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Ichimokuforex

EUR-USD (Daily - Sanjaku Kouten)To gain experience with Forex. I thought it would be nice to do an analysis on EUR-USD. A pair i want to trade in the future. I spotted Sanjaku Kouten according to Ichimoku confirmations: 1. Tenken San - Kijun Sen cross 2. Chiko Span candle breakout 3. Kumo breakout Sanjaku Kouten is a powerfull bullish signal. One thing for concern is that Kumo has not twisted jet. In this condition Kumo breakout could be fake. So to be safe, wait for Kumo twist. Only then look for buy chance. Please advise me if you have a comment. I would like to learn :)
Long
by Galactus2000
9
BTC - Liquidation Across the NationAs many of you know, massive liquidations happened this morning for leveraged traders, according to bybt over 1,000,000 traders got liquidated. BTC was in an ascending wedge pattern which i completely missed, an ascending wedge pattern is a bearish pattern. Today is a crucial day to see where BTC closes this daily candle. BTC is still in the Bullish Zone of the Ichimoku Cloud. The Ichimoku Cloud Lagging Span (Chikou Span) is indicating momentum is down and notice the indicator under the price from 30 periods ago. At the moment of typing this, BTC is below its 50EMA. BTC needs to eventually close a daily candle above this level. BTC is below its Ichimoku Cloud Conversion Line (Tenkan Sen). BTC needs to eventually close a daily candle above this level. BTC is below its Bollinger Bands Middle Band Basis which is a 20 Period SMA. At the moment, BTC has found support from its Ichimoku Cloud Base Line (Kijun Sen). Ideally we need BTC to close this daily candle above this level. At the moment BTC is fighting to stay above the Accumulation/Distribution Line of the Chaikin Money Flow (CMF). The ADX DI SMA is indicating negative momentum has taken over with the -DI (Red Line) at 29.20 above its +DI (Green Line) which is at 18.1. The ADX (Yellow Line) is at 23.89 above its 10 Period SMA (White Line) which is at 21.13. Ideally we need BTC to Close above its Base Line (Kijun Sen) and eventually the 50EMA. So is this the end as some people on this platform are saying……. No it’s not the end. BTC is still in a longterm uptrend. For a longterm Bearish Trend to take over, BTC would need to Cross under its Leading Span A (Senkou Span A) support level, the Equilibrium Zone, the Leading Span B (Senkou Span B) support level and then cross & close a daily candle into the Bearish Zone on the 1 day, 2 day, 4 day ec ect timeframes for such sentiment to be true. I wouldn’t be surprised if we see a headline next week that MicroStrategy or some other big player has accumulated more BTC during this dip. If in doubt, wait to see where this daily candle closes, because remember, if you’re longterm, its where the candle closes that’s really important ,not where it wicks to. I hope this is helpful & stay away from leverage unless you know what your doing 👍
BITSTAMP:BTCUSD
by TradingThroughTheLens
78
AUS/JPY descent through diagonal support, going bearish?Hi. Plotted on the 1D chart is a diagonal support line. It has recently been broken. On it I've also pointed out the near crossing of the Ichimoku conversion line and base line. The MACD is also turning away from its signal line in a downward direction and if the trend continues is will also soon pass the top line of the Williams. In the 4h chart the MACD and WIlliams is not as indicative of a downturn but instead the Ichimoku shows a recent crossing into a red cloud which is indicative. Thank you. Please, if you have any thoughts or comments do leave them below and I would gladly discuss or adjust my interpretations and methods with you. This does not constitute financial advice. Any projected prices, even if explicitly stated, are made with intent to discuss the symbol and potential interpretations. Any trades shown or mentioned are examples and neither recommendations or mandates.
Short
by Kabeldon
EURNZD Long in Short-term!Trend Magic has changed color in the short term and this is a sign of money entering the market. Also, the price is above the Trend Magic line! It seems that with a significant increase in trading volume in areas that are above the resistance and the reluctance of traders to trade below the resistance line, there is a high chance that the red resistance line will be broken. We will probably have at least a significant correction in a few days if we do not change the trend. Crossing the Ichimoku cloud is also a good sign to enter the market, although the Ichimoku lines have been horizontal, which reinforces the correction hypothesis. Considering the natural risks, we open a buy position. Personally, I hold the position until the yellow line is touched, but if I see a serious change in the market momentum, I will close the deal! The red highlighted area, regarding it's great history of resistance and support, which is also consistent with our long-term magic trend's yellow line, could be a good target for our trade. Do not forget the principles of capital management!
