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Ichimoku Cloud

USD/JPY Price Structure Breakout SetupThis pair is attempting to start a bullish trend but has been struggling to break through the price structure we can see just left of where price is currently at. It failed to break through the kumo there in the past so I really want to see that level broken to consider a long. Typically when we do break through a level like that we will see a push up and through, then come back down to test it as support. We can look for entries based on which style traders are more comfortable with. I've drawn out some partial take profit levels on the way to my overall target. If we fail to break and hold above the entry line I've drawn, then this setup may become invalidated.
Long
by The808Trader
GBP/CHF Bearish BreakoutThis pair shot up a bit last week but since then has been forming lower highs. I am looking for a bearish kumo breakout to coincide with a bearish kumo twist to confirm that it is time to try and push back lower as people rush back to safe havens like the Swiss Frank. I've drawn out some partial take profit levels on the way to my overall target. If we fail to maintain bearish confirmations, or if we fail to break down and hold below the kumo, this setup may become invalidated.
Short
by The808Trader
EUR/USD Long Term Swing TradeThis is a bit of a preemptive look at EUR/USD ahead of a potential bearish move. We are close to a bearish Kumo Twist and chikou span is trying to get below price. I am looking for a bearish kumo breakout as my last confirmation to get short. We have a very long term target I'm looking at but I've drawn out several levels to take partial profit or look to add to the position. It will be interesting to see how this progresses with the effect from Covid-19 and the hits taken by the economy around the world. When considering most of the worlds currency is pegged to the dollar it would make sense that despite the loss of jobs in the US from business closures during this time, it makes sense that the dollar will eventually strengthen again. If we fail to get our bearish breakout, or if our bearish confirmations change, this setup may become invalidated.
Short
by The808Trader
What does Ichimoku tell us about AAPL right now?If we look at AAPL a different way, again - looking at only the technicals - we see the 4 rules of Ichimoku are telling us that this stock is currently: Bullish. That being said, there are some red flags popping up that I have also labeled. We could nit pick a couple more, but I ran out of room and wanted to keep this as simple as possible. 4 Rules: 1) Price in relation to Cloud: Price is Above Cloud = Bullish 2) Tenkan-sen in relation to Kijun-sen: Tenkan-sen above Kijun-sen = Bullish 3) Relationship of Chikou to Price: Chikou is Well Above Price = Bullish 4) Senkou A in relation to Senkou B: Senkou A is over Senkou B = Bullish Warnings: 1) Price has crossed paths with Tenkan-sen - Signifying either a Major Pullback, or a Trend Reversal: The price has crossed over the Tenkan-sen line - this is a major red flag! We look closer, and find the price never surpassed down to, or through the Cloud. So this means this is a Major Pullback, but not a Trend Reversal. Looking to the futhure, we see the price that has crossed this line, has also crossed below Senkou B - Signifying an entry point we want to stay AWAY from. So we draw a line at this spot, count the number of bars that consolidated at this point, and we will set an alert here. 2) The Cloud itself is thinning. A thinning cloud leads to a higher probability of a Trend Reversal. As we just had price hitting Tenkan-sen, we will start watching Candlestick patterns for signs of Reversals. In one of my other posts, we already identified the 2 Candlestick pattern from Today and Yesterday, as a Bearish Harami. This is significant, and normally a sign of a reversal. We must look for 1 more Candlestick to confirm! Thanks!
NASDAQ:AAPL
by Shwayze
1
Who's the winner right now in crypto?So every cryptocurrency, having taken on the mutual correlation that Dow Theory predicts, is trying to recover its price from the recent big drop. I'm using Ichimoku on the 1 hour charts to gauge the strengths of BTCUSD, ETHUSD, BCHUSD, and XTZUSD. Ethereum is winning in absolute percent gains off the low but very close behind are Tezos and Bitcoin Cash. Clearly Bitcoin is now the lagger. In terms of relative price action Tezos is the first to break it's pre-crash high with Ethereum coming closer. Alt season much? This might be what everyone has been waiting (years) for...
