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Ichimoku Cloud

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
GBPUSD bullish by IchimokuComment: GBPUSD shows a potential bullish trend as per below Ichimoku confirmations. Ichimoku Trend Analysis in Daily timeframe: - Kumo (Senko span A and B) up - Kijun sen up - Tenkan Sen up - Chiko Span above candles Next Scenario: The market is currently at the Daily resistance level. Better to wait for a clear breakout based on Daily timeframe candlestick close. Or wait for a bounce at 1.42178 reversal level in H1 and look for a buying edge.
Long
by ForexKei-Official
1
BTC seems to be find support at $34k -$35k1h Chart The 1h chart is starting to show bullish signals: (1) Laggard line uptrend from price action (2) Golden cross with 13EMA and 21MA (3) Price trying to break at 36,000 (4) Starting of green cloud 4h Cart The 4h Chart shows similar action Laggard line shows uptrend 13EMA and 21MA about to form golden cross Still lacking volume Daily Cart The Daily Chart is still in the bearish arena Laggard line shows consolidation with support at 35,000 13EMA below 21MA Weakvolume
by cchez
Gold is continuously bullish by IchimokuComment: Gold (XAUUSD) is continuously bullish as per below Ichimoku confirmations. Ichimoku Trend Analysis (Daily timeframe): - Kumo (Senko span A and B) up - Kijun sen up - Tenkan sen up - Chiko Span above candles Next Scenario: After market broke the resistance of 1876.26 level it's continuously bullish as above Ichimoku confirmations. Lower timeframes are also showing bullishness, therefore, market is stably up trending. The ultimate target is at 1959.582 level.
OANDA:XAUUSDLong
by ForexKei-Official
2