Ichimoku Cloud
Where I see BTC Currently....BTC just managed to put in a nice bounce, at a key level, these are the two paths I see forward.
Red Dashed = Monthly "Bull Line"....we don't want to start closing on 4hr+ TF below this level (if you're a Bull).
Green Dashed = Daily "Bull Line"....This was the "key" level I mentioned above.
Purple Dashed = 1hr "Bull/Bear Line"....This chart shows both, A Bull and Bear version.
All eyes on that 45680 level. I'll be looking to see if we ... Reject Hard... Grind up against... Break through w/conviction etc etc. Losing 45-45.4k and things get sketchy. Losing 44.4k on 4hr+ TF, and 40k likely next stop.
As always, good luck, have fun, practice solid risk management!
GBPAUD continuously uptrend after P wave breakoutComment:
GBPAUD is breaking the Daily resistance at 108972 level. Still uptrending as per below Ichimoku confirmations.
Ichimoku Trend Analysis:
- Kumo (Senko span A and B) is up
- Kijun sen is up
- Tenkan sen is up
- Chiko span above candles
Next Scenario:
The market is heading towards the next resistance level at 1.9533. If it retraces, market could be supported by Tenkan sen and continue to go up.
LATE NIGHT REVIEWS: A Plethora of ChartsIn this video I just quickly go over all the charts we looked at in the stream today and a couple new ones.
Main takeaway is the bullish divergences on the daily chart, the high timeframe channels, and wedges, and the fun rounded-top/scallop chart.
Hope this was helpful, I just wanted to get these charts out without too many tangents or extra analysis that takes away from the charts observations.
Tomorrow we will do a stream where we look at these again, make changes, and then toss a bunch of indicators around.
AUDUSD new downtrend by IchimokuComment:
AUDUSD Daily timeframe shows new downtrend as per below Ichimoku confirmations.
Ichimoku Trend Analysis:
- Kumo (Senko span A and B) flat
- Tenkan sen down
- Kijun sen down
- Chiko span below candles
Next Scenario:
Today's Daily breakout can be a new downtrend on AUDUSD as it was a descending P wave breakout. Initial target is at 0.7222 level.
Nano Ichimoku Cloud Polish CorridorHello!
The Nano|usdt graph is preparing to swim in blood waters!
The middle of the cloud is a super tricky place to trade in. So buckle up and let's see how NANO faces this challenge!
GBPAUD potential P wave breakoutComment:
GBPAUD Daily chart shows a potential P wave breakout.
Ichimoku Trend Analysis:
- Kumo (Senko span A) is up
- Kijun sen is up
- Chiko span above candles
Next Scenario:
Better wait for mid timeframe (H1 or M30) to be uptrend. Target at 1.8972 after P wave breakout.
Ichimoku Keltner Strategy (by Flexa)-INDICES/METALS BacktestingThe pair and the timeframe you see is the winner in the INDICES/METALS category with profit factor criteria
From 4032 results we have for this strategy :
* 1012 results with Profit Factor > 1
* 1002 results with Profit Factor>1 and Sharpe Ratio>0
* 82 results with Profit Factor>1 and Sharpe Ratio>0 and Percent Profitable>50
Using the previous data :
* Best timeframe for all categories : 1m with 46 and 10m with 42 pairs
* Best pair for all categories : BINANCE:ETHUSD with 27 timeframes
* My rating for this strategy is : 2.0337% ranked 3rd from total of 6
Check my posts for all instrument categories
1st (FOREX), 2nd(CRYPTOs) and 3rd(INDICES/METALS)
I will split each strategy backtesting in this manner
I'm talking for strategy :
Ichimoku Keltner Strategy (by Flexa) Oct 19, 2017
I test 29 Forex pairs from FXCM, 51 Crypto Pairs from Binance and 46 CFDs Indices and Metals from OANDA
In total 126 pairs using 32 !!! timeframes
1,2,3,4,5,6,7,8,10,12,15,17,20,24,25,30,45 minutes
1,1-1/2,2,3,4,5,6,7,8,10,12,16,20 hours
1 and 2 Days
In total 4032 results per strategy
I like profit factor and Sharpe ratio as my main guides but also percent profitable does matter
The results of forex were with 1000 contracts, default currency USD and 0.07 USD per order commission
At Cryptos i use 1 contract, default currency USD and no commission because most cryptos are spread based.
