going towards 1 🤝. But need to be careful as the thickness of the cloud suggests overbought situation. Make sure to book some profit.
Thick kumo cloud is a solid resistance. Need to confirm the exact momentum before entering any trade.
EURUSD likely to retrace, the current downtrend might take a break before it resumes.
Checkout my NASDAQ 100 analysis by ichimoku and macd
Finally breaks a good resistance & is inside the cloud. Now the same resistance has become a support & 1447 is the new resistance.
Finally got the tenkan & kijun bearish crossover. With the increase in price & decrease in volume along with the thick kumo cloud, don't think this rally will hold for long. Be careful with your longs & keep tight sl.
Here is a closer look at this ADA/USD 1 day chart: ADA is in a Ichimoku P Wave (the 2 converging Blue Trend-lines on Chart) on this daily timeframe. This P Wave is potentially Bearish because it is an inverted P. Note that the bottom trend-line of the P Wave is near the 38.20% ($0.430) Fib Retracement level. The Ichimoku Cloud Conversion Line (Tenkan Sen) is...
Still waiting for Tenakn & Kijun crossover. Till then scalp short on 4hr closing below 20636. Tp. 20k sl 20.88k.
getting resisted in this zone multiple times. Also tenkan & kijun about to get bearish crossover. Wait & watch game till further confirmation on the move.
Daily chart is obviously bearish. But if u examine lower time frame 15mins, 30 mins both are indicating fresh selling pressure. Possibly we would see gold to revisit low of 2022 flash crash, 1687. The risk would be somewhere abovr 1720-1725. Trade well and wisely. 🙏🙏🙏🙏
Tenkan & Kijun are bracing for a bearish crossover on daily tf. Need to wait till then. Can scalp short on 4hr tf though with a tp of 1066 & sl 1121.
As we had expected yesterday that market will get a pullback or sideways, same for today till we get the tenkan & kijun bearish crossover. Still 18.6k is a support.
My opinion is telling me that usdchf might go back below 0.98 level. Around 0.9730 to 0.9750 level again. As we can see 15 min chart usdchf is running below sma 50. Mscd bearish. Future cloud of ichimoku is bearish cloud. So I sell around 0.9820. Stop ABOVE 0.9840-0.9850. Trade well and wisely. 🙏🙏🙏
Nice PA happening. Will try for a pull back/sideways for some time to get the bearish tenkan & kijun crossover, then we may see a last leg drop of this bear cycle. For now 18.6k is the local support.
Hi everyone The index appears to continue its decline. We are forming a symmetrical triangle that the price is compact, and I think the candlesticks can break from the bottom of the pattern and reach the fibonacci goals. What do you think? Be sure to write to me
Hi The pound's downward trend seems to continue. The area I identified is a good area to enter the position. You can get into the deal with capital management. I am happy to know your opinion on my analysis 🙏If you have an idea that helps me provide a better analysis, I will be happy to write in the comments🙏 ❤️Please, support this idea with a like and comment!❤️
As we can see from H1 chart in bearish mode. My projection oil is set to retest previous low. Sell.....
Tenkan will act as an anchor here as it is above kijun. Also with lagging still inside the price, not much downward movement expected from it.