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Ichimoku Cloud

TSLA is reaching to strong resistance, Watch carefully !TSLA will face a really strong resistance soon. Is it able to defeat the resistance? Watch carefully. Descending trend line, 50 % Retracement of last drop and Kumo flat of Ichimoku system have made a strong alliance to push the TSLA back down. Moreover stochastic indicator is in overbought zone in daily time frame. It is worth to note that general trend of TSLA is down going. Please note that we need a bearish sign in every proposed resistance to go short. We do not go short without a bearish movement. My Recommendations: 1- For those who already have shares: Watch the reaction to proposed resistance carefully. 2. For those who want to go long : It is too risky now, Calculate your Reward/ Risk carefully and stick to your predefined stop loss objectively. Good luck my friends.
NASDAQ:TSLAShort
by SaeedSajedi
4
BTCUSD Weakness Warning!!!We have seen Supports and resistances broken both ways the last 2 weeks. Bitcoin is now right back at where it started its small rally one week ago. Losing around 7% yesterday, BTC dumped right below that green Ichimoku cloud on the 4h timeframe. This is a sign of weakness and the only think holding us away from a potential continuation dump is the local support (white line) . Our current SL will be maintained and not modified. The current formation is a channel that allows for swing trades , channel is between 30k and 40k. I have identified 3 possibilities and marked them with different colors, one thing to note here is the fact that 2 of them are locally bearish.
by SublimeTraders
2
BTC 3MAs resistanceWe are back at the main channel with the current obvious strong resistance are the Three MAs 50,100 and the 200 day. 40k was a previous psychological resistance also. hopefully we can enter the cloud and that would be the crucial stage .. should we break this.. then i would consider it out of the woods... im still a bit bearish since my 27k orders were not filled lol. last filled order was 31200. in case im wrong il be happy with my current portfolio. as always :) happy trading everyone :)
BShort
by ron2ra
GBP/CHF: Bought at market price (nearly 40-pip trade)Hi guys, The pair is showing some bullish momentum since this morning. According to the ICHIMOKU CLOUD, it could potentially reach the next untested resistance in the next hours. The Lagging Span on the hourly chart has no real obstacle and the 15-min chart is showing bullish signs as well (price above the cloud, Lagging Span above the price, future KUMO green = bullish). The R/R is slightly above 2 for this trade. Trade with care, Jesse
Long
by SwissPips
USDCAD descending triangle in Daily timeframeComment: After previous analysis on 18 May market has been in descending P wave, potential support breakout as per below Ichimoku confirmation. Ichimoku Breakout Analysis: - Kumo (Senko span A) down and getting thicker - Kijun sen down - Chiko Span below candles Next Scenario: Price itself is below Tenkan Sen, showing bearishness. Market could be resisted by Tenkan Sen and descending trend line, and possibly break the support level as well as round number of 1.20000.
Short
by ForexKei-Official
1
EURJPY in continuously bullish trendComment: EURJPY continuously bullish by Daily timeframe as per below Ichimoku confirmations. Now H1 shows box range (yesterday was P wave). Please refer to below scenario. Ichimoku Trend Analysis: - Kumo (Senko span A) up. Kumo itself is getting thicker. - Kijun sen up - Chiko Span above candles Next Scenario: After P wave yesterday on H1, now market is forming Y wave as well as box range for the last 2 days. There still is a potential breakout of a new resistance from yesterday at 134.125. Better wait for Tenkan Sen and Kijun sen gold cross to confirm a potential breakout in H1.
Long
by ForexKei-Official
1