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Ichimokukinkohyo

💡Don't miss the great Sell opportunity in XAUUSDHello to all dear traders Hope you are so good. Agree with a long term analysis? I started the gold analysis from the monthly chart, and I think gold may have down to $ 1680 in the coming months, but to make sure I had a closer goal for gold. The candlesticks may be in place in these pricing areas, however, I think gold will sooner or later start the path I specified after breaking the long -term trend line(--). Be careful about the chart after the process is broken to get into the deal. If you like my analysis please follow my page and like my post and comment ❤️🌹
OANDA:XAUUSDShort
by hamidreza_FX
5
As A Neutral Trader, What Would I Do For USDJPY?This USDJPY rally has been incredible. Thousand pips since March 2022. Anyway if I have NO position and what would I do this market? 1. If the market keeps rallying I would try to short whenever market near the upper chanel of my paralel trend chanel. 2. Let's say the market reverse downward I am going to look for confirmation to enter sell. Personally the rally has been huge so I will not prefer to buy. Just wait for the right moment to sell either whenever market up near the upper chanel of my paralel chanel or if the market comes down I will wait for the confirmation to enter short USDJPY.
Short
by HendyHalim
CADJPY - Comprehensive Ichimoku AnalysisCADJPY is bullish across multiple timeframes. A comprehensive top-down Ichimoku analysis can help us confirm our bias and find the best time to enter. Weekly: On the weekly chart, it is bullish. We have strong Ichimoku signals such as Tenkan-sen above Kijun-sen, a bullish Kumo cloud, Chikou span above price, and lower highs forming in price action. If we use a Kyushu legs analysis, we can see that the market is continuously bullish. Kyushu legs analyses momentum over the past 9 weeks and can also help us analyse time cycles and trend length. Using Kyushu legs, we can see that the last major bullish trend lasted 33 weeks. This gives us two targets. Given that the current bull period has lasted 23 weeks, we could expect it to either continue for 3 more weeks (making a total of 26 weeks, a significant Ichimoku number), or for the full 33 weeks, which would take us all the way to September. Either way, these both show that there is potential momentum remaining in this bull run. Daily: From the daily point of view, it is also bullish. We have price above Tenkan and Kijun sen, Chikou above price, and a bullish Ichimoku cloud. One thing that gives me caution is that the Kumo cloud is both flat and thin. This means it is weak and may not be a strong support in the case of a retracement. If we leave my weekly targets in view, we can look at the daily and plan some scenarios: The main scenario is a continuous move bullish, with minor retracements until 5 September. However, we do have major resistance points ahead as outlined below. 4H and below: On the 4H chart we can easily see the potential resistance points at 105.843 and 107.211. These are pivot highs, and I would not buy going into these. It is very risky, but a successful breakout of these levels would be powerful. Other signals on the 4H chart are positive. Bullish Kumo, recent bullish TK crossover, and Chikou just coming above candles right now. The 1H chart is also clearly bullish. However, the Tenkan-sen, Kijun-sen and Kumo lines are all flat. This is significant. It means that the market is not making new highs. We can even see this based on the wick from the previous candle. I would only buy into a market is Tenkan-sen, Kijun-sen, and Kumo are angled up. Whenever you see flat lines, it means that a retracement back to Kijun-sen or the Kumo cloud is more likely. How to enter: The long-term view is bullish, so I am currently looking for a chance to enter on the 5m chart. I am currently waiting for a resistance breakout, at the same time as bullish stochastic, price above bollinger bands, and relative strength on the pair versus all other CAD pairs. All of these confluences can give me the confidence of taking a bullish long trade with a very large lot size and small stoploss. You can use any entry criteria you like, as long as Ichimoku remains bullish on either the 1D and 4H chart, or 4H and 1H chart. If Ichimoku is bullish, then it increases the probability of a breakout, and in turn, increases the success of your trades. Conclusion: - Bullish on the weekly chart, with at least 3-7 weeks of potential bullish momentum - Bullish on the daily, with upcoming resistance points at 105.843 and 107.211 - Bullish on intraday timeframes, with a recent TK cross on the 4H chart - Waiting for a clear edge on the 5m chart to make an entry. I will wait until relative strength is observed, combined with resistance break, bullish stochastics, and bullish bollinger bands. I cannot emphasize enough that you need to wait for a clear edge to appear on lower timeframes. This type of trading is essentially breakout trading, and the majority of breakouts fail. Ichimoku helps us see when breakouts are more likely to occur, but Ichimoku by itself won't give you the exact trading signal to buy or sell. The entry might happen in a few minutes, later today, or not at all. We could see a bounce off resistance or a clear breakout. The beauty of Ichimoku is that it can help you plan your scenarios and easily see opportunities like this. Despite the long writeup, I was able to see everything above in less than 5 minutes of scanning. Keep an eye on multiple timeframes, use Ichimoku to gauge the trend strength, and use lower timeframes to find the edge to enter. Good luck!
