Comment: AUDCAD Daily timeframe shows bearish market by Ichimoku. Ichimoku Trend Analysis: - Kumo (Senko span A and B) down - Kijun sen down - Tenkan sen down - Chiko span below candles Next Scenario: The market is breaking the previous support as well as Doji in Daily timeframe. The market is going bearish continuously.
On the DLY chart, the break of the trendline is confirmed and the LS is now above the price => long bias. Confirmation on the break of the the TS (entry level). On the H4 timeframe, mind the Lagging Span who is still undecided on what to do with the trendline... Glossary : WLY = Weekly DLY = Daily TS = Tenkan Sen KS = Kijun Sen LS = Lagging Span/Chikou...
For educational purposes. Once again, we can see how precise ICHI is... the price stopped exactly at the DLY KS in extension (blue dotted line). #onlywithichimoku !
The price crossed the Kumo on the DLY TF and the lagging span validated by breaking both the Cloud and the trendline. The price almost reached the first TP. Pullback to the TL by the lagging span is possible. OPEC today so high volatility is to be expected.
Trend reversal as the price are now below the DLY Cloud. The price also broke the lower trend line of the Andrew Fork. The price is now testing the Kumo breakout = Neutral. Glossary : WLY = Weekly DLY = Daily TS = Tenkan Sen KS = Kijun Sen LS = Lagging Span/Chikou Span TL = Trend Line TP = Take Profit SL/INV = Stop Loss / Invalidation level TF =...
The price reached the WLY TS, which is also represented by a double daily KS support. Breaking this level will open the potential next TP to the WLY KS. Watch the Lagging Span as it still needs to cross the TS to validate. Lots of FOMC talks (blah-blah) later today and tomorrow is NFP day, so watch out.
What a hidden gem this pair is slowly accumulating more and more position towards bullish
This Crypto Pair just bounce out on kijunsen its kinda to see that its respect the snr line
BTCUSD, dead in the water. Stuck between its TS and KS. I see two scenarios : 1) The price break the DLY KS which would be a signal that the uptrend is resuming 2) We break the Cloud below, meaning the correction is not over and the target zone highlighted in my previous BTC analysis is still valid. On the H4 chart the price is stuck between the Cloud and its...
Pretty much the same configuration as with my analysis on the EURAUD. The price was rejected 3 times by the WLY KS and only a break of the Cloud + LS crossing it would confirm a reverse of the trend on that TF. Glossary : WLY = Weekly DLY = Daily TS = Tenkan Sen KS = Kijun Sen LS = Lagging Span/Chikou Span TL = Trend Line TP = Take Profit SL/INV = Stop Loss /...
The WLY KS rejected the price 3 times over... The LS also bounced from the same WLY KS. Again, only with ICH you get that PRECISE! Crossing over the Cloud could give a bullish signal, but mind the LS that would need to crossover as well and mind the WLY SSB that I marked with the black dotted line on this TF. Glossary : WLY = Weekly DLY = Daily TS = Tenkan...
USDJPY is on the support level of the DLY KS in extension (blue dotted line). Breaking that level will give us a potential first TP level @ 112.137. The next level of support is the DLY SSB. Again, breaking that level (+confirmation) might drive the price further down. Glossary : WLY = Weekly DLY = Daily TS = Tenkan Sen KS = Kijun Sen LS = Lagging...
On the DLY chart, the price may retrace back to its KS. On this H4 chart, the price stopped exactly at the H4 KS level above the H4 Cloud (only with ICHI you can have that level of precision). The price tested the Kumo break and seems to be willing to go further. The LS is still in the Cloud so we are still in retracement strategy rather than a change of trend...
Bearish on 4h-1h-30m TF; Chikou span below prices; Kumo cloud is green and has a good slope; Senkou span A and Senkou span B are not flat; Kijun-sen is looking down; Most likely price will retrace back to Tenkan-sen and continue down.
its obvious bearish outlook but you should note that this guy just newly break the structure and the volatility of this pair is strong.. Chinkou span is still pointing downward while tenken and kijun just guiding the price to its trend
The price is still completely neutral for the moment. The price is working its WLY KS and is stuck between the TL and the said WLY KS for the pas 3 days. The thin Cloud which is always a risk in a sense that the price can cross it very quickly. As a reminder, crossing the Cloud in that timeframe will mean that Gold will have reversed and entered in a medium term...
ETHUSD is testing its daily Cloud. On the Daily TF : 1) The price is testing its SSA on the top of the Cloud. 2) I've market 2 resistance levels that are the Tenkan Sen levels that the price will have to breakout to signal a resuming of the uptrend. 3) Breaking those levels will most likely attract the prices to the daily Kijun Sen level. 4) On the contrary,...
BTCUSD is at a critical level as per Ichimoku analysis. On the Daily TF : 1) On the DLY chart we see that the price reached the SSB. 2) Breaking that level will open the way for a correction to the TP zones I have marked which correspond to a confluence of Weekly (KS) and Daily levels. On Weekly TF : 1) The price is testing its Tenkan Sen and on that TF we...