Looking into this trade for early next week or end of next week using ichimoku waves , time theory and %R . The waves are forming a first wave of 13 bars , the corrective also 13-1 bars. I expect most likely a third wave with 13 bars as well but could also stopped earlier at 9 bars before correction. I'll look at bearish cross with %R , a bearish candle with a...
Price is below the Daily, 60 as well as the cloud. This is a Type 1 trade with a High probability and good RRR. 2 Potential entries (it is one or the other, not both) PB Entry = 1.6315 Stop = 1.6335 Risk = 20 pips Profit target = 1.6163 ( The projected daily low) Reward = +152 Pips RRR = 7.6 - 1 BO Entry = 1.6254 Stop = 1.6279 Risk = 25 pips Profit target = 91...
The Month;y and Daily are Bullish. This is an advanced technique trade. the cloud is thick and and ascending which is what we need. Buy entry is the Senkou B = 1.7433 PT =is the Senkou A = 1.7515 Stop = 1.7413 Risk = 20 pips Reward = 82 RRR = 4.1 :)
AUDUSD trending below the ichimoku cloud.indicating strong downtrend towards 0.7150 4HR Time Frame Analysis forecast Kijun Sen Trend Downwards Senkou Span above the price ( Cloud Turning Red ) Chikou Span Trend Downwards ( Below the price ) Tenkan Sen Trend Downwards All Confluences are confirming a strong downtrend. Trade Entry : 0.7250 SL : 0.7275 TP : 0.7175
expecting a further movement south if wave structure holds. Ichimoku wave calculation (E) target added. I'll be shorting more than longing on the lower time frames this week. Any questions welcomed.
Hey traders hope you're well and you're spending a great week end with your family and friends! Or with the charts like me :) I noticed on friday this set up which is a high probability set up of trend continuation, with the complete indicator Ichimoku. You can see on the circle that the price tested the KiJun sen and that It has been rejected. We are currently...
Hello traders, welcome to another weekly market outlook from the Zentrader. A lot has happened last week and unfortunately the market hasn’t given us the trade we were looking for. We didn’t enter any trade, so we’re wrong about the scenario and setup, but without a consequence. Which is one of the better ways to be wrong. Before we look at the charts, let’s recap...
From the Ichimoku Cloud 4 hour Chart, OANDA:GBPCAD is looking to like a downtrend. This trend should last for couple of days as a downtrend. You should look to have a take profit between the 1.73000-1.69000.
ICXBTC Hi Traders. The market bounces off tenkansan and previous swing high. All indicators on ichimoku are bullish. Current price action showing good level of support at the tenkansan and a new buy opportunity presents itself at the current levels. For the aggressive traders. Pending buys can be placed on the break of the current rejection candle at 4890...
I'm using a double setting Ichi cloud and Black Kijun, with a full set of single Ichimoku and a Weekly Resistance point at 8161. Both single and double Kijun along with Double and Single cloud resistance are within the blue box. Set entry points at the bottom, middle, and top of the blue box. Target is bottom of the double settings cloud. This trade is called a...
Last Friday GU SHORT got +86pips then this month is 468 pips and this year is +890 pips. GU weekly candle became the No 10 Harguro candle. So still face SHORT if GU is below the mid-price of last week but need careful there will be change to 2nd wave of N wave in this week. UJ is lucky to close with a Yang candle. It is still possible to make prepare term to...
I would buy now for taking a few pips.
Doing some fun trading with Ichimoku, on demo, just because I like to learn this method. Thank you @Ichimoku_Trader for all the tips.
The GBPUSD range started on October 10th, 2016 after the pair reach an all-time low and was supported by the 1.21 level. With the Invest Diva group members, we've been enjoying some short-term range trading ideas ever-since. Now that Brexit talks are getting serious, I decided to take my focus away from our PowerCourse and write an update on this naughty pair....
Gold closed 6.6 points higher in the first full day of trading after the Fed announced a new interest rate hike. Price closed above many of the moving averages, including the 6, 8 50 and 100. It also closed above the 21 week moving average. In addition, as I called out yesterday, price did tag the 21 day moving average as was expected after the close above the 6...
Natural Gas fell today in trading to end the day under the 6 day moving average. This could be the first sign that the bull move over the last 2 weeks is over. With price closing right at the 8 day moving average and the top of the Ichimoku Cloud, we also had the first red Heikin-Ashi candle in 9 days. My strategy calls for waiting for a close under the 8 day...
Natural Gas continued its bull move up, closing above the Ichimoku Cloud. There is resistance above with the 50 day moving average and the 21 weekly moving average at 3.11 and 3.15 respectively.
Gold slowly consolidated today after selling off 5 points at the start of the overnight session. Then at the end of the day, price fell through the magical 1200 level (magical only because it's a nice round number :-) ). We now await the non-farm payroll numbers tomorrow at 8:30 am EST. If the ADP numbers yesterday are an indication, this number may beat the 200k...