Long
by ichimokucorner
CRUDE OIL FUT- CAUGHT BETWEEN KS AND TS !WEEKLY (W1) The 61.8% Fibonacci retracement @ $ 104.68 mentioned in my previous analysis has been filled with an intra-week low @ $ 101.53, which is the level of the Kijun-Sen or Base line and which worked, so far, perfectly well in rejecting the breakout attempt. The Crude Oil futures is caught between the Kijun-Sen (KS) in support @ 101.54 and the Tenkan-Sen (TS) in resistance @ 109.48. Last week price action showed some uncertainty and indecision about further development for the upcoming week as shown by the shape of the candle. (small body with long wicks... !) The weekly closing level @ $ 107,62 is above the ongoing support trend line, currently @ 105.18 and also above the 21 daily Moving Average @ 105.77 . On a weekly basis, an in order to come back in a sustainable bull trend, the Crude Oil should recover and close above the middle ($114.10) of the long black candle of the week before; indeed, such kind of price action would trigger a PIERCING LINE and would neutralise the ongoing downside selling pressure, once again in this WEEKLY PICTURE ! Looking at the DOWNSIDE, the KIJUN-SEN @ $ 101.54 IS THE SUPPORT WHICH SHOULD NOT BE BROKEN on a weekly basis closing level; indeed, a failure to hold above this level would put the focus on £00'51 which is the 78.6% Fib ret of the $ 92.93 - $ 123.68 previous rally) ahead of $ 92.93 former low of April 2022. DAILY (D1) After having successively marking lower closing levels than the previous one and this during 7 sessions in a row, on Thursday a DOJI took place which has been followed on Friday by a long white candle ( BULLISH ENGULFING PATTERN) Such kind of price action should be seen as a first positive signal calling for a recovery continuation and this despite the fact that no BULLISH DIVERGENCE has been detected yet and therefore should still be seen as a corrective move only, with the following targets : R1 : $ 109.99 R2 : $ 112.61 (very important as it is also the cluster of the Daily Tenkan-Sen and Kijun-Sen !) R3 : $ 115.22 On the downside a DAILY CLOSING BELOW $ 104,25 would put again the Crude Oil in its former daily downtrend. 4 HOURS (H4) Double bottom formation in this 4 hours time frame (trigger level @ 107.29) (Warning of potential BULL TRAP !) as the last candle was a DOJI and therefore should be confirmed for a target of $ 113.05 which is currently the bottom of the H4 clouds resistance area. On the downside, a failure to hold and stay above $ 105.40 (4 hours uptrend support line) would put the focus to $103.00 area (former downtrend line resistance) ahead of former low @ 101.53 1 HOUR After having reached an intraday high of $ 108.49 after the daily closing, the Crude Oil went down and broke its hourly uptrend support line; it is stil above the hourly Tenkan-Sen @ 106.74 and above the hourly clouds support ($106.35 - $ 105.07) A failure to hold above the bottom of the clouds around $ 105.00 would be the first warning signal of a continuation of selling pressure which corroborate the view expressed in H4) IRONMAN8848 - Jean-Pierre Burki
NYMEX:CL1!
