The Pound has been slowly regaining some ground against the USD amidst Brexit and concerns over the US Government shutdown that is still in effect. Since the big move up we have been holding support while forming higher highs and higher lows. Adding to this the ichimoku confirmations that we currently have, I currently have a bias to the upside. I am looking for...
ETH has been trying to break out of a downward trend and as of yesterday it appears to be successful. We can use four Ichimoku indicators to tell us when to go long on ETH: Price breaks out above green cloud Conversion line (blue) has crossed above base line (orange) Lagging span (green) from previous period is above the cloud Lagging span is above the...
The red and orange lines (with price call outs) represent support and resistance lines from flat kumo clouds (hidden). Read more about this strategy here: ichimokustrategy.com Looking at 12H/6H Ichi indicator - paired with RSI reaching overbought areas in 6H and less time frames I think we have seen the top, and this will be confirmed by an extended drop below...
Hey guys! Analyzing past movements, we can see price used to move inside a downwards channel until it broke out from it. But not only that, it broke out and pierced through the Ichimoku Cloud in the weekly timeframe which is huge! So here's some plan: 1) Condition: -price must breakout from 0.58 towards the upside. After that, it should re-test the zone to give...
Price has moved out of the Ichimoku cloud on its way to the next targets of 26 30 35. I hope my analysis satisfies your expectations.
Monthly: Based on 5 lines of Ichimoku, it is ranging Bearish monthly Kyushu Ashi, monthly is very close to Kihon Suchi 9 (around 1 May) Weekly: Kumo down but now flat Tenkan-sen, Kijun-sen at a same level Chiko-span below candles Bearish Kyushu Ashi (can still bearish till next Weekly Kihon Suchi (also Monthly Kihon Suchi - aka 1 may) Daily: Kumo down however...
TSLA has almost constant news catalysts. The latest is the MSRP reductions to under the cap for the $ 7500 federal subsidy at least presently in effect. Musk is betting that consumer's buying power will be reduced in a recession but that demand will increase with the lowered prices and that supply will keep up with factories capable to the challenge....
AVAX USDT Binance Daily Ichimoku Shorting the Daily Kidjun...
Comment: EURJPY Daily chart shows a continuous uptrend after breaking the previous high at 132.710. Ichimoku Trend Analysis: - Kumo (Senko span A and B) are up - Kijun sen up - Tenkan sen up - Chiko span above candles Next Scenario: The market has been up for the last 9 days but since Kumo is very thin, it could retrace once market reaches the previous...
Comment: CHFJPY H4 timeframe is uptrending now but may reverse based on below confirmations. Ichimoku Analysis: - Kumo is bullish but very tiny - Kijun sen up but still in the Kumo Also market is close to the descending trendline. Next Scenario: Wait for a breakout of the trendline and look for a buying edge, otherwise may reverse backwards to Tenkan sen at any time.
Comment: GBPJPY Daily timeframe shows a continuously bear trend. Ichimoku Trend Analysis: - Kumo (Senko span A and B) down - Kijun sen down - Tenkan Sen down - Kijun sen below candles Next Scenario: Market is on a support zone between 149.03 and 148.51 area. Market could bounce from here and retraces back to Kijun sen. Better to wait for a breakout of 148.51...
Gold H4 has been in bullish momentum by below Ichimoku confirmations. - Price above Tenkan sen, Kijun sen, and Kumo - Chiko Span is above the price Market has been reacted by Tenkan sen in H4 and could continue the bounce. The initial target is Daily Senko span A.
EURUSD Daily chart shows a continuous bearish trend as per below Ichimoku confirmations. - Kumo (Senko span A) down - Kijun sen down - Tenkan sen down - Chiko Span below candles If market breaks 1.1702 level, then it can go down to previous support level of 1.1609.
The Ichimoku indicator is showing all short signals right now. The Chikou Span (yellow) is below the price line, the Tenkan Sen (red) has crossed the Kijun Sen (blue) downward and has moved below the price line as well. The Senkou Span A (cloud green line) has crossed the Senkou Span B (cloud red line) creating the red Kumo (cloud). Finally, the price line has...
USDCHF Daily shows uptrend by below Ichimoku confirmations. - Kumo (SSA and SSB) up - Kijun sen up - Tenkan sen up - Chiko span below candles Target is 0.9468 level.
EURUSD Daily timeframe shows bearish trend by below Ichimoku confirmations. - Kumo (Senko span A and B) down - Kijun sen down - Tenkan sen down - Chiko span below candles The ultimate target is at 1.1608 level. Time Cycle shows the potential Henka-Bi to be on 30th Mar.
AUDJPY H4 is in bearish direction based on below Ichimoku confirmations. - Kumo (Senko span A and B) down - Kijun sen down - Tenkan sen down - Chiko span below candles It could reach the next support level at 81.96.
GBPJPY H4 is downtrending based on below Ichimoku confirmations. - Kumo (Senko span A and B) down - Kijun sen down - Tenkan sen down - Chiko span below candles It can be continuously bearish to 148.11 but Kumo needs to be thicker.