Although I do not like trading anything below H1, starting Monday I will show some M15 setups so that you can see how I trade ichimoku on M15. This is not permanent so let's make it short and sweet Thank you all for your support You've been great
This is a great tool that I have never seen anyone talk about. Well, I'm talking about it
This is an example of how to understand the market in the context of ichimoku
This should be another eye-opener for you guys. If it is not, then you are missing something.
This should be an eye-opener for you guys. If it is not, then you are missing something.
This is a series describing my trading method which I then use to trade the markets live. Pres the link below to get all the slides and look at an example of my analysis Thank you for taking the time to read
This is a series describing my trading method which I then use to trade the markets live. Press the attached slide below to get all the slides and find an example of my analysis just below Thank you for taking the time to read
This is a series describing my trading method which I then use to trade the markets live. Thank you for taking the time to read
The overall macro trend still shows bear signals, and quite strong, but there might be a window for a trade here. The target is fuzzy, and the entry level is about 260. Trade with care.
I think the price will follow a trend like the proposed one. The 30min candles give the outlined path.
While the overall trend still feels bearish to me, the next few hours could see a price surge. I would think the best explanation is that people who notice the price stopped falling consider it a good entry for their positions or holdings. I'm still short, but reversals are sudden in cryptoworld.
Most of the explanation is on the chart, and I chose 4H to convey the prediction. The other scales seem to agree.
Another test to check my understanding of Ichimoku's spirit....still learning...this is for fun
GBP/CAD Daily is bullish with 50 MA > 100 MA > 200 MA, and pair is above daily Ichimoku Cloud. The pair looks like it could do one more pullback towards around 1.87 which is near the daily cloud and 50 MA, and also equal leg of triple three Elliott Wave structure. From there, I like it to the upside at least 50 back of decline from 1.96 if not continue primary...
In a similar way to CAD/JPY, AUD/JPY looks ready to rollover. It is breaking the wedge, touching 50 MA and reversing lower. 50 MA < 100 MA < 200 MA which is bearish in daily time frame. It's also below daily Ichimoku cloud, and trying to retest the cloud, but reverse lower before touching it. Pair should at least test 50 back at 91.8, but I suspect it can make...