XAUUSD Daily AnalysisAccording to our previous analysis which showed the exact movement of Gold (based on ichimoku ), the trend of gold is still upward.
So we have correction on chart and expecting to move from the range of 2761 to the first support area ( 2698-2688 ) and then move to higher resistance zones ( 2783- 2788 ) and ( 2814-2819 ).
Note:
*If the 2761 range (4-hour kijensen) is broken, we expect our expected downward correction from the 2783-2788 range to the the support zones.
*if the support of 2698-2688 is broken, the next support zone is (2640-2629).
*We trade at all these levels with proper mm :)
Ichimoku_trader
XAUUSD Daily AnalysisAccording to our last week analysis Gold was still bullish in the past week and breaks our resistance zone.
Based on our analysis ( Ichimoku ) gold is still in its upward movement and we expect deep retracement from 2766 zone.
Consider this support zone (2711-2717) and these levels : 2683, 2649 and 2637 as a definite target in future downward movement, so these are valuable levels to trade.
XAUUSD Daily AnalysisBased on our previous analysis, Xauusd is still moves in its long term uptrend.
This week we expect retracement of xauusd. If the price doesn't break its resistance zone of 2671, we will see the downward movement to these zones (2616-2577) and again upward movement to 2745 and 2815.
This week be careful about geopolitical news!
XAUUSD Daily Analysis (4H time frame)We expected gold to rise to 2563 and it happened, gold broke above this range. We saw the trend of gold as bullish generally, and now it is at 2585 levels.
it looks like gold is going to reach these zones 2593, 2608 and 2621, we expect small correction from this 2593 but deep retracement from 2608.
And it should be said that according to Ichimoku, the trend of gold in the long term is still upward.
XAUUSD 4H AnalysisWe expect Xauusd to reach the support zones of 2468 and 2455, which are its trading targets and (if this ranges are broken, it will touch its third target in the range of 2421-2416.)
After that, it continues upward movement to resistance zones of 2524-2511.
There are a lot of excellent trading opportunities in all these supports and resistances.
After breaking these levels, chart will be analyzed and updated.
Ichimoku Watch: Salesforce Poised to Breakout Higher?Upcoming Earnings
Salesforce, Inc. (ticker: CRM) is scheduled to report earnings after the market closes on 28 August. The consensus earnings per share (EPS) estimate for the fiscal quarter ending July 2024 is $1.73. The reported EPS for the same quarter a year prior was $1.63.
Vulnerable Resistance?
Resistance is currently being tested at US$263.42 but shows signs of giving way.
While a head-and-shoulders top pattern was recently completed at the underside of the aforementioned resistance (this is more visible on the H1 chart), which could see short-term shorts enter the market and aim at the pattern’s profit objective of around US$253.63, sellers have been unwilling to demonstrate much commitment at resistance in recent trading.
Ichimoku Support
You can see price action closed above the Ichimoku Indicator’s Conversion Line (blue at US$260.27) as well as the Base Line (red at US$260.19), and the Ichimoku Cloud is seen nearby. This comprises the Leading Span B (light orange at US$251.40) and the Leading Span A (light green at US$260.33). As a result, the stock has sufficient support to withstand selling. Should a breakout to the upside occur, this could trigger breakout buy-stops and power a move towards the next layer of resistance coming in at US$279.28.
Price Direction
Although sellers may enter the market from current resistance, the nearby Ichimoku support and the lack of bearishness could eventually stir up a bullish move to target fresh resistance at US$279.28.
Ichimoku Watch: Mastercard Testing Ichimoku ResistanceUpcoming Earnings
Mastercard Incorporated (ticker: MA) is scheduled to report earnings before the market opens on 31 July. The consensus Earnings Per Share (EPS) estimate for the fiscal quarter ending June 2024 is $3.51. The reported EPS for the same quarter a year prior was $2.89.
Active Downtrend
Basic trend studies demonstrate that the stock has been gradually trending lower since forming an all-time high of $490.00 in late March of this year. Price action has been working between two parallel downward lines that make up a descending channel (from $468.15 and $436.90).
