albert.callisto

albert.callisto

This idea is for investors as I'm analyzing the chart in weekly and trying to identify fair targets for a long position. First you need a donchian line which is basically the middle between the highest high and the lowest low during the last 52 weeks. Using this donchian line (nb. which is part of Ichimoku system as SSB line), you then identify the last "cycle"...

albert.callisto

EURUSD just hit the upper layer of the slow Guppy ribbon. Therefore a short can be foreseen using the 3rd SAR point as a SL. The opposite SAR is the TP.

albert.callisto Updated 

BTC is finding some resistance and needs to pullback a bit on the 10530 area before trying to reach higher levels given by flat sections of SSB/Kijun. It is too late to buy now. The trendline could provide some boost for a new bullish leg. The MACDZ is still slightly bullish but it clearly shows it's running out of steam. The main target is 13250 which is a long...

albert.callisto Updated 

USDTRY is in a consolidation pattern, it is slowly reaching the 50% of the previous bullish leg. This may wake up the bulls that could attempt to break out of this wedge. Aggressive strategy would be to buy the break after the daily candle is closed. More defensive strategy would wait for a small retracement after the break before entering. SL/TP given by the Fibo...

albert.callisto

BTCUSD in a bearish mode. With Ichimoku, we traced the flat Kijun/SSB segments and used this to define areas of interest where BTC is ranging. If the price closes in h4 under the top rectangle, we may see a movement towards the lower rectangle that will be the next main support.

albert.callisto

On a daily basis, breakout occured but a throwback is necessary before entering, ideal entry point given by a previous horizontal resistance (purple dashed line). The current phase is very bullish with a Kijun/Tenkan on top of each other, it's too late for going long for the moment. Profit levels are given by flat segments of SSB in weekly timeframe. SL is set...

albert.callisto

Twist is the place where the cloud rotates, in other terms they form when the SSA crosses the SSB. Ichimoku can be used to detect ranges by looking at the successive and aligned twists of the cloud. In a perfect range, the twists would be perfecly aligned on the same horizontal level. In practice, this is never the case but you can still spot those that are...

albert.callisto

SMI

albert.callisto

Similar pattern was seen at the end of year 2011.

albert.callisto

Fibos matching flat SSBs given by Ichimoku in weekly view. Switching back to daily, the level 0.382 is also a flat SSB. We may expect the price to test these levels again if the current bullish trend continues at this pace.

albert.callisto

After a rally, EURUSD is slowly reaching an upper band defined by several flat SSBs given by Ichimoku, they act as a resistance zone. Moreover it is blocked by the upper prong of the fork where the price evolved since September. Depending upon the US elections, we may see a rejection of this area with a price returning to the middle of the last swing we observed...

albert.callisto

Check level 21 which may offer a long entry if it holds well: median of fork + resistance of the summer of range

albert.callisto

Copper is evolving between two main trends. See graph for more info.

albert.callisto

H4, wheat has bounced against a resistive area topped by a level given by the flat SSB before the twist on 6th May. We may now see the price heading towards lower levels given by flat Kijun and flat SSBs. If it manages to break the middle of the fork, we could even have a target at the lowest level of the range. Chinkou has plenty room in the first part of the...

albert.callisto Updated 

The price got out of its ranging bound. The lagging span broke the Kijun and had just bounced on the range rectangle before. We may expect the price to lateralize a bit before the earnings and then, if they are positive, to see an uptrend that would make it reach the higher part of the cloud. A retracement after benefits are taken would provide a good entry point...

albert.callisto

Palladium is in a sustained uptrend. By looking at weekly SSBs levels provided by Ichimoku, we can define key levels that may be used as intermediate targets. The rectangle in pink shows a set of flat levels traced by the daily SSBs, they form an area of dense resistance that the price recently tried to test and failed to break so far. But we may expect a second...

albert.callisto Updated 

EURPLN is in a total overbought condition, RSI rocketing to the sky. Price also reached its top with a candle and its long wick. Price should now be attracted by the Tenkan.

albert.callisto

The recent rally is diverging from the RSI, beware of a sudden correction as we are in a high overbought range. We are also in the highs of the last weeks, the market must have some rest.