Daily Chart: Bearish H4 Chart: Bearish H1: Re-entry opportunity 1) Tenkan, Kijun, Senkou span A and B are all pointing downward, with Tenkan and Kijun showing separation. 2) Chikou just broke the price level (support level), < Price 3) Stop loss at recent swing high 4) Exit plan = bullish TKX, price> Kijun, hits trailing SL based on ATR. It is unclear if it...
Daily Chart: Bearish H4 Chart: Bearish H1 Chart: Re-entry opportunity 1) Tenkan, Kijun, Senkou span A and B are all pointing downward, with Tenkan and Kijun showing some separation. 2) Chikou span is 'open'. 3) In 1 hr's time, if the price closes as it is now, it will constitute a fractal break on H4. 4) SL at recent fractal level. 5) Trailing SL based on ATR or...
Lowest 1.353 Highest 1.364 K624 1.357 Price will be down to 1.357 or 1.353 after that price will go to up trend if breakout 1.364. Target 1.37
For Paypal, The tentative to continue the bullish trend has failed. And now the trend is bearish in daily. The targets are : 251, 249 and 234
Daily chart: Bullish H4 Chart: Bullish H1 Chart: 1) Price > Kumo and Kijun 2) Doji candle formed just above Kijun (I would prefer a doji with long wicks, though) 3) Buy stop order a few pips above the high of the doji 4) Stop loss a few pips below the low of the doji or nearest fractal 5) Take profit at the recent swing high or when candle closes below the Kijun
Daily chart: Bullish H4 Chart: Bullish H1 Chart: 1) Price > Kumo and Kijun 2) Doji candle formed just above Kijun (I would prefer a doji with long wicks, though) 3) Buy stop order a few pips above the high of the doji 4) Stop loss a few pips below the low of the doji or nearest fractal 5) Take profit at the recent swing high or when candle closes below the Kijun
Bullish Kumo Breakout: 1) Price closed above kumo. 2) Price > Kijun 3) Bullish kumo twist 4) Chikou span > price Entry: Buy at the close of the breakout candle. Stop loss: Below the Kijun Take profit: Candle closes below Kijun. PS: Kumo Breakout took place 4 days ago. However I was waiting for the bullish Tenkan-Kijun cross to happen, as an additional...
In weekly the trend is still bulish, with correction phase, the level (1/3 : 338) was broken. The next level to check is 315.until that we wait for bounce signals In daily the trend is bearish, and all components of ichimoku are bearish.
High volatility and "rock and roll"... seen over the last 8 hours... Mid Bollinger, leading support indicator, worked once again perfectly well on a closing level basis :-) Last H4 candle on a closing basis triggered firstly a long white bullish candle..but secondly also triggered a second RSI bearish divergences, calling for a greater caution. In addition, a...
WEEKLY : Double bottom (@1.1270) gives a technical target @ 1.65 %; it has nearly been filled with a high so far @ 1.6150 Interesting to note that current level coincides with the former congestion top seen early this year between April and May. Therefore, this 1.6000/1.6500 area may this time trigger the second top and should be watch at very carefully ! DAILY...
Recent price action is showing a growing uncertainty about the direction of the trend ! Indeed, last H4 closing level is once again showing a potential downside breakout of the former uptrend channel. Therefore, price action over the ongoing H4 period and more important its closing level will validate or invalidate the breakout of the channel previously...
The Mid Bollinger Band (MBB) worked perfectly well so far in rejecting all downside breakout attempts !!! Therefore, as long as this support level (currently @ 54'595) hold, it should be seen as a supportive signal, calling for this ongoing upside move. Watch also technical indicators (such as RSI) which has already triggered, so far, only a minor BEARISH...
DAILY : Currently attempting to recover above the clouds in a consolidation mode. Indeed, as long as Gold stays and hold on a daily closing basis above $ 1'720,00 it should still be seen as a consolidation phase in a broad sideways triangle price action. In order to neutralise the downside risk, Gold should break and hold sustainably above the $ 1'840.00...
The Crypto Frog uses its Ichimoku Analysis Process by looking at a glance at the BINANCE:BTCUSDT Daily chart using the “Crypto Market Settings” for the indicator as 10-30-60-30: Macro Trend Analysis using Kumo : Tendency: The long uptrend that had been weakened and then interrupted by the Kumo Twist is now recovering. The Kumo has performed 5 twists in this...
Following the strong rally seen over the last couple of days (4 successive white candles) the BTCUSD lost momentum and switch from an upside price action to a sideways price action in a narrow slightly up orange channel (currently in a 53'500-56'500 trading range) and facing right now roughly the middle level of this ongoing sideways/up trend channel. Looking...
Yesterday's price action triggered a "DOJI" pattern which is showing a "persisting uncertainty and indecision" about further direction. Indeed, such kind of pattern should be seen as a gentle warning reminder which could impact the recent ongoing uptrend price action... As long as the ETHUSD hold above the clouds area (support area) it is fine and this could be...
Hi dears It seems that a head and shoulder pattern and a harmonic pattern have been formed and we are witnessing an upward wave. Do not forget the loss and profit limits Good luck.
Volatility seen yesterday inside the triangle pattern; indeed after having been under selling pressure, test of the triangle support line, which finally hold and trigger a nice rebound, in breaking on the upside in reaching a high so far of 14'905, filling on its way up the 50% Fibonacci retracenent @ 14'883 of the former leg down from 15'399 to 14'367. The...