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Ichimokuchart

KWEB: UNIQUE LONG TERM OPPORTUNITY?KWEB, Chinese internet ETF Chinese techs have been in a bear market since February 2021, with the price of KWEB unable to break above the long trend line (in blue). Kweb has found a bottom in March 2022. Is Kweb bullish? Is it the end of the bear market for Chinese tech stocks? Here is everything you need to know before making a decision: - Currently the price is trying to create a bottoming base as we have seen higher lows (light black line) since March and the bearish trend line (blue) was broken. - I see an ascending triangle with the top horizontal line of the triangle at 32.71. We tried to break this line 3 times but failed to maintain above. A sustainable break above 32.71 would be considered as bullish. - We could backtest the rising black line of the ascending triangle before starting a bullish trend, but not sure. - Mind the small gap around 28 that could also be filled. - We're above the ichimoku cloud, which shows that the trend is changing. The lagging span (in green) still have to confirm the change of trend by crossing the bearish blue trend line. - China in quantitative easing mode as western economies are tightening. I'm long KWEB with a long term view. My buying zone is between 30 and 27.74 with a stop at 26.40 . Trade safe.
AMEX:KWEBLong
by Elpidaldo
NAS100USD Analysis Nasdaq is in bear momentum at this current moment. As you can see with all my analysis you can clearly see the sell triggers which are circled, we also what looks like a bearish engulfing candlestick pattern was formed a few trading sessions go (blue square). So we have lots of triggers indicating that there is more lows to be had. Although we could see a relief rally before moving further downwards if we get a candle close above 12700 we could see price moving back up towards the cloud so thats something to keep an eye on. If we get a close below 12111.4 I will be expecting price to move downwards towards the next resistance zones around 11500-11000. As always share your thoughts whether you disagree or agree. cheers.
OANDA:NAS100USD
by Shealy
USDCAD SHORT Price has been in deep correction on the daily chart. If you look at ichimoku on the Daily Chart price has rejected at the top of the cloud and currently is projecting a bearish future also known as the kumo. On the hour chart price rejected at the fractal level and created a lower high. Lagging Span (purple line) is pointed down and we have a bearish tk cross over for a entry into the market. Since price rejected on the daily clould I would hold this trade to maximize profit.
Short
by fxswint
HOOD ↗️Buy Signals: - Bullish Divergence - Fibonacci Cluster ( matches beginning of div ) Other Signals: - Greater than average volume breaking above the Cloud ( this would validate a trend change) Invalidation: - BB%B: A significant drop below the bullish div trend line - Cloud: Greater than average volume with drop in price in within or below. Target Price: - $38.20 Stop Loss: - fluid ( * lack of stop loss is not advisable * ) Strategy: - Dollar Cost Average while price is below $16 Type of Trade: - Long Swing Trade
NASDAQ:HOODLong
by LCessa
2
Kumo breakout on BTCUSDT dailyThis is not the cleanest Kumo-break you can get as not everything says bullish. For example the Tenkan-sen is below Kijun-sen and laggign span has a high chance on finding resistance in next couple days when touching previous bullish move. I would not allocate alot of capital to this trade as it is not a perfect kumo break. However it will probably have it's impact on BTC as ichimoku traders entered the market here. According to hosoda wave theory N-target would be 48241. This is the point where the N-wave completes. Move stop with Kijun and keep trailing it below Kijun in the coming days. I would also advice to take some profits at past fractal level: 45421
Long
by Honestcowboy
GBPUSD Long the Kumo BounceWe got a move straight to the top of the long term cloud and then a big retracement towards the top of the short term cloud. This also coincides with the neckline of the previously formed head and shoulders pattern. Places where multiple supports confluence are usualy very good areas to open a trade. I expect the price to go back up to the top of the orange cloud and put my stop loss right below the right shoulder of head and shoulder formation.
Long
by Honestcowboy