What is interesting is that the stock recently bounced from the lower side of the descending channel, with the pullback testing the Ichimoku Conversion Line (blue at $442.15). Also, having the Base Line circling just above this line (red at $445.97) offers traders a resistance area to consider bearish scenarios in line with the downtrend.
Also situated near the Conversion Line and Base Line resistance zone is the Ichimoku Cloud between the Leading Span A (light green at $444.06) and the Leading Span B (light orange at $446.90).
Price Direction?
Today’s analysis reveals that Mastercard is demonstrating a bearish stance ahead of earnings tomorrow. The pullback from the lower channel support edge, therefore, may be viewed as a sell-on-rally signal, particularly at the underside of the Conversion Line/Base Line resistance area and the neighbouring Ichimoku Cloud.
1INCH 🦄 Ichimoku Weekly Breakout! | Profits PlanHey guys!
Analyzing past movements, we can see price used to move inside a downwards channel until it broke out from it. But not only that, it broke out and pierced through the Ichimoku Cloud in the weekly timeframe which is huge!
So here's some plan:
1) Condition: -price must breakout from 0.58 towards the upside. After that, it should re-test the zone to give a chance to get into a trade. (DONE)
2) We can set targets 0.90 - 1 dollar mark
3) If price closes above 1.10 we can expect a move towards the following target zone: 1.60 - 1.90
4) For the bears scenario (we must include it even if we feel might not happen at all) Price could fall back into the range and give an awesome opportunity to buy lower even. And a realistic price would be around 0.27 but BEST optimal would be at around 0.20
Let's see how it plays out!
Kina Tip of the Day : My ideas and trades are all for SPOT modality. I don't recommend futures trading unless you really know what you're doing and you're up to get glued into the charts. If you want to live your life and still make money then relax, sit back, analyze and create your own strategy that could be based from another teacher but you must feel connected to it otherwise it won't work in the long run, no matter what you do. So, never give up and keep fighting for independence.
Keep it Shiny! ✨
Kina, The Girly Trader
RACAUSDT 🚀 Inverse Head ShouldersHey guys!
Today I'd like to share a RACA Coin idea. I've spotted an inverse head and shoulders pattern that has formed after a solid downtrend. Confirmation to the bullish upside would be a breakout and re-test of the descending triangle line marked in red and followed by entry trigger dropping into the lower timeframes such as Daily TF.
Confluences:
We need the breakout of the pattern to the upside to confirm bullish reversal. But having this pattern itself after a huge drop, it's pretty awesome!
We've got Ichimoku Cloud breakout on the Weekly TF which signals bulls are taking over still make sure you have a plan to be certain with your confirmations.
Targets are marked in the chart with text:
1) 0.0015
2) 0.0025
3) 0.0070
Stop loss below the cloud or 2 ATR or below swing low. Manage that according to your trading plan and take profits partially as you go hitting the targets.
Let's see how it plays out!
Kina 🚀
Ichimoku Watch: Google Poised to Test Kumo CloudUpcoming Earnings
Alphabet Inc. (ticker: GOOG) is scheduled to report earnings after the market closes on 23 July. The consensus Earnings Per Share (EPS) estimate for the fiscal quarter ending June 2024 is $1.85. The reported EPS for the same quarter a year prior was $1.44.
Price Action Nearing Ichimoku Cloud
The stock is poised to register its first losing month (down -2.2% month to date) following four consecutive winning months. Price action has dipped beneath the Conversion Line (blue at $185.76) and the Base Line (red at $184.47); of note, the former has yet to cross beneath the latter (which can be viewed as a bearish signal).
Price movement also remains below the Lagging Span (dark green at $179.39), a bullish signal, and the stock is nearing the Ichimoku Cloud, which has been in play since the Leading Span A (light green at $185.11) crossed above the Leading Span B (light orange at $179.54) at the beginning of May. The Ichimoku Cloud can offer traders a dynamic support area in uptrends.
Another observation worth highlighting is the support level located within the Ichimoku Cloud at $173.05.
Price Direction?
