Ichimoku Cloud
Gold continuously bearish by IchimokuComment
Gold (XAUUSD) has been bearish by below Ichimoku confirmations.
Ichimoku Confirmation
- Kumo (Senko span A) down. Kumo itself is thick and long
- Kijun sen down
- Tenkan sen down
- Chiko Span below candles
Next Scenario
1. Market could break the previous support at 1676.54 and continue to go down
2. Market could be bounced by the support at 1676.54 and reaches to descending trend line, and keeps going bearish
CADJPY continuously up after Forecast Line break by IchimokuComment
CADJPY Daily shows continuously bullish trend as below Ichimoku confirmations.
Ichimoku Confirmations
- Kumo (Senko span A) is up. Kumo itself is bullish and thick.
- Kijun sen is up
- Chiko Span above candles
- Forecast line breakout happens today
Next Scenario
- Market could retrace at the previous resistance level as well as round number at 88.00
- If it breaks the resistance, then market could continue to be bullish until 20th April which is the next Henka Bi.
An intraday trade zone on EURUSD using standard deviationI calculate the zone by using implied volatility from the futures to solve for a one standard deviation price range. Then multiply that by 1.5 for the bottom and .75 for the top of the zone. To pick direction I simply use the Ichimoku Kinko Hyo. When the price is above the kumo I'm short, when its below the kumo I'm long. The success rate should hover around 50% but you'll find that your average wins is normally bigger than your average losses. I close it at the end of the New York session.
An intraday trade zone on AUDUSD using standard deviationI calculate the zone by using implied volatility from the futures to solve for a one standard deviation price range. Then multiply that by 1.5 for the bottom and .75 for the top of the zone. To pick direction I simply use the Ichimoku Kinko Hyo. When the price is above the kumo I'm short, when its below the kumo I'm long. The success rate should hover around 50% but you'll find that your average wins is normally bigger than your average losses. I close it at the end of the New York session.
EURUSD continuous down trend by IchimokuComment
EURUSD Daily chart shows continuous downtrend by below Ichimoku confirmations.
Ichimoku confirmation
- Kumo (Senko span A and B) down. And Kumo is thick and long.
- Kijun sen down
- Tenkan sen down
- Chiko span below candles.
Scenario
Market broke previous support of 1.1761 level. Daily timeframe ultimate target is 1.1609 in a long term.
USDJPY continuously bullish by IchimokuComment
USDJPY Daily chart is breaking the resistance line at 109.81 and shows continuous bullish trend as per below Ichimoku confirmations.
Ichimoku Confirmation
- Kumo (Senko span A and B) up
- Kumo itself is long and thick
- Kijun sen is up
- Tenkan sen is up
- Chiko span above candles
Scenario
- Since it is "breaking" the resistance at 109.81 on Daily timeframe, better wait for candle close today. And if candle close will be above 109.81, then we can look for buying edge from tomorrow.
- H4 "broke" the resistance, so it looks a stable uptrend. Most likely Daily will close above 109.81 level today.
- The next target is 111.75 level resistance from 24 Mar 2020.
An intraday trade zone on AUDUSD using standard deviationI calculate the zone by using implied volatility from the futures to solve for a one standard deviation price range. Then multiply that by 1.5 for the bottom and .75 for the top of the zone. To pick direction I simply use the Ichimoku Kinko Hyo. When the price is above the kumo I'm short, when its below the kumo I'm long. The success rate should hover around 50% but you'll find that your average wins is normally bigger than your average losses. I close it at the end of the New York session.
An intraday trade zone on EURUSD using standard deviationI calculate the zone by using implied volatility from the futures to solve for a one standard deviation price range. Then multiply that by 1.5 for the bottom and .75 for the top of the zone. To pick direction I simply use the Ichimoku Kinko Hyo. When the price is above the kumo I'm short, when its below the kumo I'm long. The success rate should hover around 50% but you'll find that your average wins is normally bigger than your average losses. I close it at the end of the New York session.
