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Ichimokukinkohyo

How to use Ichimoku cloud?The Ichimoku Cloud, also known as Ichimoku Kinko Hyo, is a versatile and comprehensive technical analysis tool that provides insights into trend direction, support and resistance levels, and momentum. Developed by Japanese journalist Goichi Hosoda in the late 1930s, it combines multiple indicators into a single chart, making it a favorite among traders worldwide. What is the Ichimoku Cloud? The Ichimoku Cloud consists of five lines that provide a detailed view of price action: 1. Tenkan-sen (Conversion Line): - Represents short-term momentum and trend direction. 2. Kijun-sen (Base Line): - Acts as a medium-term trend indicator and a potential support or resistance level. 3. Senkou Span A (Leading Span A): - Forms one edge of the Ichimoku Cloud and provides dynamic support and resistance levels. 4. Senkou Span B (Leading Span B): - Forms the other edge of the Cloud, offering additional support and resistance insights. 5. Chikou Span (Lagging Span): - Formula: Current closing price plotted 26 periods back. - Helps confirm trends by comparing current price levels with past movements. The area between Senkou Span A and Senkou Span B is shaded to create the "Cloud" (Kumo), which plays a central role in analysis. How to Use the Ichimoku Cloud 1. Trend Identification: - Price Above the Cloud:Indicates an uptrend. - Price Below the Cloud:Indicates a downtrend. - Price Within the Cloud: Suggests a range-bound or uncertain market. 2. Support and Resistance: - The Cloud acts as dynamic support in uptrends and resistance in downtrends. The thicker the Cloud, the stronger the level. 3. Crossovers: - Bullish Crossover: Tenkan-sen crossing above Kijun-sen signals a potential uptrend. - Bearish Crossover: Tenkan-sen crossing below Kijun-sen signals a potential downtrend. 4. Future Cloud Projection: - A bullish Cloud (Senkou Span A above Senkou Span B) suggests continued upward momentum. - A bearish Cloud (Senkou Span A below Senkou Span B) signals potential downward momentum. 5. Chikou Span Confirmation: - If the Chikou Span is above the price from 26 periods ago, it confirms bullish momentum. - If it’s below, it confirms bearish momentum. Strengths of the Ichimoku Cloud -All-in-One Indicator: Combines trend, momentum, and support/resistance in a single tool. - Dynamic: Adapts to changing market conditions. - Forward-Looking: Projects future levels through the Cloud. Limitations of the Ichimoku Cloud - Complexity: Can be intimidating for beginners due to the multiple components. - Lagging Nature: Some elements, like the Kijun-sen and Chikou Span, rely on historical data. - Less Effective in Choppy Markets: May produce false signals in sideways markets. Best Practices for Using the Ichimoku Cloud 1. Combine with Other Indicators: - Pair with RSI, MACD, or volume indicators for better confirmation. 2.Adapt Settings: - The default settings (9, 26, 52) work well for many markets but can be adjusted to suit specific trading styles or timeframes. 3. Analyze Multiple Timeframes: - Use higher timeframes for trend confirmation and lower timeframes for precise entries. Example of the Ichimoku Cloud in Action Imagine Ethereum (ETH) is trading at $3600 The price breaks above the Cloud, and Tenkan-sen crosses above Kijun-sen, signaling a bullish trend. The Chikou Span is above the price from 26 periods ago, confirming upward momentum. As ETH continues to rise, the Cloud projects higher support levels, guiding traders to hold their positions until bearish signals emerge. Conclusion The Ichimoku Cloud is a powerful tool that provides a holistic view of market trends, momentum, and key price levels. While it may seem complex initially, its comprehensive nature makes it invaluable for traders who invest time in mastering it. Practice using the Ichimoku Cloud on historical data and integrate it into your trading strategy for optimal results. ⚠️ Disclaimer: This is not financial advice. Always manage your risks and trade responsibly. 👉 Follow me for daily updates, 💬 Comment and like to share your thoughts, 📌 And check the link in my bio for even more resources! Let’s navigate the markets together—join the journey today! 💹✨
