Hello & Welcome to this analysis The outlook has been down from quarterly, monthly, weekly & daily chart study. Its been in a 2 years downtrend, now near a support but yet to give any reversal confirmation. If this level of 700 fails to hold the next major support comes in at 600. Overall its a wait and watch stock even from a bounce back point of view
Hello & welcome to this analysis on India's largest bank A strong uptrend which has recently seen a sideways corrective and the record date announcement of its merger with HDFC LTD could now see it give a strong up move pre-merger. If it manages to hold 1590-1610 then above 1670 it could rally till 1750-1850. Failure to hold 1590 could take it down towards...
Hello and welcome to this analysis UKOIL (Brent Crude) is approaching the PRZ (Potential Reversal Zone) of two bullish harmonic patterns, AB=CD and Gartley near $85. This level also coincides with the monthly Ichimoku Base Line support. The expected rally from the suggested levels could take it towards $115 In case the up-move takes place before completion of...
GJ still in range and it still not reach N target. From my experience, market always reach this target first before pullback. Market also cant break C level as support, so this prediction still valid until it break C. Time analysis also show 57/58 candle is a important thing it maybe reach the higher on next week.
USDJPY is bullish on the 4H timeframe according to Ichimoku. 1. Kumo is thick and angled up 2. Tenkan-Sen and Kijun-Sen are angled up 3. Chikou Span is above the candles 4. Price has cleared recent horizontal resistance. I entered a long position at the break of horizontal resistance. I am holding with a target price of 128.959 as this is the Ichimoku V price...
GBPCAD will continue uptrend but its look more spikey and hard to capture it. so, this is my analysis with the TP using Ichimoku price theory. From my view, market continue because its make a big retracement on monthly so it will continue downtrend after it reach the target.
It has activated a Bullish C Clamp as per Ichimoku in daily time frame suggesting further up move till 1400 as long as it does not breach 1330
DOT has risen 700%+ since December and had a pretty solid bounce off of the $40 mark back downward since mid-late February. As it winds it way back down toward the Kumo, it will run into some weak support around the Tenkan Sen (Red) and the Kijun Sen (Blue) with more solid support holding up around the $29 mark. I would expect DOT to potentially bounce at $29...
This pair is attempting to start a bullish trend but has been struggling to break through the price structure we can see just left of where price is currently at. It failed to break through the kumo there in the past so I really want to see that level broken to consider a long. Typically when we do break through a level like that we will see a push up and...
Note I don't trade Bitcoin but It's interesting how Ichimoku, even thou it was created in the 1930's still applies today. In a market where at the time would of been a lucid dream or believed to not be possible. This analysis isn't all what Ichimoku "system/philosophy" has to offer but some basics could help you read a market better when trading your own...