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Ichimoku Cloud

GBPJPY under temporary retracement by IchimokuGBPJPY Daily chart shows the market is under retracement as below Ichimoku confirmations. - Kumo (Senko span B) flat) - Kijun sen flat However the market is still in bullish momentum as below. - Thick bullish Kumo - Tenkan sen is still up - Chiko span above the candles Below is the next possible scenarios. 1. If market will be supported by the trend line, it could break the previous Doji high and reach up to 153.00. 2. If market breaks the support line and Tenkan sen, it could go down back to Kijun sen at 148.1 level.
Long
by ForexKei-Official
2
Ichimoku entry XRAYthis one's a little weird on the ichimoku front, as the base and conversion lines shared values ever since earnings, but it does count as a cross when it popped over today. Meanwhile there's a lot to like about this chart; nice boost after earnings that persisted without giving back ground, and now momentum is building behind it (i think this is what Ichi is finding here). So if not a pop, it looks like most likely we'll see steady upward creep, which we don't mind harvesting for a few days. We'll hope to get out around $64
NASDAQ:XRAYLong
by ragnarok628
Gold shows temporary retracenment by IchimokuGold Daily chart shows a temporary retracement by below Ichimoku confirmations. - Kumo (Senko span A and B) flat - Kijun sen flat - Tenkan sen flat Chiko span is below the candles so the momentum is still bearish. Below are the next possible scenarios. 1. Price will be resisted by the trend line and continues to go down 2. Price will be resisted by Kijun sen and continues to go down However, if market breaks the Kijun sen, Chiko span could touch the candles and the market will be in a range.
OANDA:XAUUSDShort
by ForexKei-Official
1
BTCUSD - H1/M15 - ONGOING CORRECTIVE MOVE IN PROGRESS !H1 : The expected Head and Shoulders formation mentioned in my yesterday's analysis failed !! As mentioned in my previous D1/H4 analysis, it it likely to see some correction after the rally seen recently. The ongoing expected move is under way calling for a move towards the former high @ 52652 which was the former resistance and becomes now the new first significant support level. A breakout of that level would put the focus on MBB, currently @ 52161 and KS @ 51908 M15 : Looking at the latest development, we can clearly see the uptrend line support (in green) which coincides, currently, also with the clouds support zone and also with the first Fibonacci retracement, 38.2 % @ 52516. Interesting to note that the 50 % Fib ret is also the bottom of the clouds Watch carefully ongoing price action over the coming period (s) Have a nice trading day All the best Take care
BITSTAMP:BTCUSD
by Ironman8848
1