Hello all This stock is out of earnings. Trendline is broken and decent pullback to kijun. Chikou is above price. Weekly is above kijun. I have decent risk reward here and will take a long at market open. Giving it little wide stop. Lets see how it plays out.
Taking a long setup here. Weekly had false breakdown. 8h tested cloud and got rejected twice. But kijun provided good support. It is currenly testing trendline . Chikou is above price. My initial target is at daily cloud top which gives me 1:1.5 RR. Lets see how it plays out. I do expect much further upside in this pair as well as audnzd.
Hello guys I posted yesterday about my audnzd idea. I was watching this pair and nzdusd before rbnz as there were signs of turnback. Took a long earlier today and so far its good. Weekly audnzd is consolidation but one thing to note is price is 1.04 is strong support and price keeps finding buyers there. CS is still below past candles. Daily is breaking out out...
Just another setup i been watching and ready to pull the trigger now... Lets take a look through my Kumonashi system. Weekly broke kijun and price tested kijun and failed. Macd is above zero line but crossed down. Momentum is to the downside. CS still above price however Daily ha delta is below zero . Price failed at kijun after initial sell wave. Can just be a...
hey guys hope you had fantastic january. It was busy month in markets. I am pre positioned for my trades for tomorrow. I just noticed something in oil. Not a set up yet but similar pattern emerging. Thought to share. Look at two blue boxes i marked alongwith macd. Price is sideways now and macd is near zero line. If cloud breaks form here, it can bring a nice...
Here are some thoughts on nasdaq... We got wedge in wedge going on. These type of patterns usually resolve in big move to downside and its sharp. It is still bullish ichimoku however. Price has to break cloud for it to become bearish. By the time, that happens , the first leg to downside will finish and then it will pullback giving you second entry to ride the...
This is another trade i am stalking. My audnzd and gold longs are doing well. I am also in usdjpy short. All trades were posted here. Lets see how it goes this week. On eurnzd , here is the breakdown.. Weekly: There is a massive head and shoulder bottoming pattern taking place. Ichimoku is however bearish but macd is cross up Daily: There is a big TL coming into...
Hello traders. A very happy new year to all of you . Here is set up i am stalking. on reversal candle here on 8H, going long targetting psychological number 1200. Chikou span is clear and we have bullish kumo twist here. Also, weak bullish TK cross. This is a counter trend set up on higher time frame. So use appropriate position size. Weekly tenkan and kijun need...
Taking this trade opportunity. Weekly chart is not shown here. But TK is very far from price. Last action was fast to the upside . Daily macd is down and ichimoku is bullish . Kijun is being tested. 8h has bearish kumo twist and cloud is breaking. chikou is in open below price and there is double top. Macd is turned down. My target is arround 110 This trade...
This pair is setting up for long. Since sept, we have 5 waves up. This correction is possibly ending here and i expect a move to 1.0750 and beyond. This is my number one pick for 2017. As of now, I am just watching it.
German bond yields are testing weekly kijun. The initial breakout failed and they retraced a bit.I expect this support to hold and yields to reverse from higher from here. Once the reversal is confirmed, i am keep a close eye on bunds for short. They are getting ready for move to the downside imo. No trade for now. Just me thoughts on this chart. I overlayed the...
Here is my another pick for 2017. FEZ (EUROPEAN STOXX50) is breaking TL from 2014 on weekly chart. Daily is above cloud now. If we get one more dip lower and reverse, i will take a long here. Or another option to wait for break of 33,50. 34.72 is R1 and after that its clear. Can be a good trade with potential target of 45
This is interesting development. There is LT trendline at play here. If it is broken and we get Tk cross, i will look for long entries on daily TF. So,far we have rejection. Next month, TK will be flat and might act as support . I am closely watching usdollar in 2017 for behavious change. No trade as of yet in this etf, but can present a very good opportunity ....
This is interesting chart . Thought to sure. We are hearing news about dow 20000 everywhere. Market is very optimistic and bulls are all over the place. Looking at china etf ( you can check index if you want), looks like some trouble is coming. Weekly chart tested the TL and got rejected. Price is also breaking kijun sen. There was also 200 sma there and price...
This one looks interesting. Price is trying to break out of cloud. CS is above price. Mac d is crossed up. Trendline is breaking. This can see some acceleration to 260-270. I am watching it for long entry.
I am taking a stab at audusd short ahead of fed and ecb...Lets see what charts has to say: Monthly: Price actions is bearish. Below TK and 200 sma resistance. Below cloud. Weekly: TK has not crossed yet but they are strong resistance now. Prices is at support. Although price can grind here for few more weeks.Macd is crossed down .TL has been...
Italy referendum is here. This might just be catalyst for sell off...I took short Friday. So lets take a look at charts: Monthly: Just another red doji. Mometum failing to upaide. macd is ready to turn lower. Weekly: Another doji again. Look at highlighted pattern i have shown. price has memory .Trend is however bullish but macd is still down Daily: Below cloud...
Monthly support shelf is holding in cloud so far. Kijun is flat which means prices are in range . Weekly: We got reversal from support zone . this support has been tested 4 times and we bounced again. Still below coud and at 200 sma Daily: Prices testing cloud top. we have tk cross. Watch it for now. A close above resistane might cause prices to catch up to...