CADJPY is still uptrend in long term based on below Ichimoku confirmations. - Kumo (Senko span A) is bullish - Tenkan sen up - Chiko span above candles The swing highs are found to be in time cycle of 24 (The most recent highs are in 23 cycle). Therefore, if market breaks the forecast lines, then the market can be continuously bullish to the next Henka-Bi which...
EURCAD Daily chart shows a continuous downtrend by below Ichimoku confirmations. - Kumo (Senko span A and B) down - Kijun sen down - Tenkan sen down - Chiko span below candles After breakout of the forecast lines market has been continuously downtrending. In terms of the time cycle the previous highs are in 9 candles, which is one of the Kihon Suchi numbers....
CADJPY Daily timeframe shows continuous bull market based on below Ichimoku confirmations. - Kumo (Senko span A and B) up - Kijun sen up - Tenkan sen up - Chiko span above candles After breakout of forecast lines market has been stably bullish, however, Doji candles appear since 15th Mar. Whether market breaks the previous Doji high 87.68 is the key for this week.
GBPJPY Daily chart shows the market is under retracement as below Ichimoku confirmations. - Kumo (Senko span B) flat) - Kijun sen flat However the market is still in bullish momentum as below. - Thick bullish Kumo - Tenkan sen is still up - Chiko span above the candles Below is the next possible scenarios. 1. If market will be supported by the trend line, it...
Gold Daily chart shows a temporary retracement by below Ichimoku confirmations. - Kumo (Senko span A and B) flat - Kijun sen flat - Tenkan sen flat Chiko span is below the candles so the momentum is still bearish. Below are the next possible scenarios. 1. Price will be resisted by the trend line and continues to go down 2. Price will be resisted by Kijun sen...
EURJPY daily chart shows continuously bullish trend by below Ichimoku confirmations. - Kumo (Senko span A and B) up - Kijun sen up - Tenkan sen up - Chiko span above the candles After breaking the psychological line of 130.00 last week it can go up to the next round number of 131.00 level. The market has been supported by Tenkan sen as circled, therefore it...
EURUSD Daily chart shows market has continuously been downtrending based on below Ichimoku confirmations. - Kumo (SSA and SSB) down - Tenkan sen down - Kijun sen down - Chiko span below candles and Kumo Please also refer to my video for P wave breakout strategy. youtu.be The next target is 1.1800 which is the support on 23 Nov 2020.
EURGBP Daily timeframe shows continuous bearish trend as per below Ichimoku confirmations. - Kumo (Senko span A and B) down - Kijun sen down - Price below Tenkan sen - Chiko span below candles If market breaks 24 Feb's pin bar low (0.8538), which is also Weekly Doji candle, then it could continuously be bearish. Also keep an eye on the Forecast Line Breakout...
GBPJPY continues to go bullish as below Ichimoku confirmations. - Kumo (Senko span A and B) up - Kijun sen up - Tenkan sen up - Chiko span above the candles The market has been consolidating at round number of 150.00. As long as market is above the Tenkan sen and support line, it could reach to the next round number of 151.00. If market breaks these lines, it...
USDCHF Daily is uptrend by below Ichimoku confirmations. - Kumo (Senko span A and B) up - Kijun sen up - Tenkan sen up - Chiko span above candles As long as the lines are bullish, market could break the psychological line at 0.92000.
EURUSD Daily is in P wave by below Ichimoku confirmations. - Senko span A and B (Kumo) flat - Tenkan Sen and Kijun Sen withi Kumo - Chiko Span close to the candles Trade chance will be after P wave breakout. Weekly chart shows bullish as price above Kumo and Kijun sen so it could break upwards.
EURJPY Daily shows bull trend as below Ichimoku confirmations. - Kumo Senko span A and B are up - Kijun sen is up - Tenkan sen is up - Chiko span above the candles The market is reaching to the previous high at 130.145 on 8th Nov, 2018. And considering the fact that the Kumo is thin, it might consolidate at this level and retest. Buying edge is after confirming...
GBPJPY shows a continuous bull market as below Ichimoku confirmations. - Kumo (SSB, SSA) up - Kijun sen up - Tenkan sen up - Chiko Span above candles Now market is reaching at the psychological line of 150.000 which is the previous high from 18 May 2018. Market might consolidate at this level, so needs solid risk management if you are looking for a buying edge here.
We experienced a very large pull back the past few days and it is reaching the previous high. This may serve as a support on the daily chart. Looking at the ichimoku, there have been two points recently that the chikou span struggled to cross through the price to signal a bearish sentiment. If this pushes through it may be possible that we are more in the bearish...
Euro has been rising for a while now and we're close to actually establishing a longer term ichimoku bullish trend now. We closing in on the kumo twist, chikou span is already above price and free, and tenkan/kijun are in a bullish formation. I am look for a drop back down to the kumo and support to hold for a chance to get into a longer term swing trade to...
The setup levels should look familiar as they match a previous breakout setup we had for USD/CAD. I am looking for a rejection at this flat kumo level for a breakdown to major price structure support again. It looks like we are already starting to form a bearish move down and I'll want to see it sustained with our normal ichimoku bearish signs. If we fail to...
USDJPY broke through the Ichimoku cloud and also passed an important resistance that we were monitoring. It seems to have good momentum, so I entered the trade with a risk to reward that is lower than 1:2, but with a concrete chance to move the stop loss very soon since the cloud is moving up due to the very strong bullish momentum.
EURNZD is about to test a very important level where we see the second line of the Ichimoku cloud and also a short-term support. The price is approaching this level with a clear sign that sellers are strong on the market, so we can start to think about bearish trading ideas. My idea is to wait for the breakout of both levels, placing a stop entry order right below...