Accoding to TK cross , it seems to be bullish .
ICNETH TK cross just now but the cloud is red .
According to Ichimoku Cloud TA,the TK cross is a bullish cross if the Tenkan-Sen crosses the Kijun-Sen.
TK Cross above the cloud on the 4-hr.
Hidden divergence while forming an ascending triangle into the ichi cloud with a strong case for TK cross. Buy zone = Triangle support OMG looks strong in early 2018. New to TA, here to learn, Critiques welcomed
#1 Indicator: Ichimoku Cloud (Purple shaded area on my chart) - If price enters the cloud, most of the time, it will touch the other edge of the cloud. In this case, it touched the bottom edge of the cloud and should proceed to top edge. #2 Indicator: TK Cross ( Dark blue is 'T' line, light blue is 'K' line) - TK cross is a bullish move which supports movement to...
Bitcoin 4 hour chart - we just had an Ichimoku TK cross over. A break of support and the cloud might mean a continuation of a past trend. The landing zone area is colored. Short term bearish, long term btcish :)
We have a bullish signal in the form of a TK crossover in bullish territory (price above kumo). Chikou Span confirms signal above price and kumo twist signals green. Place your stop loss in the support area below 260, next resistance level is above 300.
Kumo breakout has occurred on the EURJPY. TK cross happened much before. Since the outlook for EUR is still bullish it might chop along for sometime before it heads down. I have taken an early aggressive sell on this pair already.
I wanted to point out that trend trading is trading support and resistance. What do i mean by that? the first thing i want to point out is you need to spot out support and resistance before you place a trade on the long or short side. Did price close above a key level? did momentum break out with it? if the answer is yes then there is a strong indication to the...