if you follow the ichimoku system and rules, you will note that: 1. price is above our kumo cloud. 2. our future kumo cloud is bullish. 3. price is above our kijun-sen line (looking to find support to enter long) 4. chiko span is above price and nothing in its way to carry on going up. my bias is that price will go up to weekly res 1.22200 will be waiting for...
the dollar index is at a crucial price level. if the dollar fails to hold this level we can see price move down to weekly resistance level of about 81.00. the next couple of days are crucial for the dollar.
here we can see price rejected by trendline. my bias is that price will go up to strong resistance point
good day traders. I traded this pair because we have what looks like a fakeout of price pushing back up past resistance but coming back down and retesting that resistance level. my entry bar a was bearish pin bar which also closed below my kijun-sen line and price is also below cloud. so lets see how this plays out.
past resistance becomes future support. price pulled back to our 50% fib level with the 1 4h candle giving us a bullish pin bar and the next a doji.
on to the next trade. this was a counter trend trade which I don't normally do but the setup was too good
price got rejected at our acending trendline. my entry was a bearish pin bar. my tp will be at the level of resistance
I will be watching this pair at our trendline. bounce or break scenario. if price break through the trendline I will wait for price to break through our resistance in order to go short and fill the gap
price broke through our daily resistance. on the 4h time frame I will wait for a pull back to 38.2 fib ext. to enter long. price is also above my kumo cloud and above my kijun-sen line
here price has touched our kijun sen line also offering us a bearish pin bar.
good morning traders. my previous analysis on gold got ruled out due to price coming back into our trendline. here is my new analysis where I think gold still has potential to go down.
good day traders. here we can see a breakout of our decending channel. I will be waiting for a pullback to occur before entering short. I will be looking to take profit at 0.91500(weekly resistance). price is also below our kumo cloud with a bearish future kumo cloud. lets get these pips this week. happy trading(:
my bias is that price will go down. lets see how this plays out. I have 3 break outs here break out 1 is my 1st acending trendline.(short term) breakout 2 is my support area breakout 3 is my acending trendline (long term) I will be waiting for another breakout of my resistance area to go short.
price has been ranging in our decending channel making LH and LL. 'price has also pulled back to our kijun-sen line and found a strong level of resistance. I will wait for my 2 breakouts to occur before going short
price is currently making HH and HL meaning a uptrend. keeping in mind that the gap is still open price will retest the previous resistance as a new support. if support holds we can see price go up higher. if support does not hold then my bias is that the gap will close.
my bias is that price will break through my 2nd trendline and go down to 1.4000
.price will either break or bounce from the acending trendline. we can only tell with time currently we have price trading in a range.
will be looking to go long once a pullback has occurred either at my fib level or my kijun-sen line based on ichimoku rules