Will it make it too our target? For those who took my trade set-up need to start looking at moving there stop down to where they feel comfortable. When using Ichimoku, I'll use the five lines to gauge where to move my stops.
Ichimoku 'Wave', forming a nice trade entry into a short position. I have only calculated the 'N' wave. (of note, trading this pair I have found the Ichimoku 'N' wave to be the most frequent hitting target. How I trade this set-up (this is my classic way of trading this set-up) Conservative - Enter now as price has already pasted the 'B' leg (109.749) and set...
Ichimoku 'Wave', forming a nice trade entry into a long position. I have added both 'N' and 'V' wave calculations. (of note, trading this pair I have found the Ichimoku 'N' wave to be the most frequent hitting target. How I trade this set-up Aggressive - Enter now and place your stop on the 'C' leg (110.254) or bottom of projected Kumo (110.523). (I only trade...
Now that the battle in the cloud is over and the Bulls seem to be hiding, we must see how far the Bears will take their advancement. I have added two waves, Ichimoku 'E' and Ichimoku 'V'. The Ichimoku pattern I have drawn matches a 'V' pattern more then a 'E' pattern; however; the 1Hr chart appears to me to still be in a range and not showing a clear healthy...
Price has retracted back (110.623) to last area of defense (kumo). Possible trade set-up close to becoming invalid. For trade to become valid, price needs to break 'B' wave. Of note this trade set-up, it would be wise to trade conservative. Conservative - Await for price to break the 'B' leg (111.050) and set your stop on the 'C' Leg (110.585). If price drops...
N - 33 candles Angle ~ 45deg for I waves What next ?
I think that next week will a correction week.
All signs are pointing up, waited for a nice pull back to jump in the big push forward
Maybe divergence @MACD This is new high time for correction @D1 End of N structure (Ichi Wave) @W1