KRAKEN:XTZUSD
by norok
2
Late game FOMO buyers crushedMy target for the hedge 11900 was a bit off... 1.6%... I'll endeavor to do better next time :D I liked the play out of "reducing volatility" with a hedge. (See last Idea) A 20% hedge saved a drop of -8% by reducing it to -6% off the high's gains. I think that big drop killed a lot of the late-day FOMO buyers... their spirits crushed... may be hesitant to go all in again. If BTC continues up it will be a slower, longer term and we won't see another moonshot parabolic this run.
BITFINEX:BTCUSD
by norok
LARGO - INS - Oportunidad de ComercioBINANCE:INSBTC por fin ha logrado romper el MA200 en el gráfico diario, el cual a su vez tambien fue un Kumo breakout, un importante cambio entre soporte y resistencia, el cual indica que la tendencia alcista va a continuar. El volumen se ha elevado continuamente en los pasados 2 meses, lo que indica que hubo una gran acumulación y hay mucho interes en esta moneda. Entrada: 0.00001794 Objetivo 1: 0.00002181 Objetivo 2: 0.00002503 SL: 0.00001679 Momento™ no proporciona asesoramiento de inversiones y no tiene en cuenta las circunstancias personales de los suscriptores al analizar las inversiones. Invertir implica un alto grado de riesgo y debe ser considerado solo por personas que puedan permitirse el lujo de sufrir una pérdida de su posición completa. Momento™ no está registrado, licenciado o autorizado para proporcionar asesoramiento de inversión y simplemente proporciona una opinión, que se da sin ninguna responsabilidad o dependencia de ningún tipo. La información aquí contenida no es una oferta, solicitud, recomendación o consejo para comprar, retener o vender ningún bien. Momento™ no hace ninguna representación en cuanto a la integridad, precisión u oportunidad del material proporcionado y toda la información y opiniones proporcionadas por Momento™ están sujetas a cambios sin previo aviso y se brindan en una base de no dependencia y sin aceptación de ninguna responsabilidad u obligación que surja.
ILong
by ElMomento
LONG - ALGO - Trading OpportunityALGOBTC has been inside the daily cloud for quite some time now and it's holding quite well, making a perfect retest of the MA200 and support, the huge volume that has been coming in is a pretty strong indicator of what's to come next, looking at the flat tops of the cloud as target. Entry: 0.00002941 Target 1: 0.00003573 Target 2: 0.00003749 SL: 0.00002769 CryptoCue is not providing investment advice and is not taking subscribers’ personal circumstances into consideration when discussing investments. Investment involves a high degree of risk and should be considered only by persons who can afford to sustain a loss of their entire position. CryptoCue is not registered, licensed or authorized to provide investment advice and is simply providing an opinion, which is given without any liability or reliance whatsoever. The information contained here is not an offer or solicitation or recommendation or advice to buy, hold, or sell any security. CryptoCue makes no representation as to the completeness, accuracy or timeliness of the material provided and all information and opinions provided by CryptoCue are subject to change without notice and provided on a non-reliance basis and without acceptance of any liability or responsibility whatsoever or howsoever arising. You hereby irrevocably and unconditionally waive, release and discharge: (a) any and all accrued rights and/or benefits you may have against CryptoCue in respect of any opinion expressed or information conveyed by CryptoCue at any time; (b) any and all Claims you may have against CryptoCue arising out of any opinion expressed or information conveyed by CryptoCue at any time; (c) CryptoCue from all and any claims (whether actual or contingent and whether as an employee, office holder or in any other capacity whatsoever) including, without limitation, Claims you may have against CryptoCue arising out of any opinion expressed or information conveyed by CryptoCue at any time. ("Claims" shall include any action, proceeding, claim, demand, judgment or judgment sum of whatsoever nature or howsoever arising.) You hereby agree to indemnify and hold harmless CryptoCue in respect of any and all Losses paid, discharged, sustained or incurred by CryptoCue in the event of bringing any Claim against CryptoCue. (“Losses” shall include any and all liabilities, costs, expenses, damages, fines, impositions or losses (including but not limited to any direct, indirect or consequential losses, loss of profit, loss of earnings , loss of reputation and all interest, penalties and legal costs (calculated on a full indemnity basis) and all other reasonable professional costs and expenses and any associated value-added tax) of whatsoever nature and/or judgment sums (including interest thereon).
Long
by ElMomento