In light of the visible uptrend, a test of the Ichimoku Cloud could be a factor that prompts buying. Buyers will also likely want to have support tested at $173.05 and also the Conversion Line cross back above the Base Line (by the time the price reaches the Ichimoku Cloud, the Conversion Line would have crossed below the Base Line); traders use an upward crossover as additional strength confirming the Ichimoku Cloud.
Ichimoku Watch: Johnson & Johnson Eyeing Possible Breakout Upcoming Earnings:
Johnson & Johnson (ticker: JNJ) is scheduled to report earnings before the market opens today. The consensus Earnings Per Share (EPS) estimate for the fiscal quarter ending June 2024 is $2.71. The reported EPS for the same quarter last year was $2.80.
Breakout Above Cloud?
The daily chart of Johnson & Johnson shows that this stock has been working with a downtrend since forging an all-time high of $186.69. However, price has struggled to get through $145.00 support since October 2023 and we have recently seen price drive into the upper boundary of the Ichimoku Cloud, made up of the Leading Span B (light orange at $149.30) and the Leading Span A (light green at $147.60). A price break above the upper limit of the Ichimoku Cloud would be considered a bullish signal.
Adding weight to a possible move higher is the Conversion Line (blue at $147.80) crossing above the Base Line (red at $147.50) on 11 July, and price movement trading below its Lagging Span (green at $151.01).
Price Direction?
With the Ichimoku Indicator suggesting a possible breakout higher beyond the Ichimoku Cloud, this could trigger a wave of follow-through buying towards the May top of $154.86.
Mastering Ichimoku Cloud: Predicting Price Movements Like a ProIn this comprehensive video tutorial, I’ll guide you through the process of predicting price movements using the Ichimoku Cloud. Learn how to determine price direction with precision and identify the crucial "doorway" the price must pass through to confirm a trend.
We'll cover:
Understanding the components of the Ichimoku Cloud
Identifying key signals for trend confirmation
Real-life examples to illustrate how price interacts with the cloud
Practical tips for applying Ichimoku Cloud analysis in your trading
Join me as I share my expert insights and provide step-by-step guidance to help you master the Ichimoku Cloud. Don’t forget to like, comment, and subscribe for more trading lessons and strategies. Let's elevate your trading skills together! 🚀💹
Tellor — Ichimoku Signal Indicates 5% Dip!Our algorithms identified a bearish Ichimoku signal for LSE:TRB on the 4H chart. The signal indicates a 4%-5% setback.
Here are the details 👇
TRB printed an Ichimoku signal on the 4H chart. The signal combines various Ichimoku indicators and validates the direction on higher timeframes. As a result, it is considered highly reliable.
Backtest Details 🧐
The signal has solid backtest results. Based on 7 historical signals, TRB dipped over 5% after signals flashed in 72% of their occurrence.
Other Technical Indicators 💹
Trend indicators are mainly bearish, whereas momentum indicators show a mixed picture.
What about the chart 📊
TRB is currently showing an uptrend after forming a bottom in early/mid-June. Therefore, based on the chart, a further price increase is likely. However, the Ichimoku price target perfectly fits the U-shape.
As a result, a possible scenario could be another retest of the U-shape before TRB continues going higher.
Ethereum Name Service Flashes Bullish Ichimoku Signal 👉 Here's What Has Happened
Today, ENS flashed one of the most reliable trade signals: the Ichimoku signal. This signal combines different indicators and validates the trade setup on multiple timeframes. As a result, its win rate usually outperforms many other signals.
ℹ️ Signal Details
The signal flashed on the daily chart and had exceptional backtest results. Although the number of backtest signals is relatively low, the performance is clear: Every time this signal flashed, the price of ENS pumped by more than 10%.
💹 Other Technical Indicators
Most momentum indicators are in the neutral zone and, therefore, support the signal. Many trend indicators have turned bullish.
📉 What about the chart
ENS's 1D chart indicates a potential outbreak above the 27.5 level, which would open the road to this signal's profit target.
TLM ❤️ Still good to enter! Here's why | Ichimoku SPOT TradeHey guys!
