EUR/JPY Ichimoku Long SetupThis pair has been trending up over the past week and I am looking for a chance to get long.
We are about to test tenkan sen and test the trend support.
If we hold I'll be entering my buy for the levels I've drawn out.
I'll continue to take partial profit and adjust my stop as this progresses.
If we fail to maintain our bullish trend or our confirmations change, this setup may become invalidated.
Ichimoku Cloud
GBP/USD Ichimoku Long SetupsSimilar to our previous setup and to the EUR/USD setup this week, I'm looking for longs.
Ideally we will get a re-test of the level I'm drawn out and will show some support to get into my buys.
I've drawn out a couple of levels for partial take profit on the way to my overall target.
If we fail to get a good drawback for entry, or if our confirmations change, this setup may become invalidated.
EUR/USD Ichimoku Support BuysThis pair found support at the kumo last week before breaking back out and rising bullishly.
I am looking for an entry for a bullish trend continuation.
Ideally if we can get a drop back down and re-test previous resistance I will look for buys for that level to now be acting as support.
All other ichimoku confirmations remain bullish as well.
If we fail to get a drawback for a good entry, or if support doesn't hold. This setup may become invalidated.
EUR/NZD Bearish Ichimoku Breakout SellsAfter a push up last week this pair finally settled back downward at the edge of the kumo support.
We are breakout out bearishly right now so I've set my entry line a little below recent price structure.
If we can break that level I'll enter my sells and aim for price structure lows you can see to the left.
I've also drawn out a couple partial take profit levels to aim for along the way.
If we fail to break price structure support or if our bearish confirmations change, this setup may become invalidated.
Aussie Ichimoku Long SetupThis pair had an attempted kumo breakout and bullish kumo twist before falling back down into the kumo.
I am looking for a kumo breakout to confirm an entry for a chance to get long.
If we can get that breakout and jump up past our previous resistance we saw last week then this will be one to hold for the week.
I've drawn out some partial take profit levels on the way to my overall target.
If we fail to get that kumo breakout or if our bullish confirmations change, this setup may become invalidated.
GBP/USD Ichioku Long AttemptAfter a good bearish run this pair has found some support and is now trying to rebound.
We've seen some hard resistance here so I'm looking for a confirmed break of the yellow level to signal a buy for me.
If we can hold above that level I've drawn out 2 partial take profit levels on the way to my overall target.
If we fail to hold our bullish confirmations or if we fail to break out and hold above our entry line, this setup may become invalidated.
# 23 Long Vedanta, to Ride the trendNSE:VEDL
Price taking support at Kijun Sen and the close proximity of Tenken and kijun make risk: reward quite favorable
Views Negated below: 125 on Closing Basis
#Disclaimer: I'm not a SEBI Registered Research Analyst, These are my views, please consult your Investment Advisor before buying and selling any position. This is just for Education Purpose.