EURGBP continuously Bearish by Ichimoku Kinko HyoEURGBP Daily shows a continuous downtrend.
- Kumo (Senko span A and B) down
- Tenkan Sen down
- Kijun sen down
- Chiko Span below candles
As expected from previous analysis on 11 Feb, it's been going down and breaking the previous low on 30th April 2020 at 0.86708.
If the Daily candle close becomes below the level today, it can continue to go down.
Ichimoku Cloud
The lagging span line (chikou) has got over the price.The Chikou Span line has got over the price.
The Chikou Span line is free in all timeframes (weekly, monthly, daily).
The RSI indicator does not show an overbought situation.
As written in my previous analysis of the Bitcoin trend, key levels are the same :
TP1 : $12568
TP2 : $13241
TP3 : $14453
Don't forget to keep an eye on the RSI 14 indicator, because if the Bitcoin becomes overbought, then a temporary reversal of the trend could occur before going uptrend again.
Key levels to watch for uptrend BitcoinLe price is actually in a bull trend but a last confirmation is needed because the price is actually testing the low price of the candlestick of the 10th of July 2019.
If confirmed, then the price could reach $12568 then $13241 then $14453.
Note that the RSI 14 is not actuelly showing an overbought situation.
XAUUSD (Gold) Weekly down trendGold Weekly chart shows bearish based on below Ichimoku confirmations.
- Tenkan Sen / Kijun Sen deadcross
- Chiko Span breakout
- lower lows / higher lows
Market can be continuously bearish if it breaks Kumo (Senko span B) at 1761.8 level which is also the previous low.
Ichimoku entry STLDMaking a pretty drastic change in the exit strategy; well, same strategy just tightening up the stdDev multipliers a LOT. new stop loss is going to be just 10% what it was, trailstop activation trigger is cut in half, and trail stop is going from 0.25 to 0.1. These are all configurable in the script.
been doing some backtesting and it seems like this tactic of getting out much faster in all cases will yield to bigger overall gains even though i'll probably miss even more big runners.
GBPUSD Daily BullishGBPUSD Daily timeframe shows a continuous bull trend based on below findings.
- Kumo (SSA, SSB) up
- Kijun sen up
- Tenkan sen up
- Chiko span above candles with nice gap in between
As we have Doji candle yesterday, better wait for a breakout at 1.3953, otherwise market can retrace back to Tenkan sen.
Stay Gold!
MATICUSDT entry: around 0.123
TP1: 0.14620
TP2: 0.15700
TP3: 0.16400
TP4: 0.17300
TP5: 0.18800
SL: 0.10358
Check my website for tutorials, examples and calls :)
cry-pto-surf.com
MATICUSDTentry: around 0.129
TP1: 0.1464
TP2: 0.1569
TP3: 0.1643
TP4: 0.1729
SL: 0.11583
Check my website for tutorials, examples and calls :)
cry-pto-surf.com