At Indices i use the same details as Crypto.
I didn't touch any settings at the strategy for all three ideas (only the backtesting starting day where i maxed out the available data)
I can't post direct links according to house rules, since i love TradingView and i play with their rules.
However my profile links and my signature may help for extensive information.
Ichimoku Keltner Strategy(by Flexa)-CRYPTOs BacktestingThe pair and the timeframe you see is the winner in the CRYPTO category with profit factor criteria
From 4032 results we have for this strategy :
* 1012 results with Profit Factor > 1
* 1002 results with Profit Factor>1 and Sharpe Ratio>0
* 82 results with Profit Factor>1 and Sharpe Ratio>0 and Percent Profitable>50
Using the previous data :
* Best timeframe for all categories : 1m with 46 and 10m with 42 pairs
* Best pair for all categories : BINANCE:ETHUSD with 27 timeframes
* My rating for this strategy is : 2.0337% ranked 3rd from total of 6
Check my posts for all instrument categories
1st (FOREX), 2nd(CRYPTOs) and 3rd(INDICES/METALS)
I will split each strategy backtesting in this manner
I'm talking for strategy :
Ichimoku Keltner Strategy (by Flexa) Oct 19, 2017
I test 29 Forex pairs from FXCM, 51 Crypto Pairs from Binance and 46 CFDs Indices and Metals from OANDA
In total 126 pairs using 32 !!! timeframes
1,2,3,4,5,6,7,8,10,12,15,17,20,24,25,30,45 minutes
1,1-1/2,2,3,4,5,6,7,8,10,12,16,20 hours
1 and 2 Days
In total 4032 results per strategy
I like profit factor and Sharpe ratio as my main guides but also percent profitable does matter
The results of forex were with 1000 contracts, default currency USD and 0.07 USD per order commission
At Cryptos i use 1 contract, default currency USD and no commission because most cryptos are spread based.
At Indices i use the same details as Crypto.
I didn't touch any settings at the strategy for all three ideas (only the backtesting starting day where i maxed out the available data)
I can't post direct links according to house rules, since i love TradingView and i play with their rules.
However my profile links and my signature may help for extensive information.
EURCHF downtrending by IchimokuComment:
EURCHF Daily timeframe shows continuous downtrend as per below Ichimoku confirmations.
Ichimoku Trend Analysis:
- Kumo (Senko span A and B) down
- Kijun sen down
- Tenkan sen down
- Chiko span below candles
Next Scenario:
Market broke the Daily support of 1.0738 level. Market below Tenkan sen shows strong downtrend. Target is at 1.0659 level.
$KWEB hitting monthly Senkou Span BAs said in previous Chinese tech stock analysis, I am looking forward to adding big Chinese tech names during this crisis. In my opinion, the crackdown does not impose long term threat to these massive companies. China treats them as the only child, just beating them up when they get naughty.
$BABA $PDD $JD are my targets. Although they all move together, whichever generates Demark buy signals I will happily add. Next week, I will also watch if they come close to previous low on 27th July, to which I give a very high chance.
When does Ethereum become Bullish?I have gotten this question frequently. When I want to forecast a chart as bullish or bearish I rely on Ichimoku Trend Analysis. There are two basic components that I look for:
0: A basic rule of Ichimoku is that when price is within the Kumo cloud the sentiment is neutral.
1: When price gets above the cloud = Bullish; price below the cloud = Bearish. This is the fundamental basis of Ichimoku Trend Analysis. But there is one more important confirmation tool...
2. Chikou, the "Lagging Span", or sometimes called "Momentum" follows price. It also must get out of the cloud to CONFIRM the trend. This is important for filtering out false breakouts.