Cardano in a P WavwADA/USD aka Cardano stuck in a P wave know as well as a triangle formation. We've been observing massive movement up for the past months. Now stuck in a consolidation of a triangle formation. Taken the sentiment we should break out towards North and continue growth.
For now Tenkan below Kijun, and lagging span trying to break through the price from before 26 days. Kumo acting as a big support.
Are you actively trading Cardano or are you a long term investor or maybe sitting on a fence thinking whether to join the party?
An intraday trade zone on EURUSD using standard deviationI calculate the zone by using implied volatility from the futures to solve for a one standard deviation price range. Then multiply that by 1.5 for the bottom and .75 for the top of the zone. To pick direction I simply use the Ichimoku Kinko Hyo. When the price is above the kumo I'm short, when its below the kumo I'm long. The success rate should hover around 50% but you'll find that your average wins is normally bigger than your average losses. I close it at the end of the New York session.
ALICEUSDTentry: around 12.9
TP1: 15.19
TP2: 16.34
TP3: 17.89
TP4: 19.90
SL: 10.45
Check my website for tutorials, examples and calls :)
cry-pto-surf.com
- My trades are not financial advices
- always use stop-loss
- invest only the amount of money you are ready to lose
- trade with a strict money management method
CRVUSDTentry: around 2.70
TP1: 3.21
TP2: 3.645
TP3: 3.915
TP4: 4.148
SL: 2.26
Check my website for tutorials, examples and calls :)
cry-pto-surf.com
- My trades are not financial advices
- always use stop-loss
- invest only the amount of money you are ready to lose
- trade with a strict money management method
ZRXUSDTentry: around 1.38
TP1: 1.68
TP2: 1.88
TP3: 2.02
TP4: 2.14
TP5: 2.25
SL: 1.09
Check my website for tutorials, examples and calls :)
cry-pto-surf.com
- My trades are not financial advices
- always use stop-loss
- invest only the amount of money you are ready to lose
- trade with a strict money management method
BNBUSDTentry: around 252
TP1: 313
TP2: 347
TP3: 387
TP4: 416
TP5: 448
SL: 185.9
Check my website for tutorials, examples and calls :)
cry-pto-surf.com
- My trades are not financial advices
- always use stop-loss
- invest only the amount of money you are ready to lose
- trade with a strict money management method
UNIUSDTentry: around 28.5
TP1: 31.44
TP2: 32.56
TP3: 33.83
TP4: 36.47
TP5: 38.29
SL: 25.46
Check my website for tutorials, examples and calls :)
cry-pto-surf.com
- My trades are not financial advices
- always use stop-loss
- invest only the amount of money you are ready to lose
- trade with a strict money management method
BTCUSD Targets of Completed ABCD Pattern and Descending Channel Price has completed a perfect AB=CD pattern and is now
retracing in a descending channel (Bullish bias). Also note
how the 61,8 fib of CD leg touch the B point nicely. The major
support and first target of the ABCD pattern, is the 38,2 fib of CD leg,
which stands at approximately 49200, which is in confluence with
the lower channel and the cloud in the next few days. Price might
want to reach this level before bulls step in and we can se a shift
in momentum to the upside. First resistance of now stands at the
upper chanel. If price close and hold above the channel, chances
are good that we will see a retest of the ATH, and likely a continuation
of the upward move.
If price close and hold below the 38,2 fib at 49200, chances are we
will see price shift trend to neutral and enter the cloud with target
at the low end of the cloud and ultimately the 61,8 fib of the CD leg
at approx. 41500. Also note (the fib drawn at the far right) how the
61,8 fib of the whole ABCD pattern coincides with the 61,8 fib of the
CD leg at 42000, which brings this level to be the ultimate support
zone for a deep retracement of the ABCD pattern.
USDJPY bullish by Ichimoku, reaching to resistanceUSDJPY Daily chart is strongly bullish as below confirmation.
- Kumo (SSA and SSB up)
- Kijun sen up
- Tenkan sen up
- Chiko span above candles
Today the market keeps trending bullish after Tokyo Box Breakout.
However, H4 Kumo shows very thin, meaning it could be resisted at the previous high at 109.86 level.
Watch out for a retracement.