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Ichimoku Cloud

THETA - cypher pattern + ichimoku breakoutthe price formed an inverse butterfly pattern (or cypher pattern)on 4h chart and we can expect some upside if we fix above the ichimoku cloud theta is quite a good project which I honestly personally enjoy and like im invested in it, but this could be a good swing trade expecting at least a 7% let me know what you think about this idea I'm entering the trade if a 4h candle closes above the ichi cloud, just to let you know i want to be transparent so let this be a loss if I'm wrong! let me know if you enjoyed this analysis and feel free to ask for other pairs to analyze in the comments or feel free to message me if you have any questions or ideas to share!
Long
by opop777
Making A Signal In Tradingview Pinescript In Under 20 MinutesHave you ever wanted to combine two technical analysis indicators into a single signal to find your own way of making profit? This video is a tutorial where I take two stock Tradingview Pinescript indicators and combine them into a signal that makes it easier for the user to spot with their eyes when an even occurs on a chart. By following along I hope the viewer can learn the basic process of repeating this for their own research!
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SP:SPXEducation
by norok
26
BTC - WEEKLY - DOJI !WEEKLY (W1) Last week price action did not managed to breakout the clouds on a weekly closing basis for the second time in a row and as a result a DOJI pattern took place which is confirming the indecision and uncertainty I mentioned in my previous analysis published yesterday (see related idea below). The 38.2% Fibonacci retracement @ 46'721 (69'000. - 32'950) has been filled during last week with a peak as you know @ 48'234. The failure to close above the clouds increased the risk for a downside move towards the Mid Bollinger Band , currently slightly below the 44'000 area, @ 43'929. This level is roughly in the middle of the weekly clouds and a failure to hold above it would put the focus to the next important support level which is the TENKAN-SEN @ 41'279 ahead of the bottom of the clouds around the 38'000, area which hold very well in the last couple of weeks in rejecting, several times in a row, the attempting to breakout the weekly bottom clouds support area. (only one weekly closing below the clouds which has been very quickly invalidated by the next candle !) On the UPSIDE , the top of the weekly clouds remains the first significant resistance area to break ahead the VERY IMPORTANT RESISTANCE (PIVOT LEVEL) @ 50'975 which is the KIJUN-SEN and which if broken would confirm a bottom in place and would open the door for higher levels towards the 55'000 area. RSI, neutral @ 52.07 and LAGGING LINE currently testing the top of the weekly clouds... DAILY (D1) Still caught in a relatively narrow trading range moving in a sideways mode. Continue to monitor and watch closely this daily price action which for the time being is oscillating around the daily TENKAN-SEN @ 46239. A failure to hold and close above this level would be the first warning signal, calling for further downside towards the former downtrend line resistance (triangle)around 44'500. the daily Mid Bollinger Band being slightly below @ 44'270. KEY SUPPORT AND PIVOT LEVEL ON A DAILY BASIS IS @ 42'900 RSI @ 60.71 and LAGGING LINE still in a sideways mode. 4 HOURS (H4) Invalidation of the upside breakout of the H4 clouds seen yesterday triggered an EVENING STAR ! Currently still in the middle of the clouds but already below the former uptrend line support which is now around 46'500. Watch on H4 closing basis the following levels : UPSIDE : 46'750 DOWNSIDE : 45'500 1 HOUR (H1) Watch the bottom level of the hourly clouds which is currently @ 45'700 which is the SUPPORT AREA IN H1 TIME FRAME. On the upside, watch MBB @ 46'333 ahead the CLUSTER of TS and KS @ 46'616 Have a nice trading week and all the best Take Care IRONMAN8848 - Jean-Pierre Burki www.tradingview.com
BITSTAMP:BTCUSD
by Ironman8848