When both price and momentum are out of the cloud you have confirmation of a bullish trend. This can happen naturally with time passing as price and momentum move across the cloud from left to right. This can also happen with a fast move to allow momentum to completely clear the cloud.
Research for yourself... go back on a DAILY chart of any instrument and see for yourself how well a true trend relates to the Ichimoku cloud and how when price crosses the cloud Momentum becomes a check to prevent false breakouts.
Tomorrow (Fridays) at 4pm Eastern I will be doing my regular weekly Livestream here on Tradingview. I am going to go through a lesson on this concept using various examples. Be sure to check it out Live to ask questions or it will be recorded for later.
GBPAUD continuously bullish by IchimokuComment:
GBPAUD is continuously bullish as per below Ichimoku confirmations.
Ichimoku Trend Analysis:
- Kumo (Senko span A and B) up
- Kijun sen up
- Tenkan sen up
- Chiko span above candles
Next Scenario:
Market is breaking a key level of 1.8763. Waiting for lower timeframe confirmations for an entry edge. Target at 1.8986 level.
GBPAUD Bullish by IchimokuComment:
GBPAUD Daily timeframe shows a continuous bullish trend as per Ichimoku analysis.
Ichimoku Trend Analysis:
- Kumo (Senko span A and B) up
- Kijun sen up
- Tenkan sen up
- Chiko span above candles
Next Scenario:
The market has been supported by Tenkan sen and bullish on Daily timeframe. Once market breaks a reversal line at 1.8763, next target will be at 1.8986.
EURJPY continuously bearish by IchimokuComment:
EURJPY Daily chart still shows bearish trend as per below Ichimoku confirmations.
Ichimoku Trend Analysis:
- Kumo (Senko span A) down
- Kijun sen down
- Chiko Span below candles
- Candle below Tenkan sen
Next Scenario:
Market has been downtrending resisted by the descending trend line. As long as market is below Tenakn sen, the bearish trend may persist. But if market breaks Tenkan Sen and descending trend line, then no trade.
GBPJPY bearish by IchimokuComment:
GBPJPY Daily timeframe shows a continuously bear trend.
Ichimoku Trend Analysis:
- Kumo (Senko span A and B) down
- Kijun sen down
- Tenkan Sen down
- Kijun sen below candles
Next Scenario:
Market is on a support zone between 149.03 and 148.51 area. Market could bounce from here and retraces back to Kijun sen. Better to wait for a breakout of 148.51 and look for a selling edge.
GBPUSD continuously bearish by IchimokuComment:
GBPUSD Daily timeframe shows downtrend by Ichimoku after breakout of previous support level.
Ichimoku Trend Analysis:
- Kumo (Senko span A and B) down
- Kijun sen down
- Tenkan Sen down
- Chiko Span below candles
Next Scenario:
After breakout of 1.3669 market continues to be bearish down to the next support level of 1.3565.
EURJPY downtrending by IchimokuComment:
EURJPY Daily timeframe shows downtrend by Ichimoku Trend Analysis.
Ichimoku Trend Analysis:
- Kumo (Senko span A and B) down
- Kijun sen down
- Tenkan Sen down
- Chiko Span below candles
Next Scenario:
Market is breaking the previous support at 129.58 level. Also the market has been resisted by Tenkan Sen and continuously bearish. As long as market is below Daily Tenkan Sen, it can reach down to the next support at 128.279 level.
CADJPY bearish by IchimokuComment:
CADJPY H4 is continuously trending down as per below Ichimoku confirmation.
Ichimoku Trend Analysis:
- Kumo (Senko span A and B) down
- Kijun sen down
- Tenkan Sen down
- Chiko Span below candles
Next Scenario:
Market is trending down in H4 and lower timeframes. Initial target is on 86.01 level.
GBPAUD bullish by IchimokuComment:
GBPAUD Daily timeframe shows bullish trend by Ichimoku
Ichimoku Trend Analysis:
- Kumo (Senko span A) up
- Kijun sen up
- Chiko Span above candles
Next Scenario:
Market has been bullish above Tenkan sen. Daily resistance is near at 1.8662 level, better to wait until market breaks the level for buying edge.