Kijun sen are down.
EUR-USD Daily Ichimoku - Still bullish at least until November
Price has finally broken support zone, I am waiting for a candlestick confirmation such as a bearish engulfing candle under the support zone before I enter the trade.
Short positions below 87.3052 with targets at 86.0257 & 83.8932 in extension. Pivot: 87.3052 Comments: Chikou inside the candles. One might wait for the chikou to break the candles. Tenkan kijun cross, kumo cloud twist
Long positions above 6.4940 with targets at 6.5795 & 6.6650 in extension. Pivot: 6.4940 Comments: Chikou breakout, tenkan kijun cross, kumo cloud twist
Gold is acting exactly as predicted, going UP!! Watch video to see what I think about future movements.
we have a bullish V wave at 4 hours sorry i didnt update you earlier here are the targets Taergets NT : 1.19131 ( already achieved and tested twice ) Target N 1.19536 (tested twice and will test third today good return so far) Traget V 1.19613 (tested yesterday , i shorted it expecting to hit NT again but well i took profit this morning at 1.1926) Target E...
price is breaking the 4 hr kijun , The next support or attraction price 1.212 daily kijun and if momentum keeps on down it may bounce on the dailly SSA at 1.206 or 1.205. Needless to say that my real target are 1.198 and 1.182 because they are equilibrium levels at the weekly time frames, but that is another story , let's first how this trade goes. Good luck
All criteria on side for this LONG idea 1. Price is above kumo cloud 2. Tenkan sen above kijun sen 3. Chikou span above the kumo cloud 4. Future kumo is bullish 1:1.5 Risk to Reward ratio
all criteria on side for this LONG idea 1. Price is above the kumo cloud 2. Future kumo is bullish 3. Tenkan sen is above Kijun sen 4. Chikou span is above kumo 1:1.5 RR
all criteria on side for this short idea. 1. Price is below the kumo cloud 2. Tenkan sen line is below the kijun sen line 3. future kumo is bearish 4. chikou span is below the kumo 1:1.5 RR
After breaking 57K could easily see it jump to 67K as shown with the yellow trend line. Time period IMO within the next few weeks. Not financial Advice! Good Luck Traders/Hodlers!
I did a flow-up on bullish scenario of EUR/USD on daily. There is a time cycle. It seems there is always 7 bars from high to the next high (Taito Suchi). The next high could be on the fourth of may. I also applied price theorie according to V, N and E calculations. In bullish scenario price could hit V, N OR E. Be aware that im still learning to master time and...