by Ironman8848
BTC - RISING WEDGE IN PROGRESS...DAILY (D1) The RISING WEDGE is still in progress. Actually the BTC Is trying to upside breakout the Tenkan-Sen which is the first minimum and significative level above which the BTC should close on a daily basis (20'275). The LAGGING LINE and the RSI are currently confirming this uncertainty and indecision in showing a sideways move. Two breakout of the Rising wedge formation to look at are the following : 19'350 21'450 An upside breakout would invalidate this rising wedge formation in putting the focus towards the cluster of (KS, MA21 and downtrend resistance line (24'980-25'350) A failure to close on a daily basis above 1<9'350 would be the first warning signal of validation of this rising wedge which should be of course confirmed by at least a second closing level below 19'350. Target @ 16'184. (Warning at the BEAR TRAP !) 4 HOURS (H4) The uptrend support line which started at the lowest level reached so far @ 17'592 has been broken which has been followed by a pullback attempt, rejected by the Tenkan-Sen. Actually, in this H4 time frame, the BTC is still supported by the bottom of the cloud and is caught between the TS (20'640) and the KS (19'650). The LAGGING LINE is also between the TS and the KS and the RSI is below 50, @ 48.27. SUPPORTS LEVELS (H4 ) S1 @ 19'650 S2 @ 19'164 S3 @ 18'472 S4 @ 17'592 RESISTANCES LEVELS (H4) R1 @ 20'640 R2 @ 21'380 R3 @ 21'708 R4 @ 23'240 1 HOUR (H1) Same than for H4 where the uptrend support line has been broken and in this H1 time horizon, in making some fine tuning, we can see a first pullback attempt which has been rejected by, on one hand the Tenkan-Sen and on the other hand by the top of the H4 clouds. Currently below the clouds which should now be seen as the first resistance area (20'660-20'870 which is roughly the 50% and 61.8% Fibonacci retracement of the last downside move from 21'708 to 19'744 RESISTANCES LEVELS H1 R1 @ 24'495 R2 @ 20'726 R3 @ 20'957 R4 @ 21'287 SUPPORTS LEVELS H1 S1 @ 20'159 S2 @ 19'965 S3 @ 19'744 S4 @ 19'650 Do you like my analysis, if Yes, please do not forget to : 1) Like it 2) to add Ironman8848 in your following list 3) to talk to your friends about Trading View and Ironman8848 3) to write comments :-) Have a nice day, Kind regards and all the best, take care IRONMAN8848 - Jean-Pierre Burki
BITSTAMP:BTCUSD
by Ironman8848
Ichimoko Cloud Breakout StrategyWe Must Pullback to Komu After Breaking Span B you can trade It. you must wait for signal from lowwer timeframes and if you find any reason for reverse you can trade it to span B and After That if you find Any Reason to back to trend you can enter in direction of trend and so on. but you must pay attention to pullbacks no early enter before you get expert in this method lower timeframes confirmation needed. its suitable to 15 timeframe and up. :D 100 % If practice is not forgotten Any Chart you Want you can use
TVC:GOLD
by Seyed_MEJZ
2
AUDCHF - New Downtrend?AUDCHF has recently broken the descending channel established in March. Additionally, AUD is currently the weakest base currency on my scanner, with 1H, 4H, and 1D weakness. Meanwhile, CHF is trending upwards, with 1H, 4H, and 1D strength. Combined, we have AUDCHF breaking support, AUD becoming weaker, and some healthy Ichimoku signals: On the 4H chart: - Bearish Kumo, angled down - Kijun Sen angled down - Tenkan Sen angled down - Chiko below candles - Recent break of support - Price below Tenkan sen These are all bearish signals. I will look for short trade opportunities on the 5m and 15m chart. Remember, a HTF downtrend doesn't guarantee a good short trade. Wait for a good opportunity to present itself on lower timeframes to increase the chance of success.
Short
by ichimokucorner
1
USDJPY — Fake Breakout? USD weakness adds cautionUSDJPY is attempting to break out to the upside. However, this seems to be driven by JPY weakness, not USD strength. All USD pairs are heading down. This makes it unlikely that USDJPY will successfully break to the upside. I wouldn't short based on this, but I will avoid going long until USD starts to regain some strength. It is unlikely for a healthy trend to start on weakness. Long term, the situation is still bullish according to Ichimoku. I'll wait for USD strength as a confluence before considering going long. Neutral for now.
by ichimokucorner
2
BTC top down analysis using IchimokuI am currently seeing BTCUSDT as bearish according to Ichimoku. My view is that we should only look to take short trades if price breaks below the support level at 17622. You can expect price targets, or other zones of support, around 16300 and 15000. If you would like to view the full analysis, starting at the weekly level, going to the 4H chart, then look below: Weekly: Daily: Using daily again to find possible zones of support/price targets: Intraday analysis and next steps: Even on lower timeframes I would only consider shorts right now. The picture is bearish across multiple timeframes. What do you think?
Short
by ichimokucorner
2
AUDUSD Retracing to Kijun-sen on 4H chart — What to do next#AUDUSD is retracing back towards the Kijun-sen on the 4H chart. The Kijun-sen on 4H is also aligned with the Kumo on the 1H chart. Price could rebound off 0.69595. If it breaks through and closes below this price, the downtrend could continue. #ichimoku #forex #trading 1H chart for comparison: Ideas: If price closes below 0.69595 then look for a short opportunity using the 1H and 30m charts If price rebounds off 0.69595 or reverses shortly, then stay away until a clear trend emerges on higher timeframes (e.g. 4H)
by ichimokucorner