Ichimoku_Hokage_Ninja

Ichimoku_Hokage_Ninja Updated 

Traders may long AUDCAD now at 0.618 retracement or place a buy limit at 0.768 retracement level. We have a Gartley pattern and a flat kumo bottom which is a typical magnet for prices.

Ichimoku_Hokage_Ninja Updated 

For this pair, I am using the advanced Ichimoku techniques i.e. wave/time/price analysis. We have an N wave or 123 pattern being formed. At the same time, we have reached Kihon Suchi. We have a few possible target price levels. This is the start of a new bullish trend and so the basic stuffs on Ichimoku are not very relevant for this pair. There is a good risk to...

Ichimoku_Hokage_Ninja Updated 

We have a triple top for GBPUSD. The short term trend is bearish, typical of a double or triple top. However, Chikou span is free to run. There is a certain angulation to tekan and kijun and the kumo twist is bullish. My long term bias is bullish and I would long at pullback. At the present moment, the path is clear for a bearish move.

Ichimoku_Hokage_Ninja Updated 

Bullish candle broke trendline . There could be a further retest of the trendline before price takes off. Long breakout with bullish candle.

Ichimoku_Hokage_Ninja Updated 

Bullish candle broke trendline . There could be a further retest of the trendline before price takes off. Long breakout with bullish candle.

Ichimoku_Hokage_Ninja Updated 

Bearish candle broke trendline . There could be a further retest of the trendline before price plunges down.

Ichimoku_Hokage_Ninja Updated 

Bearish candle broke trendline. There could be a further retest of the trendline before price plunges down.

Ichimoku_Hokage_Ninja Updated 

Long USDJPY. TP1,TP2 and SL are set based on Fibonacci ratios.

Ichimoku_Hokage_Ninja

Risk to reward ratio is at least 1:1. H4 TF shows a red HA doji. Both Tenkan and Kijun are flat on the H4 and daily TF. Range trading in play with possibility of throwback. Be reactive to price action.

Ichimoku_Hokage_Ninja Updated 

The daily TF displays 6 signals and all of them are in balance. For imbalance to occur, the chikou span must cut through senkou span B to confirm the downward move on the daily TF. The strong support at senkou span B on daily TF also corresponds with the weekly kijun sen. Rolling dragon is spotted on the H4 TF. Aggressive traders may look to scalp the market and...

Ichimoku_Hokage_Ninja Updated 

Weekly TF shows a C-clamp. On the daily TF, we observe TK cross, regular bearish divergence and KHSC. HKB is within the next 1-2 days. Trigger when chikou span crosses senkou span A.

Ichimoku_Hokage_Ninja Updated 

Weekly TF shows a large C-clamp. We are anticipating a Kijun bounce on the daily TF. If the Kijun bounce does occur, an N wave may be formed. We are looking for a better entry point to maximize our risk to reward ratio. Monthly TF shows a walking dragon in the making. Notice how the weekly resistance from kumo and monthly Kijun match so perfectly with the...

Ichimoku_Hokage_Ninja Updated 

CADJPY is facing a strong resistance. This setup is very similar to the GBPJPY pair which hit the jackpot for us this week. There are different ways to enter a trade for this pair i.e. 1) Price closes below the blue box, 2) Price closes below Kijun and 3) Price closes below the trendline.

Ichimoku_Hokage_Ninja Updated 

We just witness a bearish TK cross on the daily TF. The daily Kijun is very close to the monthly Kijun and signifies strong support level. Price has not been able to close above the daily Kijun for the past one week. The weekly TF also shows a C-clamp. Coincidentally, the monthly support also commensurates perfectly with the daily Senkou Span B. Regular bearish...

Ichimoku_Hokage_Ninja Updated 

Plan: Either wait for throwback (there is a slight difference between throwback and pullback) or bar to close above mother candle.

Ichimoku_Hokage_Ninja Updated 

Plan: Formation of N-wave is in the making. Not much room left for long. Look to short at good price.

Ichimoku_Hokage_Ninja Updated 

Price has hit trend line and meets demand zone . My bias is bullish .

Ichimoku_Hokage_Ninja Updated 

16 Oct: My bias was bearish. Need to wait for the price to break out of the box. Update (18 Oct): Price needs to break above the cloud before I consider a bullish move.