Long
by AliSignals
Brent - BullRunPotential correction at fibb 61.8% After correction price can still follow the trend Trend: UP Ichimoku: UP Stoch: After overbought for more: www.invesery.com Last news: vesting.com -- Crude oil prices weakened Thursday amid concerns about fuel demand as the pandemic continues after U.S. inventories posted an unexpected rise last week. By 9:45 AM ET (1445 GMT), U.S. Crude futures were down 0.6% at $52.97 a barrel, while Brent futures were down 0.5% at $55.79 a barrel. U.S. Gasoline RBOB Futures were down 0.8% at $1.5315 a gallon. Data released late Wednesdy by the industry group, the American Petroleum Institute showed that {{8849|U.S. crcrude oil inventories rose 2.6 million barrels in the week to Jan. 15, against expectations for a 300,000-barrel draw in forecasts prepared by Investing.com. The U.S. Energy Information Administration is due to release its official weekly inventory report on Friday, later than usual due to Monday’s holiday. If these numbers show a similar crude oil build, it would be the first since early December. Weighing on the market is the fear that the surge of Covid-19 cases is having a direct impact on the demand for crude oil, not only in the U.S. but also around the globe. Earlier this week the International Energy Agency, a Paris-based autonomous intergovernmental organization, revised lower its global demand estimates for the year by 300,000 barrels a day as a result of a fresh wave of lockdowns, particularly in China, the largest importer of crude in the world. “The most recent has been in Beijing, specifically the Daxing district, which has affected around 1.6m people,” said analysts at ING, in a research note. “The government will be keen to get any outbreaks under control, particularly with the Chinese New Year fast approaching.” On the supply side, newly inaugurated President Joe Biden has announced his decision to cancel the Keystone XL pipeline project, which would have carried more than 800,000 barrels a day of crude from Alberta’s oil sands in Canada as far south as the U.S. Gulf Coast. Additionally, ING noted that Shell (LON:RDSa) has lifted force majeure on exports of Forcados crude from Nigeria, a measure which had been in place since Jan. 14, after the pipeline to the Forcados oil terminal was shut due to a leak.
OLong
by Lafoks
Testing the uptrend in the Euro Dollar IchimokuIn the Euro Dollar, we have an upward movement that started in March of last year (2020), the upward trend was confirmed, after the price will bounce off the thin cloud that served as support. It should not be a secret for anyone to understand that the Ichimoku shows 3 levels of support / resistance that must be broken before being able to indicate that there has been a change in the trend, and that is perhaps what displeases this indicator the most, since it is loses much of the start of the trend. What are those 3 support / resistance levels? 1- The Tenkan Sen, weak support / resistance level. 2- The Kijun Sen, medium support / resistance level. 3- The cloud, strong support / resistance level. A trend undergoes several tests before changing, a minimum of 2 times, in others much more. That is why we are currently at an important moment for this pair, since depending on the behavior of the price in the cloud, a third upward push may come that could lead the pair to try to break the previous maximum that was 1.2555 or simply occur a change in trend from bullish to bearish. From the Ichimoku point of view, the next week should be bearish for this pair, as the Chikou Span (CS) has just cut down on the price with a strong bearish candle, so we are in a strongly bearish moment in the Short term, in the medium term, it is possible that the downward movement will be confirmed if the Tenkan Sen (TS) cuts down the Kijun Sen (KS), it is currently higher. For its part, in the long term, a range is being indicated, this because the movement was bullish and right now it is in a correction that could end in a consolidation or change of the movement.
Short
by JeanCarloGarciaQ
2
ichimoku cloud- Part 1 just talking about iichimoku base skip from how this japanese indicator will calculate and focusing on how we can use this powerful indicator sorry 1- let to consider base line (BL) and convention line(CL) are EMA, BL is fast and CL is slow. so all the rules of EMA's are applicable for these lines also. 2- lagging line (LL) is a line chart just 26 candle back. i mean if you see the chart in line chart mode it will plot a line for you, now shift it for 26 candle back so you have LL. lagging 3- the color of the cloud is not important just take long above the cloude and take below the cloud. 4- just whach when the price is inside the cloud. the first simple strategy is here, now let to backtest.....
FX:XAUUSD
by MohSalehian