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Ichimoku Cloud

NQ1E-mini-Futures - D1 - TRIANGLE !Looking at the daily picture, after having broke down the clouds, the Nasdaq 100 fut is triggering, a triangle formation in progress in a new broad bear trend ! Indeed, recent and current price action should be seen as a natural pullback towards the former support area which became now the new resistance to break in order to neutralise, temporary, the ongoing downside price action triggered a couple days ago by a successive of long black candles ! So what are the implications of a triangle breakout : a +/- move of 545 points, targeting respectively : ON THE UPSIDE : 15'315 (roughly the top of the clouds resistance area) ON THE DOWNSIDE : 13'896 (former weekly double top pattern seen in last February-April Interesting to note the 38.2% Fib ret (@ 14'761), of the downside move from 15399 to 14'367, also coincides to the triangle breakout level on the upside ! Last but not least, the Lagging span also failed to recover above this important level... CONCLUSION : Looking at the current price action, the odds are likely for further downside towards the triangle base. As always, monitor closely, shorter intraday time frames to get more clues which will help you to act accordingly. Have a nice day :-) Ironman8848
CME_MINI:NQ1!Short
by Ironman8848
5
BTC with ichimoku 19 min long setupIf this scenario plays out, BTC will have pump towards 49k. the candle can be closed inside the cloud. Base and Conversion has to stay separate, they can come close as one pixel on your screen, still would be valid. When Base Line enters the cloud it meet resistance, which will push it out. We have two directions up and down, 1h-2h ichimoku currently are bullish. Scenario 1. Down: ichi has to twist cloud on lower frames first and confirm bearish on 15 min, which is standard and it can be used as counter trade for default setup. Using 19 min as a test rn. Scenario 2, Uptrend continue to the next BTC resistance, making my assumption valid. Looking for the move around 18:00-20:00 EST
COINBASE:BTCUSD
by OlegDC
Bullish BTC forming Bull-flagBTC is bullish in H4 according to Ichimoku confirmation: Ichimoku: Price is above Tenkan Sen, Kijun sen, meaning bullish in short and midterm. Price is below Senkou Span B, meaning bearish in longterm Chico Span is above the candles, meaning bullish momentum As for direction: Flat Kumo and Kijun Sen. No direction in mid and long term. Pattern: There is a Bullflag forming. After a uptrend price is consolidating in a horizontal range (flag). Measurements give a upside target: 51772 and downside: 44150 Wave Analysis: After hitting the bottom. Price formed a higher low. If price breaks the range to the upside, then a bullish N-wave is formed and we can expect continuation to the upside.
Long
by Galactus2000
USDCHF potential resistance breakoutComment: USDCHF shows a potential breakout of Daily resistance at 0.92748 level based on below Ichimoku confirmations. Ichimoku Trend Analysis: - Kumo (Senko span A and B) up - Kijun sen up - Tenkan sen up - Chiko span above candles Next Scenario: Market is at the resistance of 0.92748 with uptrend by Ichimoku. Once it breaks, market goes up to the next round number of 0.93 level. Otherwise, pull back to 0.92423 as well as near Tenkan sen, then continue to go up.
Long
by ForexKei-Official
1
Bitcoin / USD - Reaching $50'000 today?The price is in an uptrend for the past 3 days (since Sept. 13) and broke to the upside the descending channel it was in. NOW For the past few hours, the price of Bitcoin has touched several times and struggle to break the resistance at $48750. This resistance is materialized by the SSB (Leading Span B) and Kijun on the 4H timeframe. Entry signal for a long and targets If we close on the 1H timeframe above $48750, our first target will be $49185, and the second target $49900. What do you think?
BINANCE:BTCUSDLong
by Stephane_ZH