Upcoming Earnings Alphabet Inc. (ticker: GOOG) is scheduled to report earnings after the market closes on 23 July. The consensus Earnings Per Share (EPS) estimate for the fiscal quarter ending June 2024 is $1.85. The reported EPS for the same quarter a year prior was $1.44. Price Action Nearing Ichimoku Cloud The stock is poised to register its first losing...
We are under a descending Kumocloud and in a descending canal that we have now reached the roof of the canal and we expect more fall. . I will definitely update the analysis by then. I will be happy for you to support me with your likes and comments.
I think we are still in a downtrend and this downtrend is likely to continue up to $ 1745. The best area to enter a good sales deal is around $ 1783 so wait and let us look for an entry trigger in that area. If we want to think about buying, it is better to wait until $ 1745 and get confirmation marks. What do you think? I'm happy to comment!❤️
Nifty has completed a Bullish Harmonic Reciprocal AB=CD at the crucial support of an Ichimoku Span A of a bullish Kumo. If it manages to sustain above 15575 the reversal will get sharper. One can wait till then and take action accordingly.
Fellow Traders and my JDM Junkies on IG, Please fasten your seatbelt. You will not want to miss when Litecoin launches off the ground. Through the volatility, we sometimes forget to look at the bigger picture. Let me remind you again. Litecoin is forming the perfect Adam & Eve pattern on the weekly timeframe. It is the ultimate sleeping giant. LTC has survived...
Litecoin looks strongly bullish on the 4H in comparison to Ethereum $ETH has been the Crypto Market leader lately and with $LTC looking to outpace this leader it makes a good argument to enter a long position here. Reasons being: -Kumo cloud twisted to bullish -Bullish TK Cross above the cloud adds conviction -Lagging Span is above the cloud making a stronger...
It looks pretty clear that we have some significant resistance around $9.5k. My initial call on $9.8k was based off of us rounding back down to the Tenkan line. That has occurred and currently held. If we do go $9.5 and actually bounce (vs breaking through the bottom of the Kumo Cloud) I would personally hold off for 1-2 candles before I would buy in myself to be...
Ascending Triangle. T/K CROSS. KUMO CLOUD TWIST. BULLISH RSI. RECOVERING FROM BULLSHIT AMERICAN SESSIONS SENTIMENT. GO FOR IT.
At night there was a break out of bullish Kumo cloud. Right now, we can see small bearish reaction. Maybe there will be an opportunity to open longs. We just have to be careful about Chikou Span setting, currently there is no way to enter long position, maybe in near future it will change.
On the H4 chart we can see, that AUDJPY came back above bullish Kumo cloud. Currently it is sliding on the Chikou Span A line. If in this place there will be any buy signal showing up, we can open long position with the target on the resistance in the 86.10 area. We have to be careful about Chikou Span line. Currently it is below the price and it doesn’t look like...
Basically I got stopped out at 280 and looking to go long again if it the candle finishes inside of the cloud on the 1h after the squeeze, and keep long if it breaks out the 4h, at ~320ish, next resistence ~345, with a stop loss at 290. Don't take my word for it.
GBPCHF broke ut critical resistance on H1 chart. Price is above EMA 50 and Tenkansen. And the price is about the leave the Kumo behind.
BCH bounced over the 1h and 4h Kumo support line, but it's next move is not sure. Any ideas ?
Long-entry signal based in 1hr time-frame and Ichimoku Cloud do not show entry- signal yet; however, lower time-frame (15min) shows entry for those whom are in a hurry. For divergences and other possibilities, there is bellow another study regarding to that:
Testing new ways to identify support areas with past Kumo clouds - One strategy is to draw diagonal lines over long stretches of flat kumo clouds, supposedly indicating support/resistance zones. The recent uptrend has just breached a support triangle (hidden) indicating potential bearish activity ahead. If we do indeed go down - this should be a good test on...
The red and orange lines (with price call outs) represent support and resistance lines from flat kumo clouds (hidden). Read more about this strategy here: ichimokustrategy.com Looking at 12H/6H Ichi indicator - paired with RSI reaching overbought areas in 6H and less time frames I think we have seen the top, and this will be confirmed by an extended drop below...
Going off of the 5 minute charts. Risk Reward 1:2, - Entry 28.82 -Stop at Kijun-Sen 29.05 -Target 28.38 Intraday Trade. Intraday MACD < 0 and Higher Timeframe MACD turning down but still above zero