venzito05

venzito05

Tenkan Sen crossed Kijun Sen, the cloud has not yet turned. If the price breaks through the cloud, it is a sell signal for me. For now, the risk-profit ratio is not great, we continue to watch the market.

venzito05 Updated 

Conversion line crossed the Base line from top to bottom - which is a short signal. On the one-hour chart, the cloud has already turned, now I expect 4 hours and a day. Maybe it's the start of a new trend or a correction, we'll keep an eye on the chart for opportunities. More aggressive traders can open a position, but I am more conservative and will wait.

venzito05 Updated 

The price is above the cloud. Currently, Tenkan-sen (Conversion Line) crosses Kijun-sen (Base Line) from top to bottom, which is a sell signal, but on the 4-hour chart. On the daily chart, the price is above the cloud and far from it, which is a strong signal confirming the trend!

venzito05

Conversion line is accelerating down, Base line has not yet reversed. It is far from the cloud. The signal has not been confirmed on the daily chart yet. Maybe it's the beginning of a new trend or a correction, we'll keep an eye out for opportunities.

venzito05

There are several reasons to open a short position. Conversion line accelerates down, Base line follows it. It is far from the cloud. The daily chart shows the possibility of a trend reversal, we need to watch for more signals. I have noted several price levels with high volume.

venzito05

The reversal of the trend almost seems to be confirmed. At 4H chart, Tenkan-Sen broke Kijun-Sen from top to bottom, the cloud starts to turn. We are following to confirm the daily chart.

venzito05

The price is below the clouds and far from it, which is a strong signal confirming the trend! Tenkan-sen (Conversion Line) crossed Kijun-sen (Base Line) from top to bottom which is a sell signal - on 4 hours and day chart. Also broke through the channel and accelerates down. We continue to watch for resistance.

venzito05

The price is above the cloud. Currently, Tenkan-sen (Conversion Line) crosses Kijun-sen (Base Line) from top to bottom, which is a sell signal, but on the 4-hour chart. On the daily chart, the price is above the cloud and far from it, which is a strong signal confirming the trend!

venzito05

If we reach level 83.46, I think the second wave will be over! Then I expect a nice third wave of about 300 pips! But we have to wait for confirmation!

venzito05 Updated 

In my opinion, we are very likely to be in the first wave of the third!

venzito05 Updated 

After 5 waves have been completed, a correction follows! Wave A is 5 waves - impulse! Then we had B! Now we are possibly in wave C - impulse! We finished the first of C! Now the first wave correction is starting!

venzito05

Wave B is coming to an end soon! Fibonacci level about 1,328! Then we expect Impulse movement for wave C!

venzito05

When the channel breaks, the expected profit is a minimum of 266 pips! Stop below the current bottom - 70 pips! If you are an aggressive investor, you can immediately open a long position with a very close stop! I'll do just that :)