On the daily TF, all the Ichimoku signs are bullish. Price is sitting on a significant support level as confirmed by span B and kumo shadow. It is highly likely that we are witnessing a N wave formation to the upside. Entry was taken based on H4 FFB. However, It is also possible that the N wave pattern could be aiming for the downside. Therefore, we will take...
On the daily TF, price may either bounce off or shoot past kijun. On the H4 TF, all the Ichimoku signs are bullish though the chikou span is still within the cloud. Look to long when chikou span closes above the kumo. Otherwise, a short trade could be taken with TP set at the nearest support.
On the daily TF, there is a rejection candle off the kijun. All the Ichimoku signs are bearish with prices making lower lows and lower highs. Although the future kumo is bearish, senkou span A and B are both flat. Chikou span has not broken past the kumo yet. I am expecting a valid kumo breakout pretty soon.
On the daily TF, there is a bearish tenkan-kijun cross with kijun pointing slightly to the upside. The future kumo is thick with two flat spans. Our bearish bias is confirmed once chikou span succeeds in crossing price from above. %R is in oversold region.
On the H4 TF, price is basing. There is a bullish tenkan-kijun cross but the kijun is pointing downward. The future kumo is on the verge of turning bullish and getting thinner. %R is above -50, indicating short term bullish momentum.
On the H4 TF, price is basing and all the Ichimoku signs are bullish.
On the daily TF, there is a rejection candle off the kumo. Price is trading inside one mother bar. There is a bearish tenkan-kijun cross + chikou span below price + future kumo is bearish. However, price is still inside the cloud and both tenkan and kijun are flat. Both span A and B are flat as well. Daily analysis indicates bearish bias. H4 TF shows price basing...
On the H4 TF, price is basing and is bouncing off the tenkan. There is a bullish tenkan-kijun cross, but strangely kijun is pointing downward. The future kumo is getting thinner and I am expecting a bullish kumo twist soon. %R has crossed the -50 mark, indicating bullish momentum.
All the Ichimoku signs are bearish on H4 TF. Price just bounced off tenkan. Price is below the kumo + bearish tenkan-kijun cross + future kumo is bearish + chikou span is below price and kumo. I am expecting a re-test of the previous support before the bearish train takes over.
On the H4 TF, price is trading inside a mother bar. We have a bullish tenkan-kijun cross and the future kumo is bullish.
On the H4 TF, price is trading inside a mother bar. We have a bullish tenkan-kijun cross and a bullish kumo twist. %R is in the overbought region.
On the daily TF, we observe a bearish tenkan-kijun cross that occurred above the kumo. Currently, price is sitting at a significant support level and is inside the kumo. Although the future kumo is bullish, senkou span A is angling downward while the senkou span B remains flat. Although chikou span is below the price, the current candle is still trading within a...
On the daily TF, we see a bearish tenkan-kijun cross above the kumo. An inverted bullish hammer was observed on tenkan sen. Strangely though, the kijun sen is pointing upward. Price has already crossed both the tenkan and kijun sen from above since last week. Chikou span is attempting to break through the prices which indicates that price is currently...
On the daily TF, price is making a lower high and a lower low. We have a rejection candle off the daily kijun and we have our entry confirmation from %R. We are expecting a bearish kumo twist in the next few days which could add further confirmation to our short trade. Furthermore, daily tenkan is currently pointing downward which suggests short term bearish momentum.
On the daily TF, we have a symmetrical triangle formation. On the H4 TF, a morning star is about to form. We get our entry confirmation via %R.
On the daily TF, all the Ichimoku signs are bearish and the span A of the leading kumo is angling sharply at an angle of 45 degree. On the H1 TF, all the Ichimoku signs are bearish as well. We enter at the break of the support with confirmation from %R. EP: 2475.1 SL: 2531.1 TP1: 2441.2 TP2: 2362.4
On the daily TF, we have a rejection candle bouncing off the kijun sen. Chikou span is already below the price and we are expecting a bearish kumo twist within the next few days. The tenkan sen is angling downward which suggests long term bearish momentum. On the H1 TF, enter a short trade once prices closes below the support level drawn by the red line. EP:...
Price closes above the EMA with a bullish candle. Not quite a bullish engulfing candle, but a close one. Entry was confirmed by %R. This is a short term scalp trade.