Ichimoku_trader
Could S&P500 fall from now on. S&P500 reached the cluster of two 161.8 Fibo and equality of waves V and I = 16. I believe we might see a pullback from now on. Do you think technical analysis can stop this train from further growth of 500 biggest companies of US will keep on going without a break? I'm certainly trading this setup.
hi MyFriends Hello friends
There will be a very good uptrend that I suggest you do not miss in any way. Your purchase can be in the purple area, so if it comes down in the red area, you can buy again or you can wait until the red area.
Ichimoku AdvancedHi, traders!
Today we are going to complement our Ichimoku article with some techniques that we use in our rading staff. We hope, you’ll master indicator and integrate it in your strategies. How we’ve already said, Ichimoku is extremely powerful indicator which is able to demonstrate some hidden information of market and even predict the future prices. Never the less, we’ll give the main application that we use in our daily trading stuff.
ROSE/BTC LongROSE/BTC looking good for continued upwards movement:
A Livermore cylinder has been printed with increasing
volume on the price rises (indicated by the + signs) and
the decreasing volume where the price falls (indicated
by the - signs).
Once the 7 wave finishes and price holds above the
0.236 Fib retracement line, we can expect the
violent 8 wave to transpire taking us to at least the
1.618 Fib retracement line, even the 2.618 line
@.00000515
and
@.00000675
respectively.
Ichimoku is nearly as bullish as can be:
-Kumo cloud is green
-Tenkan is above the Kijun
-TK is above the clouds
-Price is above the cloud and is a few sats from
being above the TK
-Lagging span is above the cloud and the price
OCEAN/BTC LongOCEAN/BTC looks primed for price increase here:
A near picture perfect Livermore accumulation cylinder
has been printed and is stalling before its next leg up,
the 8 impulse wave, which in Livermore cylinders is one
of the two most violent waves.
Price has increased on increasing volumes (indicated by
the + signs) and has decreased on decreasing volumes,
(indicated by the - signs)
During the 8th and 9th wave we expect volume to be
very large and price to be reflected by sharp movements
upwards, potentially getting to the 1 zone of the fib
retracement tool
@.00006157
Adding conviction to this thesis is that the MA30 has
crossed above the EMA100 which has been a tell tale
sign this bull market of which coins have/are gaining
strength.
Ichimoku is mostly bullish:
-Kumo cloud is green
-Lagging span is above price and cloud
-Price is above cloud
-TK is above cloud
However it still has work to do before it is fully bullish:
-TK is bearish
-Price is below TK
If support holds above gray line @.00002341 and the
Livermore cylinder begins to play out, we may expect
that relatively quickly the TK will cross bullishly and
price will rise above the TK, confirming the whole chart
being bullish at that point.
CRV/BTC Long CRV/BTC is quite undervalued for what it offers.
It is the exchange token for the Curve.finance DEX and
offers the right to vote on exchange wide decisions.
Price is heading toward the diagonal resistance
initially formed in early last September with a diagonal
support line coming up after the bottom formed
in early January and a higher low was printed mid March,
contracting the price priming it for upwards expansion.
Madrid Ribbon flipped green (not pictured, would make chart messy)
The Ichimoku printed signs of a bullish reversal:
-TK cross occurred last week,
-Price has moved above the TK
-Lagging span has moved above price.
However Ichimoku is still not convincingly bullish yet:
-Kumo cloud is red
-Price is within the cloud
-Lagging span is below the cloud
-TK is below the cloud
Once a bullish Kumo twist occurs, the price moves
above the cloud, the TK moves above the cloud, and
lagging span moves above the cloud we can feel
strongly that a move to the upside could be coming.
A more risky but potentially more rewarding play is to
enter a position before the Ichimoku becomes fully
bullish at an S/R flip of the gray diagonal resistance,
with confluence that the cloud too has been flipped
to act as support around
.0000640
Mid term targets sit at the black horizontals at
.0001519
and
.0002204
NZDUSD Ichimoku Short ideaThe 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 crossed below, and closed, below the Kumo. All of these together signal a strong potential trend reversal along the downward parallel channel.
Shown is my current trade setup with a risk/reward ratio of 2.11:1. I do not have 3 profit takes as I will reevaluate the trade every couple of days, and if there is a change I will adjust accordingly.
As always, comments and ideas are welcome!
This information is not trading advice, only my personal trades/opinions on potential market movements, and is for educational purposes only.
FX:NZDUSD
SXP/BTC LongSXP/BTC looks like it is going to make a nice move
within the coming weeks:
MA30 has bullishly crossed above the EMA100
for the first time ever and is now acting as
support.
A lovely inverse Head and Shoulders has been
printed and we can expect, once price has
confirmed the S/R flip of the neckline around
.00006791, that price will continue upward
toward the iH&S target of
.00011629
Ichimoku is bullish:
-Kumo cloud is green
-Tenkan is above the Kijun while both above the cloud
-Laggin span is above cloud and price
-Kijun temporarily acting as resistance, however
price is being squeezed between the Kijun and MA30
and with the rest of the chart looking bullish, it
seems likely Kijun resistance gives before MA30
support does