Ichimoku_Hokage_Ninja

Ichimoku_Hokage_Ninja

1) Inverse head and shoulder is emerging. 2) Bullish kumo twist is spotted. Trade plan: a) Trade the breakout of neckline OR b) Long when the candle closes above the kumo cloud (kumo breakout) c) TP = distance between head and neckline, SL = distance between right shoulder and neck

Ichimoku_Hokage_Ninja

EP = 0.72545 SL = 0.73090 TP = 0.71850

Ichimoku_Hokage_Ninja

EP = 0.72545 SL = 0.73090 TP = 0.71850

Ichimoku_Hokage_Ninja

EP = 1.17090 SL = 1.18070 TP = 1.16010

Ichimoku_Hokage_Ninja

EP = 110.332 SL = 109.760 TP 1 = 111.820 TP 2 = 114.32

Ichimoku_Hokage_Ninja Updated 

1) Price above kumo. 2) Future bullish kumo. 3) Stochastic shows oversold conditions. 4) Chikou span is currently at previous kumo support (1st star)? 5) Price is currently at previous kumo support (2nd star)? 6) Bullish TK cross. 7) Good risk to reward ratio. 8) Chikou span is in a "neutral" territority and has alot of room to explore its options before hitting...

Ichimoku_Hokage_Ninja Updated 

In the 4hr TF: 1) Price touches kijun sen. Will the candle close above kijun sen??? 2) %K crosses %D from below. 3) The angles of %K and %D are at 45 degrees. 4) Current Stochastic value = 60 5) Kumo has two flat resistance lines. In the daily TF: 1) Stochastic is at oversold. The long term trend is bearish. Therefore, this is a short term long trade. Do not...

Ichimoku_Hokage_Ninja Updated 

In the 4hr TF: 1) Bullish kumo breakout 2) Weak TK cross 3) Future kumo has a flat resistance In the daily TF: 1) The current candle has not closed but it is above the kumo 2) Bullish future kumo with a flat support 3) %K crosses %D from below 4) Current Stochastic value = 63 The market seems to be ranging at the moment and heading towards resistance, pending...

Ichimoku_Hokage_Ninja

In the 4hr TF: 1) Bullish kumo breakout 2) Stochastic shows overbought 3) Weak TK cross In the daily TF: 1) Wide gap between TK lines 2) Flat kijun sen 3) Price below kumo 4) Bearish future kumo 5) Good risk to reward ratio 6) %K intersects %D from below 7) Stochastic divergence shows increased bullish momentum 8) Current Stochastic value = 61 Is...

Ichimoku_Hokage_Ninja Updated 

Price has retraced to kijun sen. Chikou span above price and cloud + Price above cloud + Bullish kumo twist. Good entry with excellent risk to reward ratio.

Ichimoku_Hokage_Ninja Updated 

Higher TF shows a strong upward trend. The collapse of the health care bill + potential free trade deal between 11 countries without the inclusion of USA = lack of confidence in USD. In the 1hr TF, the prices are "consolidating" = good entry point. Alternatively, one may enter when price touches kijun sen. Price is approaching LT resistance.

Ichimoku_Hokage_Ninja Updated 

Price closes below the ascending triangle + kumo breakout. At higher TF, price hits resistance + large gap between tenkan sen and kijun sen. Hence, kijun sen will act as a magnet to pull the price towards itself.

Ichimoku_Hokage_Ninja Updated 

In the 1hr chart, there is a kumo breakout and a TK cross.

Ichimoku_Hokage_Ninja Updated 

EUR/GBP could be turning bearish. Since weekend is approaching, it is not advisable to open any more position. Eur, Yen and GBP are in the spotlight for next week.

Ichimoku_Hokage_Ninja Updated 

Price above cloud + Chikou span above price and cloud + Bullish kumo twist + Approaching resistance Trade with caution because US CPI core data will be released in 2.5 hrs' time.

Ichimoku_Hokage_Ninja Updated 

Watch out for kumo breakout.

Ichimoku_Hokage_Ninja Updated 

Chikou span is above price and cloud + price is above cloud + kijun sen's angle is at 45 degrees + bullish kumo twist. Alternatively, you may enter when price retraces to kijun sen.

Ichimoku_Hokage_Ninja Updated 

In the 1hr chart, chikou span is below the cloud and price + kumo breakout + bearish kumo twist