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Ichimokukinkohyo

US Interest Rate news potentially bullish USDDXY has always been a barometer for me. However, since Dec 2022 till today, it has been lack luster. Most of the time just consolidation, which is causing other pair such as GBPUSD & EURUSD to behave erratically. I suppose year end and beginning of the year are times where price action is a little harder to read. None the less, in the past week, DXY have been steadily building some support at 101.000. Perhaps the 100.000 area is heavily defended, which I am not 100% certain why but we shall see. Looking at Ichimoku Kinko Hyo, on H4 timeframe, it looks like Sanyaku Kouten (3 Bullish Signs) is starting to form. Will have to monitor day by day to observe its formation. Jobs market in the US has been robust and resilient. This gives a lot of reason for Federal Reserve to hike rates but at a slower pace. 25 basis point seems to be the key figure in mainstream media. Hence, when interest rate goes up, that will be bullish for the Dollar. Could this Federal Fund Rate high impact news next Wednesday be the catalyst to get DXY out of the consolidation? Maybe. With China's re-opening, there is definitely some optimism building up globally and it feels like, we could potentially dodge the recession bullet. Can we? Anyways, with that said, there might be a potential risk off scenario with DXY next week and that directly translate to bearishness for the others. Good luck and good trading. Trader Sifu Steve @ XeroAcademy Malaysia
TVC:DXY
by XeroAcademy
GOLD COMPLETE JOURNEY 80% CONFIRM#GOLD I BELIEVE THE CHART SAYS EVERYTHING, BUT JUST TO BE MORE CLEAR, GOLD HAS BEEN UP & DOWN BETWEEN 2K * 1.6K FOR A LONG TIME NOW, IT HAS GIVEN SELL DIVERGENCE BASED ON BUNCH OF OSCILLATOR INDICATORS AS WELL AS ITS BEEN ON OVERBOUGHT LEVEL FOR A LONG TIME, BUT I BELIEVE AS YOU CAN SEE ON THE CHART THERE IS MORE TO BULLISH MOVEMENT AS IT MIGHT CREATE TRIPLE TOP PATTERN AND THEN REVERSE OBVIOUSLY SO WE WILL BE TAKING LONG TRENDS UNTIL 2K. THEN WAIT FOR BEARISH MOMENTUM CONFIRMATION BEFORE WE START SHORTING THE PAIR,,, + Dont Forget To Match With Your Strategy. Like + Comments Will Be A Big Support. Disclaimer: Buying OR Selling is your own decesion. This is just my personal view of the market for educational purposes.
OANDA:XAUUSDShort
by IchimokiFx
Waves pumping! Bullish control yess 🌊Beautiful DEFI project! Now let's get onto the Ichimoku Cloud Analysis: 1D: We've got a strong Kumo Breakout set up! It broke out resistance 2.6 with strong momentum upwards piercing the cloud from bottom to top which is the perfect Ichimoku Cloud breakout set up! 4H: Right now we've got super strong bullish momentum with all the lines pointing strongly upwards even the long term ones so this is really best time to buy. Kijun sen, tenkan sen, senkou span A and span B and Chiko pointing strongly upwards! 1H: Follow strongly and clearly the top 2 higher timeframes mentioned above so this is a great set up. Now, we are going to monitor the long term trade in the hourly chart to take profits accordingly or/and riding the trend either with a trailing stop or just let it run with a wide stop so it's up to you and your trading style. How to enter : Place stop loss below the cloud as indicated and as for take profits dive into the hourly chart to partially close as soon as targets are met when they hit a strong resistance. I've marked the possible areas where the selling pressure would step in and we don't know yet how strong they could be so stay alert to these areas to take profits partially or fully in case of a reversal. Please, never risk more than 2% of your total capital! Happy trading and stay shiny 🌊
WLong
by KinaStar
BTC First Time Above the Clouds on Daily since Bear StartedJust pointing out that we have broken above the Ichimoku clouds for the first time on the daily since falling below them in November, 2021, when the bear market began. This doesn't necessarily meant he bear is over. The last bull run, the cloud broke TWO times before we started the bull. However, in the 2018 crypto winter bear, which the current bear is much more resemblant of, the bear ended the first time we broke through the clouds. The first cycle, it took a couple times. This recovery looks very strong though relative to historic piercings of the clouds. Very torn right now on what will happen in the next little while. After 2 weeks, if we maintain our position above the cloud, as it turns green, then I believe we will be in another situation like 2018 when the first pierce above the cloud was indeed the end of the bear.
KRAKEN:BTCUSD
by D-Rock_Anomaly
TSLA LONG on ICHIMOKUTSLA has almost constant news catalysts. The latest is the MSRP reductions to under the cap for the $ 7500 federal subsidy at least presently in effect. Musk is betting that consumer's buying power will be reduced in a recession but that demand will increase with the lowered prices and that supply will keep up with factories capable to the challenge. Moreover, despite lowered prices revenue and earnings will hold steady which will be the greatest of the challenges facing TSLA. On Ichimoku on the 30 minute chart, price is above the thick green cloud signifying a strong uptrend. In the past week, price crossed over the black SMA 200 and then retested and held above it. Moreover, the SMA10 golden crossed the SMA50. The indicators show solid accumulation as compared with distribution as well as higher relative buying volume. Although not shown because it would clutter the chart, TSLA is currently trending in a channel on the VWAP anchored at the last major pivot in a range between VWAP and one standard deviation above it. TLSA is about to ride over the POC line of the volume profile a high volatility zone where buyers have greater strength than sellers. Overall, technically TSLA is trending up while noting that fundamentals are likly in a state of change ( or chaos depending on your perspectives ) I see this as a risky swing long setup with high reward if momentum accelerates.
NASDAQ:TSLALong
by AwesomeAvani
Tips to identify potential trendsTo identify potential trends with ichimoku you need to look at 5 lines: -Tenkan sen:Tenkan sen is higher than kijun sen in an uptrend and vice versa -Kijun sen :Kijun sen is higher than kumo clouds in an uptrend and vice versa, if the price is lower than kijun sen, the market is no longer a potential trend. -Kumo:The kumo shape is very important, it shows the long term momentum of the market, if the kumo is thin and small then the trend is easy to retrace, if the kumo is wide and long it is a stable trend. -Chiko span:It is one of the most important lines but everyone ignores it, it shows the current momentum of the market, if the chiko span crosses with the candle then the market is in range because the momentum is at zero. Example with Xauusd: -Chiko span on candle -Price above kijun sen -Kumo is wide and thick ->So now Xauusd is trending up potential !
FX:XAUUSDEducation
by huutai2403
BTC GOING TO 32000$?Although according to the previous analysis, I believed that Bitcoin will fall to 11450 and even lower, but market fluctuations and high energy took Bit to the price of $18,000, so now I believe that the whales took Bitcoin above $18,000 and allowed it to fall further. They did not give and they have manipulated the market. But whatever it is, the new analysis shows that Bitcoin has just started its way, and the candles are breaking the blue trend line, and Chico Span is crossing the Tenken Sen, and we shouldn't wait for the Kijun Sen to break. I believe that when the blue trend line is broken by the candles, the next move for Bitcoin is to hit the red trend line. But all in all, Bitcoin should reach 50% Fibonacci and the price will continue until 50% Fibonacci equals $32,400. Although there is a weak upward energy in the positive movement of MACD, let us know that this energy is positive and it seems that the beginning of a positive but alive energy is like a bow and arrow that arches itself to shoot up.
by khosrooparviz