Shealy

Shealy

As we can see the falling wedge pattern has been playing out over the course of a year. We have now broken the wedge pattern and the trendline and now retesting the previous lower high. Could the S&P now see a new high this year or is this a false breakout or a market trap? I will be keeping an eye on this pattern in the next weeks to see how this plays out.

Shealy

evening traders. Trading has been choppy recently with these current markets but is the us30 heading for a bull rally? We have 3 signals in the ichimoku trading strategy triggered, base line and conversion line crossover, green cloud and lagging span above the cloud. Price has also broken the downward trend line and if we close above then we could be seeing a bull...

Shealy

Evening traders. Ive been watching the spx500 for quite sometime now. If you look and my chart the price has bounced off the trend line quite a few times. I was expecting to see price move in between both trendlines, squeeze and push either upwards or downwards. As per my strategy my sell signals have triggered which are all highlighted in red. RED cloud formed....

Shealy Updated 

Evening folks. Ive been looking at these charts for a few weeks now and it looks like we are setting up to hit previous lows or possible new lows. As you can see we have bounced of the resistance trend line which seems to be a pretty strong resistance. We've had price break below the cloud which is part of my ichimoku strategy. What im waiting for are the red...

Shealy

Evening traders. As you can see we have which looks like a descending triangle pattern on the hourly chart. We have multiple touches on the resistance line and currently moving downwards back to support. We have also had multiple touches and breaks below the 0.382 fibonacci line. What does this all mean? Well if we can get a close below 0.382 and stay below that...

Shealy

Whats happening traders. So as some of you know i use the ichimoku cloud trading strategy, and 3 of the alerts and signals have just triggered. Signals being the red cloud, base line and conversion line crossover and the lagging span has breached to the underside of the cloud. If we dont get a bullish rally this week and the lagging span remains under the cloud...

Shealy

Nasdaq is in bear momentum at this current moment. As you can see with all my analysis you can clearly see the sell triggers which are circled, we also what looks like a bearish engulfing candlestick pattern was formed a few trading sessions go (blue square). So we have lots of triggers indicating that there is more lows to be had. Although we could see a...

Shealy

Morning folks, as you can the ichimoku cloud is indicating BTC is in for a drop in price. Ive highlighted 3 key alerts for a sell signal for the ichimoku strategy. I have been watching this for a while and the main signal i was waiting for was the lagging span to cross below the cloud. If we finish of this day with the lagging span below the cloud and price...

Shealy

Analysing some charts for the following week and found what looks to be a head and shoulders bottom forming. Is the sell off not finished? Could we see another leg down before we recover? Price broke up past the cloud but this could mean a false breakout and a short term rally, price has dropped below the conversion line and closed below the past 4 periods. The...

Shealy

Evening folks. I noticed this ascending channel on the UK100GBP which seems to have broke the support line. Could this be a false break out or is UK100 heading towards a bear market. If we get a few closes below the current channels support then we could see price fall. As for my strategy i'll be waiting for the cloud to turn red, a conversion line and base line...

Shealy

GBP/JPY has formed a double top pattern which has triggered some of my sell signals. As you can see i've highlighted my sell signals which are base line and conversion line cross, red cloud, price below the cloud and lagging span also crossed below the cloud. I'm expecting to see a minor pull back towards the cloud at 153.372 then a continuation off the trend...

Shealy

Here we have a head and shoulders pattern that looks similar to the one I found on the UK100 chart (see previous) which played out nicely. Could we see the same scenario here? I'll be waiting for some more signals before entering any trades because I think there could be a pullback before another move downwards. Let me know yours thought/analysis too. Cheers

Shealy

Hello people, doing some late night research for the week ahead for trading. I found this (almost perfect) head and shoulders pattern on the 4h timeframe on the UK100GBP chart. Head and shoulders pattern is a reversal pattern so we could be seeing more bearish movement this week. Theres also some Ichimoku cloud bearish signals which some are RED cloud, Conversion...

Shealy

Afternoon chaps. Well it looks like we have a definite bear market on our hands. Ive highlighted 2 crossovers which are bear signals, the 2nd crossover happened below the cloud which is a strong bear signal. Ive mentioned the other bear signals in my last BTC analysis if you want to have a look. Now for the reason I think we could be seeing a 30k BTC is the fact...

Shealy

Hello chaps. Here we have textbook Ichimoku bull signals (im actually late at noticing this). The 3 highlighted areas are great indicators to tell us that we can start looking for a LONG position. The price target we could be looking at is around $90 and if we close above $90 we could even see a move up to $105! Its definitely something to keep an eye on. Let me...

Shealy

If we look at some of the bear triggers that Ichimoku shows we have a fairly large red cloud which typically means the bears are in control of the trend (thicker the cloud stronger the support and resistance), we also have the lagging span below and quite a distance away from price which is a fairly strong bearish signal from what i believe, aswell as the...

Shealy

As you can see we have 3 bullish ichimoku cloud signals on the 4h chart. We have a cross or the baseline and conversion line just above the cloud which is a strong bullish signal, we have the lagging span above the current price which is the second bullish signal and also have a green cloud. This could indicate a move towards the resistance level at roughly...

Shealy

Possible move downwards on the NAS100USD chart. 1h time frame. I'll be looking for more signs of a move down before entering a trade. We do have the conversion line cross below the base line, although it is a weak signal, but nonetheless a bear signal. I'll be keeping my eye on this. Comment below and let me know your thoughts.