COINBASE:ETHUSDEducation
by CRYPTONIC_trend
1
How High Can USD-CAD Go? USD - CAD has been going up and is in a strong bullish trend according to Ichimoku signals. Ichimoku: -Tenkan Sen is avove Kijun Sen and pointing up -Kumo is up, thick and Senkou Span A and B are pointing up -Chikou Span is above the candles and has no resistance in the future -Price broke Yellow focus lines to the upside Price action: -broke big inside bar to upside -broke couple doj at resistance level -broke resistance level Price Target: -Price reached n-target but could get tot V and E, because there are no signals of slowing down. Weekly is also strong bullish. *im a beginner trader and learning. I make these analyses for myself. Please comment on my analysis because i want to learn. www.tradingview.com
Long
by Galactus2000
XAUUSD 4h AnalysisAccording to my previous analysis, based on Ichimoku, the gold trend is still bullish. I see the possibility of a return to higher levels and a retest of the 2760 zone. If this level is broken, it can also reach the 2790 level. If the price doesn't break through the resistance, we expect it to reach 2611-2640 price range. We will check the ichimoku and data at these levels. As usual we trade at all important levels. And you can follow the free signals in TG.
OANDA:XAUUSD
by SalimiFinancee
15
XAU/USD: Strong Bearish Momentum with Limited Upside🐻 XAU/USD Analysis: Bearish Momentum Dominates Across Timeframes with Limited Upside Potential 🐻 Idea: In this multi-timeframe analysis of XAU/USD, we explore a solid bearish setup that persists across daily, 4-hour, 1-hour, and 15-minute charts. This alignment creates a clear, layered downtrend. Here’s a breakdown of each timeframe, highlighting support and resistance levels, ideal trade setups, and short entry points, while remaining cautious of minor corrective bounces. 🕰️ Daily Chart (1D): Long-Term View From a wide perspective, the daily chart signals a strong bearish outlook: • Momentum: Clearly bearish, with RSI at an oversold level of 24.61. Despite the oversold status, the prevailing downtrend remains strong, with limited upward potential. • Ichimoku Cloud: The price is far below the cloud, with the lagging span mirroring the bearish structure. Sellers are in control, and there are no reversal signs. • ADX & DI: A high ADX and dominance of the DI- line emphasize strong selling pressure. • Key Support Zone: The zone between 2,575 and 2,580 acts as critical support. If price dips into this zone, we may see a corrective bounce before a potential further decline. The daily chart maintains a bearish sentiment, where any temporary rallies are likely to be capped. 🕰️ 4-Hour Chart (4H): Medium-Term Insights The 4-hour chart provides a closer look at possible short-term corrections within the broader downtrend: • Trend: Bearish momentum continues, with a slight bullish divergence hinting at a minor pullback. This divergence suggests that sellers may temporarily lose momentum. • RSI: With an RSI of 27.77, slightly above oversold territory, the 4-hour chart hints at a possible minor correction. • Ichimoku Cloud: Both price and the lagging span remain below the cloud, reinforcing the downward trend. However, the proximity to a key support zone may prompt buyers to test the strength of the bearish hold. • Resistance: Watch for a potential rejection at 2,590 - 2,595, likely strengthening short setups if price attempts to rally and fails at this level. The 4-hour chart presents a potential for small corrections, though bearish conditions remain the primary theme. 