Aussie Drawback Sells - Ichimoku Short TradeThis pair has broken below the kumo and is trying to establish a bearish trend but struggling a little here.
I am looking for a drawback to tenkan sen and price structure for resistance to form to help confirm a sell.
If we can get that drawback and push down, we should be able to break the support we're currently stuck at around .6410.
If we're able to get our sell, my main TP will be at the previous flat kumo and twist you see on the far left of the screen.
If we fail to hold our bearish confirmations or get a decent drawback for our sell, this setup may become invalidated.
Ichimoku Cloud
LONG - XMR - Trading OpportunityHuge bullish divergence on XMRBTC, while at the same time bouncing from a strong support and entering the 4h cloud once again, now that the MA50 and Kijun have been reclaimed, a sure bounce and possible kumo breakout is in action here.
Entry: 0.006778
Target 1: 0.007282
Target 2: 0.007660
SL: 0.006571
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Fibs off last years high/low and this years low/high 12H BTCUSD Watch for large movements along these fib circles.
Add new ones as time progresses.
Make adjustments as needed.
Many parabolic moves happen on major fib circles.
Ichimoku cloud looking bullish as well.
Maintaining this upward channel looks bullish. Placing stops below channel and trailing price.
NZD/USD Ichimoku Drawback SetupThe kiwi has risen up to a strong level of previous price structure resistance.
While my overall bias is bullish I am expecting a drawback here to test support before trying to push any higher.
I've drawn out my target at previous price structure we are likely to try and test support as well as a flit kijun sen level.
Remember that we are close to a bullish kumo twist and chikou span is above price meaning we are still bullish overall so this is just for a short term sell.
Since it is counter trend, this is higher risk than normal, so I'll be taking a slightly small risk %. If we fail to get the drop or show signs of the drop we're looking for, then this setup may become invalidated.
EUR/JPY 1 Hr Ichimoku Bullish BreakoutThis setup is a combination of a bullish breakout on the 1 hour chart, and a retracement play on the 4 hour.
I'm going to look for buys if we can get a small dip to tenkan sen or kijun sen and hold above them on the 1 hour time frame.
That will be my chance to get long and aim for my overall target I've drawn out here, as well as the partial take profit levels I've drawn lines at.
Our overall target also lines up with the bottom of the flat kumo on the 4 hour chart so it will likely turn into a major resistance area for us and give us a chance to evaluate how this trend is doing.
If we fail to hold support and climb higher, or if these bullish confirmations on the 1 hour chart change, this setup may become invalidated.
EUR/USD Ichimoku Bearish Trend ContinuationWe absolutely smashed this pair last week and I'm looking for some bearish momentum to continue for us to take advantage of another sell opportunity.
We dropped hard last week before ending the week by testing kijun sen and the kumo resistance we're sitting at right now.
We have been holding kijun and the kumo so I'm going to look for a sell at a break below our current candle for a chance to short.
I've drawn out partial take profit levels on my way to the wick price structure low we formed a couple weeks ago.
If we fail to hold bearish resistance, or if our bearish confirmations change, this setup may become invalidated.
GBP/USD: Sold @ market price (Bearish)Hello guys,
GBP/USD just broke its flag to the downside a couple of minutes ago.
It's also below the daily pivot level, EMA200 and its KUMO.
I am shorting the pair and targeting the next fibo level.
I will monitor the Stop-loss in case it goes against me.
*** Trade at your own risk ***
GBP/CHF Bearish Ichimoku Swing TradeLove where this pair is at!
We're about to attempt a bearish kumo breakout here at market open.
I've drawn my entry a little lower near the bottom of the previous bearish kumo to the left of price.
I've placed a stop loss just above the most recent candle high.
This can turn into a nice swing trade, but I've also drawn out two partial profit levels to aim for along the way.
If we fail to maintain bearish confirmations or to form lower lows and highs, this setup may become invalidated.
EUR/AUD Bullish Ichimoku Swing TradeEuro has been rising for a while now and we're close to actually establishing a longer term ichimoku bullish trend now.
We closing in on the kumo twist, chikou span is already above price and free, and tenkan/kijun are in a bullish formation.
I am look for a drop back down to the kumo and support to hold for a chance to get into a longer term swing trade to the upside.
There is also a flat portion of the kumo to the right of price where we may see support try and test first as well.
If we fail to get a good drawback, or form support, then this setup may become invalidated.
EUR/USD Drawback Trade - Ichimoku ResistanceThis pair has been pushing up with a lot of the news coming out about China changing their peg back to yuan, as well as the downturn of the markets that we've had with the corona virus epidemic.
We got a long wick right before the market closed last week which lines up with a kumo rejection on the daily chart.
For this setup I'm looking at a drawback back down to test major price structure support.
We've got a good tight stop above the wick from last week and a pretty good risk to reward ratio.
If we fail form new lows to trigger a sell or if we end up forming a long wick support candle, then this setup may become invalidated.