have been saying since many days that consolidation is going on. Still many becomes bullish & bearish on a small pump. Need to be careful with your trade since indicator is still in bear phase. Instead of trying to find the bottom for $BTC, need to look for short opportunity.
Based on 15 mins chart it is bearish for usdjpy. Risk for the short position is ABOVE 135.92 (the risk area). Trade well. Trade wisely. 🙏🙏🙏
Ichimoku analysis on Gbp/Aud shows that there is strong support (in the blue box), where the push, kijun and kumo seem to form a flat line. Areas like this are usually strong areas. Seeing the ichimoku cloud is also starting to thicken for an early sign of buying influence. It's better to keep waiting for a bullish candle to confirm the entry of a strong buyer.
kumo crossover is still pending on 4 hr tf. Also the lagging is inside the price. If you are looking for scalp opportunity than need to wait for these indicator to turn bullish.
Chikou span coming close to the price and all the remaining indicators pointing downwards. Similar pa happened earlier, after which a consolidation happened before a new move.
Price is above Tenkan now. However this time keep an eye on chikou span as it is slowly making its way into the price. If it gets in the price than it will help in consolidation for next move.
Could this be a short term buy for oil? At least is shown by h1 chart of oil. All indicators are appointing to the bullish side. Risk area now is BELOW senkou A. Trade well. Trade wisely. 🙏🙏🙏
BTC is in a massive Falling Wedge Pattern. A Falling Wedge Pattern is potentially a Bullish Reversal Pattern. Note that the APEX of the Falling Wedge Pattern is around March/April 2024. BTC is in a Negative Ichimoku P Wave Pattern. BTC has been in 2 Previous P Waves from the all time high and both P Waves ended with further drops to the downside. BTC is also in...
Based on 30 mins chart, there is bullish moment currently for Dow Jones. For this short buy position the risk is below senkou B (I mark with the text as risk area) Trade well. Tradr wisely. 🙏🙏🙏
Still holding onto that support. Now kijun is also pointing downwards along with kumo. Weekend volume saved it from further downfall. Toady will be interesting for $BTC.
As long as stays below senkou A (the risk area I mention here) it is very possible for EURJPY to go down below 140 (probably 137 to 138 area). MACD is showing bearish mode. Future cloud of ichimoku is indicating bearish mode too. Trade well. Trade wisely. 🙏🙏🙏
Wait for this P-wave breakout on $BTC for any new trade entry. One of #Ichimoku Wave theory applications.
Powerful Pin-bar Shooting Star. Price Below The Ichimoku Cloud - Tested Return To Cloud And Was Rejected. A Veritable Forest Of Long Upper Wicks. Bear. Drop Of Price Imminent.
This is an educational post analysing BTC/USD 1 day chart using a mixture of Goichi Hosoda's Ichimoku Ichimoku Kinko Hyo System, Cloud, Number Theory, Price, Time and Wave Principles and introducing you to these methods if its your first time hearing about them. I have been experimenting with the entire Ichimoku System so I hope that you find this post interesting...
WEEKLY (W1) Status quo, weekly closing level roughly the same than the previous week ! Still caught between the Kijun-Sen (Conversion Line) in support @ $ 102.39 and the Tenkan-Sen (Base Line) in resistance @ $ 110.94. The $ 114.10 level, mentioned in my last analysis of June 26th, has not been broken, highest level reached intraweek being $ 114.05. Last...
Hello to all dear traders Hope you are so good. Agree with a long term analysis? I started the gold analysis from the monthly chart, and I think gold may have down to $ 1680 in the coming months, but to make sure I had a closer goal for gold. The candlesticks may be in place in these pricing areas, however, I think gold will sooner or later start the path I...
From the current chart and the indicator perspective the market is bearish. Current price is below MA50. Future kumo of ichimoku is bearish kumo. The risk if you wanna go short is beyond senkou b. There's potential nasdaq to revisit this year low at 11,038. Trade wisely, trade well. 🙏🙏🙏
From ichimoku and macd perspective, us 10 years bond yield is set to tumble. Could this lead to reversal for usd currency? Is this time to rise for usd's rivals? This could be a sign for usd reversal after rising so far this year. Just bear in mind always : what comes up will come down.