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Ichimoku_trader

ICHIMOKU P-WAVE XRP BULLISH SCENARIO BULL MOVE Since a P-Wave is a continuation pattern this is a potential move to the upside between 24-30 cents max before a drop at resistance we've failed multiple times to sustain about 30 cents. If we can get back into 30 cent range and hold we can get a move back into 34-40 cent range. BEAR MOVE Now this is where things get tricky. Even though a P-Wave is a continuation pattern this can change using the ichimoku time and wave theory together. When price falls on an ichimoku cycle number chances of a reversal can happen. The next ichimoku number falls on May 20th. Bearish move will be making lower lows into the 5-8 cent range. Conclusion Looking for price to break clean outside of the P-Wave to determine which direction market with move. These are very strong breaks.
BITSTAMP:XRPUSD
by overflownexus
1
btc longterm analysisHello folks! Today will see the expiry of 49,400 BTC worth of outstanding derivative contracts. This is equivalent to $328 million in Bitcoin open interest. Surely a return to volatility yeah! Let's see tuesday where the market close but I have already an idea... Fans are typically drawn from changes in trend or reversal points such as tops or bottoms and are a good way to measure a market's trend or strength. During an uptrend, if price stays in the space above an ascending angle without breaking below it, the market is considered bullish . During a downtrend, if price remains below a descending angle without breaking above it, the market is considered bearish . It's a powerful indicator and it becomes even more powerful if you combine it with another powerful indicator like Ichimoku I have done a lot of good shorts from the beginning of the month. Let's take a look at the weekly chart with ichimoku >>>>
COINBASE:BTCUSDShort
by Prognosis_genesis
1
btc longterm analysis weekly with IchimokuFurther analysis of monthly chart. We saw that at the start of the month the prices broke the bullish Gann fan trendline (red circle). The prices are below the cloud which means that we are more bearish but we await a confirmation of the Ichimoku lagging span which has already made a first contact with the gann fan bullish trendline (pink circle) . After this first contact we see the price and the lagging span which are recovering in buying force, which is a rather natural reaction with Ichimoku^^ But, the cloud twist (green circle) tells us that there is a high probability that the price move inside a big range. Feeling reinforced by the last two weekly candles (blue circle) (see the closing in a few hours) which make a big wick on the tenkan and the kijun aligned. in this case we will see the lagging span confirm and come out of the cloud so that the prices head towards the bottom of the range (around $3500)
COINBASE:BTCUSDShort
by Prognosis_genesis
GBPNZD Documented Type 1 Trade + 69 Pip PotentialThe above is the documented Type 1 Trade on GBPNZD pursuant to the Gold Method Ichimoku: We had all 4 Horseman aligned and it was a good solid trade to end the week. Allen Since I was sick last week and have not caught up with documenting those trades, I have not filled in the spreadsheet as it is POA to enter data out of order, and done a weekly review. I anticipate being caught up by next week and will make the post accordingly.
Education
by AGold54
EURNZD Post news trade set-up + 100 Pip PotentialWe had a good push down on the NZD Interest Rate decision and this pair has now gone into a consolidation between 1.6941 (High) and 1.6857 (Low). Moreover, it is now below the Daily, 60 and 15 min KS, as well as the 15 cloud. Entry = 1.6920 Stop = 1.6940 Risk = 20 pips Profit target = 1.6820 Reward = 100 Pips RRR = 5-1 Once this trade is up + 20 pips, move your stop to breakeven and let it run. I would appreciate if you leave a comment or like as a thank you. Allen
Short
by AGold54
4
GBPAUD SS Short + 198 Pip PotentialPrice is below the Daily, 60 and 15 KS as well as the cloud. All of our 4 Horseman are aligned. This is a Type 1 trade with a High probability and good RRR. 2 Potential entries. If the PB is triggered first, then the BO entry is cancelled. It is not an add on position. PB Entry = 1.9261 Stop =1.9286 Risk = 25 pips Profit target = 1.9063 ( The daily projected low ) Reward = 198 Pips RRR = 7.92-1 BO Entry = 1.9183 Stop = 1.9208 Risk = 25 pips Profit target = 1.9063 (the daily projected low) Reward = 120 Pips RRR = 4.8 - 1 I would appreciate if you leave a comment or like as a thank you Allen
Short
by AGold54
6
EURAUD Post News Trade Short + 100 Pip PotentialWe had a good push down on the AUD Interest Rate decision and this pair has now gone into a consolidation between 1.64752 (High) and 1.64418 (Low). Moreover, it is now below the 60 and 15 min KS, as well as the 15 cloud. Entry = 1.6474 Stop = 1.6494 Risk = 20 pips Profit target = 1.6374 Reward = 100 Pips RRR = 5-1 Once this trade is up + 20 pips, move your stop to breakeven and let it run. I would appreciate if you leave a comment or like as a thank you Have a great week!! Allen
Short
by AGold54
2
BTCUSD - Chikou Span for the Bullish case, heading into $8550BTC is currently in interesting position. Using Ichimoku system we can trade and take bullish scenario into consideration. If we observe current location of Chikou Span breakout outside the cloud was clear. The bullish can be made with another breakout above $8550 resistance, otherwise Chikou Span will cross inside the price which means prolonged consolidation and bearish scenario (price heading outside the cloud). Uptrend is valid until $7800 zone breaks and Kijun is at $8000 where heavy support is expected. Great market to trade at the moment with a lot of tension from both buyers and sellers.
BITMEX:BTCUSD.PLong
by IchimokuDojoTrading