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Ichimoku_trader

GRND IPO POP then DROPOn the 15-minute time frame, the price action is decidedly bearish over the past couple of days. Gauss filters downward. The Ichimoku resistance against a reversal is thick. Price has dropped more than 15% each day. The RSI indicator shows dismal strength and no signs of divergense to herald a reversal. I am in this as a short seup and have profited well taking a partial each day. Option plays are not available. Once the bear trend burns out, this will be worth looking at for a slow uptrend. So once the relative strength drops to below 25% or some bottoming wicks and Doji candles appear on the lower time frames, I will look to take the profits and trade the uptrend. ( this may bounce up from the POC of the volume profile as a reaction to support. ) PLAY the VOLATILITY !
NYSE:GRNDShort
by AwesomeAvani
EURUSD: I'm looking for short trades today.EURUSD regarding the Long-term factors is still bearish and it's around a good discount! Considering mid-term factors we are still bullish but a powerful bearish momentum could be observed. In shorter term a bearish channel is formed and the linear regression channel is almost perfect. Short the pair around the red zone or in reverse to green zone after breaking the zone down. NOTE: Consider German CPI news and don't trade against news in the early hours after announcement. Cancel the trade if you see a big surprise in CPI today.
Short
by AliSignals
2
NiftyHello and welcome to this analysis Nifty today activated not one but two bearish reversal signals. First it activated a Bearish Harmonic Alt Shark (double confirmation if price sustains below 18350) for suggested downside levels of 17750/17250. This pattern would be considered negated above 18575. Second it coincided with an Ichimoku Price and Time axis equilibrium date - (double confirmation if price sustains below 18360. The reversal as per Ichimoku will become invalid if a daily candle close occurs above 18450. Downside targets for Ichimoku are also similar to Harmonic ones. Use the dips / correction to add stocks, corrections are healthy and a good opportunity to invest in growth stocks.
NSE:NIFTYShort
by Dinesh_C_Nagpal
2
$BTC to $23-25k, then $15.8k? The ultimate bull trap?Alright, as many of you've seen, I've updated my previous chart in the comments and have become short term bullish. I do think that BTC heads higher in the next few weeks tagging the $23.5k mark or $25k mark. I was originally thinking that this would make the short term bottom of this move down, but now I'm questioning that thesis and I think that this is the more likely scenario that will play out... Let me explain. Something never looked right to me when analyzing the Ichimoku cloud. Why is it trending down on the 2D chart? Also, if you analyze it from a 3D chart, the cloud is too thick with resistance to break through. So that leads me to believe we're not ready for the breakout higher yet. From all of the charts I've seen people post, most people think we're going to $21k than instantly reversing lower. Then the other camp thinks that $23.5k is the line in the sand, and that if we break that, we've started a new bullish trend. This all leads me to believe that the most likely outcome is that we break both resistances and hit $25k, and only after we don't break that, we reverse lower. I think that would lure the most people into the market. I think most people at that point would think to buy the dip (because again, the new bull trend is starting). However, I think rejecting $25k, would just form a double top from the move back in August and setup a move lower (where we finally break the lows). I think if this all plays out, and we can't surpass $25k to form a new high, it sets up the move down that I was expecting to around $15.8k. I think the move up plays out before the middle of November and I think the move down would play out towards the back half of November bottoming sometime in early to mid December. I've added pivot points to look for changes in price action. Only after this plays out, would I expect a large bear market rally (one that takes us back up to the $30k region). I am long BTC and a lot of alts at the moment (because I'm expecting 50-100% exit pumps before we head lower). On any significant moves higher, I'll be locking in profits because I don't want to risk staying in the market if this plays out like I'm expecting. Good luck. Let's see how it all plays out over the coming 4-8 weeks.
COINBASE:BTCUSD
by benjihyam
27
us30 bull move evening traders. Trading has been choppy recently with these current markets but is the us30 heading for a bull rally? We have 3 signals in the ichimoku trading strategy triggered, base line and conversion line crossover, green cloud and lagging span above the cloud. Price has also broken the downward trend line and if we close above then we could be seeing a bull rally. Rally targets we would be looking at I would say are 34300 and 35500. We're still below the cloud on the weekly so it could be a false break and a trap, its hard to dictate in these market conditions. Trade safe traders. cheers shaun.
OANDA:US30USD
by Shealy
BANK NIFTYHello and welcome to this analysis Bank Nifty has activated a Bearish Harmonic Bat in daily time frame. The anticipated retracement levels are 38-50-62% of the upmove. The view would be negated if it sustains above 41530. As per Ichimoku Time and Wave Theory also we have a turn date activated. Until it sustains below 41530 it would remain weak. In case it breaks on the upside then the low of Friday October 28 would be considered as a stop loss for longs
NSE:BANKNIFTYShort
by Dinesh_C_Nagpal
3