🕰️ 1-Hour Chart (1H): Short-Term Perspective The 1-hour chart captures immediate price dynamics, suggesting the possibility of a minor bounce: • Trend: RSI sits at 20.91, in oversold territory, suggesting a short-lived bounce may occur. • Ichimoku Cloud: Price remains below the cloud, with exhaustion signs as it nears support. This setup underscores bearish pressure but hints at a possible minor pullback. • Moving Averages: The strong detachment from MAs suggests the bearish trend will continue, but a mean reversion play is possible, where price might retrace toward the MAs before resuming its downtrend. • Immediate Support Zone: The 2,580 - 2,583 zone could serve as a temporary lifeline for buyers, though any bounce here is likely to be brief. This chart provides a snapshot of a potential pullback, with the downtrend still prevailing. 🕰️ 15-Minute Chart (15M): Intra-Day Snapshot For intra-day traders, the 15-minute chart highlights immediate levels: • Moving Averages: The 10 MA at 2,587 and the 50 MA at 2,592 act as intra-day ceilings, likely capping any upward movement. • Short-Term Resistance: The 10 MA at 2,587 serves as the first barrier, with the 50 MA at 2,592 reinforcing resistance. This chart is ideal for quick, short-term trades, confirming limited room for upside, setting the stage for possible scalps within a narrow range. 📝 Trade Setups Primary Short Setup • Entry: Sell limit at 2,590 - 2,593; secondary entry at 2,595 if price retraces to resistance. • Stop Loss: 2,598 • Take Profits: • TP1: 2,583 • TP2: 2,580 • TP3: 2,575 Secondary Bounce Setup (Countertrend) • Entry: Buy at 2,575 - 2,578 if reversal signals appear. • Stop Loss: 2,573 • Take Profits: • TP1: 2,585 • TP2: 2,590 🔄 Moving Average Detachment & Reversion Play Across all timeframes, the price’s separation from moving averages suggests a possible mean reversion: • Short-Term Reversion: Monitor for rejections near 2,590 to enter short positions if bearish momentum resumes. • Long-Term Reversion: Daily chart support at 2,575 is critical; a break lower would confirm continued downtrend. Summary 1. Bearish Continuation: The downtrend dominates, favoring short entries at resistance levels. 2. Corrective Bounce: Exercise caution on countertrend plays. 3. Mean Reversion: Moving average detachment suggests a potential short-term correction; watch for resistance rejection to confirm further short setups. Trading Implications • For Sellers: This setup favors short positions across timeframes, using resistance levels to enter or add to positions. • For Buyers: Proceed with caution; the limited upside and strong resistance make long positions challenging unless a breakout occurs. Conclusion: The strong bearish alignment across timeframes supports short setups with precise entries, while moving averages act as resistance across all timeframes, reinforcing the downtrend and creating opportunities to capitalize on minor pullbacks within a well-defined bearish environment.
FX:XAUUSDShort
by ICHIMOKUontheNILE
XAUUSD Daily AnalysisAccording to our previous analysis which showed the exact movement of Gold (based on ichimoku ), the trend of gold is still upward. So we have correction on chart and expecting to move from the range of 2761 to the first support area ( 2698-2688 ) and then move to higher resistance zones ( 2783- 2788 ) and ( 2814-2819 ). Note: *If the 2761 range (4-hour kijensen) is broken, we expect our expected downward correction from the 2783-2788 range to the the support zones. *if the support of 2698-2688 is broken, the next support zone is (2640-2629). *We trade at all these levels with proper mm :)
OANDA:XAUUSD
by SalimiFinancee
18
YATHARTH - Ichimoku Breakout📈 Stock Name - Yatharth Hospital & Trauma Care Services Ltd 🌐 Ichimoku Cloud Setup: 1️⃣ Today's close is above the Conversion Line. 2️⃣ Future Kumo is Turning Bullish. 3️⃣ Chikou span is slanting upwards. All these parameters are shouting BULLISH at the Current Market Price and even more bullishness anticipated AFTER crossing 667. 🚨Disclaimer: This is not a Buy or Sell recommendation. It's for educational purposes and a guiding light to learn trading in the market. #CloudTrading #IchimokuCloud #IchimokuFollowers #Ichimokuexpert Excited about this analysis? Share your thoughts in the comments below! 👍 Like, Share, and Subscribe for daily market insights! 🚀 #StockAnalysis #MarketWatch #TradingEducation #ichimoku #midcap #smallcap #largecap #YATHARTH
NSE:YATHARTHLong
by nikunjbhadja