Potential upwards momentum Notice the Kijun-sen has pointed upwards while the Chikou-span has closed above its price 26 periods ago, if you drill down to the daily chart the price is above the cloud but the Kijun-sen points downwards, it's better to keep it in your watchlist to see how it unfolds in the coming days
Ichimokukinkohyo
Ichimoku Analysis for MATICPrice and lagging both above the cloud along with a bullish kumo crossover.
AUDNZD Ichimoku Kinko Hyo analysisWeekly:
Tenkan Kijun dead cross
Chiko breaks candes downward
Bearish Kyushu Ashi appeared (B pattern)
Daily:
Kumo down
Kijun down
Tekan down
Chiko below candles
Price can still be sideway/downtrend until next daily Kihon Suchi (9 Nov 2022) and in the long term, downtrend may still continue till Kihon Suchi in Weekly ( 12 December)
H4:
Kumo down
Kijun down
Chiko below candles
BANK NIFTYHello and welcome to this analysis
Bank Nifty has activated a Bearish Harmonic Bat in daily time frame.
The anticipated retracement levels are 38-50-62% of the upmove. The view would be negated if it sustains above 41530.
As per Ichimoku Time and Wave Theory also we have a turn date activated. Until it sustains below 41530 it would remain weak. In case it breaks on the upside then the low of Friday October 28 would be considered as a stop loss for longs
EURUSD about to break Daily Kumo Comment:
EURUSD Daily timeframe shows it's about to break Kumo. Once it happens, market can be continuously bullish.
Ichimoku Analysis:
- Tenkan sen and Kijun sen gold cross happend already
- Chiko span breakout happened already
- Kumo breakout is about to be happening
Next Scenario:
Once Kumo breakout happens the next target will be 1.0197 then 1.0367
USDJPY continuously bullish, targeting 150.0 levelComment:
USDJPY Daily timeframe is showing continuous bullish trend as per Ichimoku Trend Analysis.
Ichimoku KTS Analysis:
- Kumo (Senko span A and B) up
- Tenkan sen up
- Kijun sen up
- Chiko span above candles
Next Scenario:
Kumo is continuously thick and long. Market is targeting to 150 level.
USDJPY (Ichimoku Kinko Hyo analysis)Weekly
Kumo up
Kijun up
Tenkan up
Chiko above candles
Daily:
Kumo up
Kijun up
Tenkan up
chiko above candles
the uptrend may continue until next Kihon Suchi in daily tf (27 Oct 2022)
In the long term: the uptrend may continue until next Kihon Suchi in Weekly tf (19 Dec 2022)
Entry: H4;H1;M15
Overall: 60% up ,30% range, 10% down