Kumowizard

Kumowizard

- Ichimoku setup is neutral with a thin Kumo ahead - Price couldn't climb back above Kijun Sen - Heikin-Ashi signals indecision, indicators cross down - MACD and EWO neutral We opened a small short today at 112,96, initial stop at 113,55 Real key zone will be 112 - 112,10. We will take size position only on a clear bearish signal. For now it is just a fun...

Kumowizard

- Ichimoku setup is bullish - Heikin-Ashi shows consolidation. Price action however is very strong, Gold did not really pull back to major support, just moved sideaway in a tight range. haDelta+ and haOscillator may tell us market is gaining momentum for the next leg up. - If 1235 will be cleared, Gold will target 1255 and later 1280-1300 weekly resistance...

Kumowizard

With no doubt, bond market is bearish. But somehow price action is strange. After a hawkish FED statement 10y seems to fail continue lower. Meanwhile USD is strengthening but Gold is also holding its gains! Can it be some sort of early signal for a more radical risk off to hit markets soon? haOscillator and haDelta+ turning up above there mid lines. MACD also...

Kumowizard

- 6 years long bullish trendline is very close to spot price. - Important key horizontal supp/res zone at 9,39-9,42 - EWO and MACD show minor positive divergence compared to lower low in price - Heikin-Ashi indecision Upper key levels are: 9,4810 / 9,5440 / 9,61

Kumowizard

And you can always trust a super dovish Central Bank :-) In case of a bullish flag breakout, EURHUF Will target 345-350 zone.

Kumowizard

Please check the link below to see the earlier post. In 2017 I draw a bearish flag break on the Monthly chart, with a clear technical measured target. Now check again the recent weekly chart. Target reached. Conclusions: - never fight against a major trend - go with the trend (I did not ride it fully, but at least I did not have any strategic long positions at...

Kumowizard

If Italy 10y yield breaks and closes above Kijun Sen (3,07 %), then BTP market Will face a massive selloff, targetting 3,85 % - 4,00 % zone. Get ready for short!

Kumowizard

- Ichimoku setup is bullish - price reached Kijun and spot Kumo support - Chikou Span (lagging line) is also at past Kumo support - HA candle body shrinks, indicators may give an early reversal signal soon - CPI to day at 3,4 % (mkt exp. 3,3 %), but core CPI down to 2,2 % -> NBH is very unlikely to change its extra dovish rethorics any time soon - European...

Kumowizard

Watch for confirmed bullish flag breakout! in that case measured target would be ard 345. Heikin-Ashi shows bullish momentum pickup. haDelta+ crosses up above mid line, haOscillator is turning higher too. We are adding to our already existing long positions.

Kumowizard

10y Note has been trading above the cloud and signals show more bullish bias. Please note that there is a historically record short speculative positioning on US treasury market, which may cause more short term squeeze up, especially in 10y and 30y bonds.

Kumowizard

- Price is trying to step out of the cloud, but it is still within the trading range - Future Kumo is flat and thin: neutral picture with minor bullish bias - haDelta+ bullish bias above mid line - haOscillator may deliver a bullish signal too. - EWO has bullish bias

Kumowizard

Clear message from PBoC to USA and POTUS in reply to the trade war. Room to go higher :-D

Kumowizard

The bullish wedge is breaking, the long term bullish consolidation may be over. A close above 0,8840 key level could bring acceleration and lead to a decent bullish move. Be patient, enter only on clear and valid signal.

Kumowizard

Weekly: (-) Ichimoku setup scaled back to neutral: price is below Tenkan and Kijun, we have a weak bearish T/K cross, Kumo cloud shades price ahead, Chikou Span down to past candles (-) Weekly Heikin-Ashi candle is bearish (+) haDelta+ and haOscillator suggest bearish momentum may slow down as price is reaching 1,1678 (100wma and spot Kumo top) - 1,1770 (forward...

Kumowizard

- Ichimoku setup is bullish, but price got too quickly too far above Kijun Sen (a bit overbought) - Heikin-Ashi signals a pause and a possible local top (Not yet bearish) Warning signals: - If market is unable to gain more momentum and recapture 7000+, then it will likely set up a major Head and Shoulders pattern. After so many years of strong bullish run, this...

Kumowizard

- Ichimoku setup has minor bullish bias, but - Heikin-Ashi quantification tools (haDelta+ and haOscillator) signal possible momentum weakness and reversal at 313 key level - If price cannot break above 313,50, it may develop a Head and Shoulders pattern -> neckline and also Kumo supp/res is at 311,05 - In case of a sell signal and a 311 brealdown confirmation,...

Kumowizard

Watch momentum reversal indication (by haDelta+ and haOscillator), and Heikin-Ashi sell signal at 2660-2675 bearish support area.

Kumowizard

Weekly: - Bullish Ichimoku setup. Chikou Span enters open space (confirmation) - After multi weeks bullish consolidation, Heikin-Ashi candle and indicators give a buy signal - EWO is positive Daily: - Ichimoku setup is picking up bullish bias. Price is above Kijun. - EWO turns bullish. Use dips to load more long positions. If makes a higher and closes above...