Price is trading inside a mother bar. Future kumo is thick with 2 flat spans. Entry was made based on CD. Trade is monitored once every 4H based on ADX.
On the H1 TF, all the Ichimoku signs are bearish. This is a kumo breakout trade with confirmation from secret indicator.
On the daily TF, we have a bearish tenkan-kijun cross, chikou span is below price and a bearish kumo twist. Price is basing along the kumo edge and is a little far away from kijun. Give this pair some time and we should begin to see the start of a new bearish trend.
The daily TF is giving hints that a new bearish trend is about to kick in. A bearish kumo twist is to be expected within the next few days.
On the daily TF, all the Ichimoku signs are bearish. Price is basing at a 52 week low. Traders may place a sell limit order on this pair to get a better entry price.
Price is basing under the kumo. There is bullish tenkan-kijun cross and the future is bright. Similar to AUDNZD pair, the main concern is that the price is a little too far from the kijun.
Price is basing under the kumo. We have a bullish tenkan-kijun cross and a bright future. %R confirms the strong bullish momentum. The only concern is price is a little too far from the kijun.
On the daily TF, price is basing off the kijun. We are witnessing the making of a roll-over. Tenkan is pointing upward while the kijun is flat. I am expecting price to reach the kumo bottom, at the very least.
On the daily TF, we just had our bearish tenkan-kijun cross. We have a very thick future kumo but span A is pointing downward, signaling a potential bearish kumo twist in the near future. The last daily candle was a bearish candle with a long upper wick. Strong bearish momentum is confirmed by the %R. Price is currently at a strong support, but my bias for this...
Price is moving along the kumo edge aka kumo bounce. I am expecting the price to make a minor correction before hitting a bull run.
Price has been on an uptrend since last week and it is currently basing at the kumo bottom. Price has also closed above the weekly kijun. A new bullish run is expected.
On the daily TF, we are about to witness a bearish tenkan-kijun cross. Both spans A and B of the future kumo are flat. I am expecting a bounce off the kumo which is our upward correction before the bearish trend takes over.
On the daily TF, price is rejecting off the kijun with a bearish spinning top. All the Ichimoku signs are bearish with confirmation from %R. Price has pulled back to the previous support turned resistance. Entry was taken based on H4 FFB.
A few days ago, I stated that we are expecting a bearish kumo breakout within the next few days and so it did. Check out the link below: On the daily TF, all the Ichimoku signs are bearish. Span A and B are both angling downward at 45 degree. Chikou span has broken free from the kumo. I am expecting a home run for this pair.