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Ichimokuforex

Swiss Strength Play - USD/CHF Ichimoku Short Trade SetupThis is the same setup as last week which is already in profit, but I am looking for more chances to get short. We are testing price structure support from last week right now, a break of that will give us another chance to add to our sell, or re-enter. I still have multiple levels I've drawn out where I plan to take partial profit at, and I will leave some of the position to run as long as a bearish trend stays intact. If we fail to break the price structure support we're currently sitting at, then this setup may become invalidated. 
Short
by The808Trader
Aussie Swing Trade - EUR/AUD Ichimoku Sell Trade SetupEUR/AUD is down testing  important price structure support and we have a good possible swing trade on our hands. For those that like to pay more attention to price structure patterns, this does resemble a larger sized head and shoulder pattern. We do have the future kumo twist started to bearish, a bearish TK cross, and chikou span is just shy of breaking through price to the downside. If we do get the break or price structure support with will coincide chikou span getting below and free of price. If we can get that break of price structure and hold below it, I'll enter my short. I've drawn out partial take profit levels on the way to longer term price structure support. If we fail to break support or form and hold a bearish trend, this setup may become invalidated.
Short
by The808Trader
USD Weakness Trade - USD/CHF Ichimoku Short Trade SetupAnother play on possible USD weakness with the FED rate cut being certain. We are near the edge of the kumo and major price structure resistance for this time frame. We already have a bearish kumo twist, chikou span is below price, and we're in a bullish TK cross so confirmations are looking pretty good right now. If we can break and hold below our trigger line we can get short. I've drawn out some partial take profit levels to aim for along the way to the longer term target that I've seen at recent major price structure support. If we fail to break support or form a bearish trend, this setup may become invalidated.
Short
by The808Trader
More USD Strength - Ichimoku EUR/USD Short Trade OpportunityThe combination of good economic data and uncertainty with the EU lead to some boosted US strength last week. I am looking for a drawback to hope on a possible bearish trend continuation. As an alternative entry I will set a sell stop below the previous candles wick to trigger a short, should we break down below price structure support. If their of those scenarios fail to play out, this setup may become invalidated.
Short
by The808Trader
3
USD coming back? - Ichimoku USD/JPY Long Trade SetupWe got an overall rise last week but are having a hard time getting passed some price structure resistance. While signs are shifting to bullish, I want to see that level broken to qualify an entry. This will probably be a good candidate for a buy stop so we don't have to sit and watch it. As an alternative we can also look at entering a buy at a confirmed kumo breakout. I've drawn out some partial take profit levels to aim for if we end up entering, but as always I will let some of my position run as long as the trend remains valid. If we fail to get the break of price structure or the kumo breakout, this setup may become invalidated.
Long
by The808Trader
2
Euro Weakness? - Ichimoku EUR/AUD Short Trade SetupThis pair has been on a really good bearish run, having already been rejected at tenken sen. I am looking for another drawback and rejection to enter a sell, or as an alternative we can enter a sell at a break of previous price structure on the left side of this analysis. I'm aiming for previous price structure lows but as always, I'll keep some of the position running as long as the trend is valid. If we fail to break lower or get a drawback and rejection, this setup may become invalidated.
Short
by The808Trader
NZD over AUD? - Ichimoku NZD/AUD Short Trade SetupThe kiwi has been fighting back across the board but especially against the aussie recently. We are at an important price structure level that if we break, should help the bearish trend continue. I think this will be a good candidate for a sell stop for entry, but as an alternative we could wait for a drawback and rejection at tenken sen to enter a sell. I've drawn some horizontal lines at price structure levels where I'll be taking partial profit at along the way to the longer term target. Per my usual style I adjust the stop loss into profit as this advances, and I leave partial position open even past my long term target, as long as the trend is still valid. If we fail to break lower or get a drawback and rejection, this setup may become invalidated.
Short
by The808Trader
1
Kiwi Strength to Come? - Ichimoku NZD/USD Long Trade SetupThe kiwi rose most of last week, before having a failed kumo breakout attempt. We had a drawback and price held at tenken sen so I am now looking for an opportunity to get long. I've placed an entry near the close of the recent price structure rejection. If we can break that, we should have a good chance of a bullish trend being established and running. I've drawn out my target at previous price structure highs to the left. I've also drawn out partial profit levels at key price structure to aim for along the way. I will leave some of my position to run, as long as it continues to run in profit.
Long
by The808Trader