GBPCAD LongConfluence
1. Conversion line above Base Line which is bullish
2. Price touched conversion line
3. Price in between 50 and 61.8 retracement
4. The price I entered was starting for Fair Value Gap on Daily Chart
Ichimoku_trader
GBPUSD LongConfluence
1. Conversion line crossed above Base line indicating for bullish direction.
2. Price touch Base Line
3. 61.8% Retracement
AUDUSD LongConfluence:
1. Conversion line above Base line indicating for bullish direction.
2. Price Struggled around 61.8 Fib level,
3. Other USD pair also showed a overall USD bearish nature, so went for it.
EURNZD LongConfluence :
1. Conversion line above Base line indicating for bullish direction.
2. Price touch Base Line
3. 50% Retracement co-inside with base line.
4. Cloud is also a support along with Base line.
Overall since ichimoku is bullish crossover recently, I went into this trade.
AUDNZD LongConfluence
1. Conversion line above Base line indicating for bullish direction.
2. Price touch Base Line,
3. Base line and 50% retracement co-inside together.
4. Overall since ichimoku is bullish crossover recently, I went into this trade.
AUDUSD LongConfluence
1. Conversion line above Base line indicating for bullish direction.
2. Price touch Base Line
3. 50% Retracement co-inside with Base line.
4. A higher high and higher low pattern on 1 hour time frame.
GER 30 ShortConfluence
1. Daily Ichimoku Conversion line below the base line indicating for bearish direction.
2. Weekly Ichimoku also suggest bearish nature
2. 61.8% Retracement co-inside with trend line.
3. The situation in the Middle East can get worse which might push stocks down.
NZDCHF ShortConfluence:
1. Conversion line below Base line for bearish direction .
2. 50 % retracement
3. Price almost touches the Senko Span B retest. Slightly below the Base line
4. Level also 50 Day EMA .
Entry just below 50% retracement.
GBPNZD LongConfluence:
Conversion line above Base line indicating for bullish direction.
Price touch Base Line and retraced
50% Retracement co-inside with base line.
Overall since ichimoku is bullish crossover recently, I went into this trade.
EURUSD BuyConversion line Crossed Base line for bullish direction .
RSI is below the 50 so that's risk, however a higher high and higher low is established.
Chikou Span almost below Candle stick, and showing a break to the upside indicating bull potential. This setup is good for trading .
GBPNZD LongConfluence:
Conversion line above Base line indicating for bullish direction.
Price touch Base Line
50% Retracement co-inside with base line.
Just below the 50% retracement , I buy
Below 61.8 % retracement is stoploss
Overall since ichimoku is bullish crossover recently, I went into this trade.
AUDCHF Sell
Confluence:
1. Conversion line below Base line for bearish direction .
2. Price almost touches the base Line retest
3. Level also 50% retracement.
Entry just below 50% retracement.
EURAUD LONGConfluence:
Conversion line above Base line indicating for bullish direction.
Price is below Base Line, which is worrysome.
Price tested the trend line
61.8% Retracement co-inside with trend line together.
Overall since ichimoku is bullish crossover recently, I went into this trade.
GBPAUD LONGConfluence:
Conversion line above Base line indicating for bullish direction.
Price tested Base Line
Base Line and 50% Retracement co-inside together.
Chikou Span almost below Candle stick, and showing a break to the upside indicating bull potential. This setup is good for trading .
EURAUD LongConversion line above Base line indicating for bullish direction.
Price tested Base Line, purchased slightly below the base line.
Base Line and 50% Retracement co-inside together.
Chikou Span above Candle stick, and showing a bull potential.
This setup is good for trading .
EURGBP LongConversion line above Base line indicating for bullish direction.
Price almost tested Base Line
Base Line and 50% Retracement co-inside together.
Chikou Span above Candle stick, and showing a bull potential. This setup is good for trading .
USDCHF ShortConfluence:
1. Conversion line below Base line for bearish direction .
2. Price touches the base Line retest
3. Level also 50% retracement.
Entry just at 50% retracement.
GBPJPY LONGConversion line above Base line indicating for bullish direction.
Price tested Base Line
Base Line and 50% Retracement co-inside together.
Chikou Span almost below Candle stick, and showing a break to the upside indicating bull potential. This setup is good for trading .
EURJPY BuyConversion line Crossed Base line for bullish direction .
RSI is above the 50
Price touches the Conversion Line retest
Chikou Span is above Candle stick,
Slight fear of Japan Govt intervention
XAUUSD ShortIchimoku Analysis
Timeframe : 1D
Conversion line (blue) cross below base line(red) implies sell
price touching base line
Timeframe : 1D
Conversion line (blue) cross below base line(red) implies sell
price touching conversion line
Weekly and daily direction is same
IOTXUSDT 😀 Bullish reversal or double bottom We've got a green market overall as BTC is breaking highs but still we need to be wavy of bull traps!! Specially in alt coins so trade safe and go little by little by areas and taking profits as price goes up.
Here's my unbiased plan:
Bullish reversal scenerario
Confirmation would be when price breaks above 0.01950 then we can look for buy set ups
Target 0.20 to 0.22 area
Bearish correction
Confirmation would be a double top with price unable to break through and bouncing down from 0.0184
Target: 0.016 to 0.015
Let's see how this plays out and be patient for confirmations before pulling the trigger!
Happy trading,
Kina 😀
BTC/USD (H4) Based on IchimokuHey traders,hope you have good time.As you can see in the chart, Bitcoin failed to break above 31600 and the price was rejected. Now, based on Ichimoku and price action, the price can move towards 27800-28200 to accumulate liquidity. If the price has a good reaction on these areas, expect Breaking the 31600 resistance and starting an upward rally to around 38000 is very likely. This is just a personal analysis.
XAUUSD Daily Levels with ICHIMOKU Using the Ichimoku indicator I identified the daily trading levels. If gold is expected to undergo a decline, its first significant support level will be at $1980. If market bears push gold lower, the following critical level will be $1960. If gold experiences an increase, its first significant resistance level will be at $2050, an important price point. This belief that the Federal Reserve is in the process of ending its tightening cycle has led to a decline in the yield of ten-year bonds, followed by a depreciation of the dollar and a strengthening of gold. Aside from that, increased concerns about the occurrence of another recession have led investors to pay more attention to gold, which is considered a safe-haven asset.
