ICHIMOKU WEATHER REPORT: AUDUSD FORECASTI have included the Ichimoku Indicator to give a better visual of my forecast. As you can see, the Kumo lines are level, implying that price may be in ranging. Tenkan and Kijun lines are flat though Chikou Span is still ablove the candles; Candles are still above the Kumo but no explicit inclination up or down.
Ichimokukinkohyo
DXY Forecast for the month of March.Using concepts founded by ICT (The Inner Circle Trader) and my overlay using the Ichimoku Indicator, I am forecasting a Bullish Dollar for the month of March. Analysis of the Dollar is important; it being the default World Currency, having and idea of its movement will aid in your trading decisions.
FTMUSDT 😄 Bullish ContinuationWe finally see FTM breaking the downward trendline yesss!
Now there are 2 short term scenarios that could happen:
Bullish Continuation
We need see price breaking above 0.33 that would confirm bullish bias to the upside
Target: 0.38 - 0.40 area
Bearish Continuation
Price would correct itself down to liquidity area.
Target: 0.24 - 0.20 area
We'll see how it plays out. Market has gotten all greedy these days!
Trade Safely,
Kina 😄
DOGEUSDT 🔥 Critical PointOverall DOGE has been moving in an upwards rising channel which is mostly known for a breakout or breakdown pattern. It could lead either to a super strong bullish move taking it upto 10 cents or even more or it could just break down until it completely reverses all that it has grown for the past months at around 0.05 area. So this is a dangerous game!
Daily Timeframe Ichimoku Cloud analysis:
Price is located above the cloud so this means, buying is only allowed.
We can buy the re-tests of the conversion line (tenkan-sen) or the base line (kijun-sen) similar as to what would be the 9 ema and 26 ema but more complex. Successful re-tests to these lines lead to buying opportunities to go with the trend and ride it. However, as mentioned earlier, rising channels could be a bear market rally or a complete downtrend reversal. So you have to manage risk accordingly.
Today, we've got a beautiful re-test to the base line along with a bullish engulfing candle, I'd wait until it closes and see how the next candle opens in 10 hours. If it is opening higher then that's an entry trigger and confirmation to go with the trend my friends!!
Targets are marked with price tags in the chart.
Please manage risk accordingly and risk a % of your portfolio. Never be biased and think that the bear side of things could be a possibility but don't look at it as a bad thing instead take it as a good buying opportunity. Even more so, if you wait long enough for the key levels to get a better entry point.
Take care!
Kina 🔥
JASMYUSDT 🚀 Inverse Head ShouldersHey guys!
Today I'd like to share a JASMY Coin idea. I've spotted an inverse head and shoulder pattern that has formed. Confirmation to the bullish upside would be a breakout and re-test of the zone followed by entry trigger dropping into the lower timeframes.
Confluences:
We need the breakout of the pattern to the upside to confirm bullish reversal. But having this pattern itself after a huge drop, it's pretty awesome.
We've got Ichimoku Cloud breakout which signals bulls are taking over still make sure you have a plan to be certain with your confirmations.
RSI Bullish divergence signaling the bears have lost power for now.
Targets:
1) 0.0050
2) 0.0055
3) 0.0065
4) 0.0070
Stop loss below the cloud or 2 ATR or below swing low. Manage that according to your trading plan.
Let's see how it plays out!
Kina 🚀
TLMUSDT 💥 At an ALL TIME LOWHere we are at a very key area for this coin. I'd like to see a pattern that would confirm the reversal from this area to the upside. First sign we have is a bullish divergence on the RSI on the daily timeframe still is not enough to confirm bullish bias. So I'll wait for a double bottom or H&S on the H4.
This area still is a demand buying zone being the all time low for this coin, it doesn't get any better than this. Could be a very rare opportunity or it could go lower of course.
Still first target safely would be: 0.015 as this price had the highest volume profile.
We'll be monitoring and updating this till when we ready to open a position.
My regards,
Kina💥
EGX: Bearish Market SentimentsThe shadow of RAS Hikma transaction on the construction sector was superb; however, process industries sector, and USD-base revenue companies lead the sharp fall.
3-4 days to recover based on ghosting the Bars pattern.
in the mean time, FLOATING is the QUEEN.
FORTY EIGHT is the jack of all spades.
words of wisdom: he is no fool who gave up what he cant afford to keep to gain what he can never imagine to lose.
Ras Hikma impact on EGX30the rule of thumb in the EGX30 ... buy on RUMOURS, and sell on the NEWS.
Rumors started on Jan 31st, Ras Hikma project is worth 45Bn USD, and Emiraties areIN.
Yesterday, the Rumors became solid fact, Egypt prime minister announced the signing of the contractual agreement live on national television.
The deal is worth 35Bn USD.
The USD/EGPp on investing.com dropped almost 19%.
However, the market sentiment is the key success factor for every single stock.
A repeat scenario of January 31st probabilities are above average.
MNQ 15 MINUTE CHARTThis is a view of the 15 Minute Chart showing the Ichimoku ' Death Cross ' which indicates the beginning of lower prices; Also, to confirm this we see price moving into the Kumo and we see the beginnings of a Red Kumo which confirms lower prices. These in my opinion are multiple areas of convergence that confirm my overall analysis. At this point I will determine how far to move my Stop Loss. Generally, I will not move it to just below Break even until price is beneath the Kumo on the higher timeframes, specifically the 1 hour.