Hope you are well! Here's my idea for this coin. TLM is still in a tight range, if you take a look at the bigger picture in the MONTHLY chart we can see this is clearly stuck in a box. So even though Market has been on a frenzy lately with memes coins blowing up, this coin hasn't kicked off at all. Didn't even break the range. HOWEVER, this makes it very attractive for those who missed other trains and are looking for a good coin that's trustworthy and that will pay off the hold.
Per my strategy, here's how I manage buy zones:
1) I need to confirm the range and buying the lowest area of the range which was at about 0.011 -0.015 for this case.
2) We get a 1,2,3 move indicated a shift towards the upside and ideally testing resistance. If we get a reaction or even a retracement back to range, that's our cue to spot and enter the trade.
3) LATE but not least, we get a breakout of the range and go long on the breakout candle OR wait for a retracement to the box if you want to play conservative way.
As per targets, what market gives as long as it keeps trading above the cloud. As simple as that.
GL, all the best.
Kina, The Girly Trader❤️
Xauusd Weekly Analysis (4H time frame)In daily and 4h time frame the xauusd has been in the descending channel. During the past 147 candle of 4H time frame (the past 32days).
It could not reach a higher price level. It has also hit the Ichimoku support zone seven times in daily time frame and we see weakness in its trend.
According to our last week analysis gold exactly hit it's 2368 resistance which was considered as an important range that caused great drop.
This week, we expect gold to make a move to higher levels again and continue its downward movement to the lower levels that we consider.
In case of breaking the range zone of 2321, the gold will definitely reach to the range of 2209-2289_2212.
ATAUSDT 🥁 Rising Channel Buying Opportunity Spotted! Hey guys!
We are in a moment of volatility in the markets, either you risk and go for memes or play it safe and go for patterns that took time build and create so that it would add up extra confluence to our ideas.
1) Buy area has the BUY icon, within this area we can see a rising trendline indicated as the potential zone to buy from, everytime price falls into this range we are given a chance.
2) TARGETS would be simply the top of the channel indicated as a red trendline but I think safe target it's 0.40 so we still very early take this on.
Don't miss this chance because we are in the middle of fear and greed in the markets but remember BTC has been on an uptrend, don't be afraid to buy and hold ♥
Hope you find it useful, any questions are welcome.
Kina Tip of the Day: I suggest you go for the best ideas that make more sense for you instead of taking every single signal you see on telegram or discord. Better make your own choices with good confluence.
Keep it shiny ⭐
Kina, The Girly Trader
Xauusd Weekly Analysis (4H time frame)In the daily time frame xauusd trend is in its downward movement, it is in its support zone (2286) which is a strong support.
After that we expect it to reach to the zones which are mentioned in the chart.
If it loses its support zone (2276), it will definitely reach the 2210 price range.
Ichimoku Watch: SPDR S&P 500 ETF Trust Engaging with SupportDesigned to track the performance of the S&P 500 market index, the SPDR S&P 500 ETF Trust (current AUM is US$529,081.40 million) is engaging with an interesting area of support on the 4h chart after gapping lower on Wednesday. This follows an all-time high forged last week at $534.00.
SPDR Testing Support
The uptrend in this market at the moment is obvious, and traders, therefore, will be seeking locations for dip-buying opportunities.
The Ichimoku Cloud’s upper limit was tested yesterday, currently between $525 and $529 (the difference between the Leading Span A and Leading Span B), and could be enough to encourage buying. This is also the first time the Cloud has been tested since the Leading Span A crossed above the Leading Span B at the beginning of May.
Within the Cloud, there is also a 100% projection ratio at $522.00, which, for many harmonic traders, will be recognised as a potential AB=CD support level. Further to this, a trendline support (from the low of $493.86) is close to this level.
Adding to the above analysis, the Conversion Line appears poised to cross back above the Base Line, which, given the uptrend, would be observed as a bullish signal.
Price Direction Favouring Bulls
The trend in this market and the current support structure suggest that it remains a buyers’ market. Within the Ichimoku Cloud, the AB=CD support and trendline support could provide a floor to which dip-buyers may be drawn.
However, should the Conversion Line cross back above the Base Line prior to testing the above support area, we could see dip-buyers enter this market earlier to challenge all-time highs.