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The808trader

EUR/USD Ichimoku Support BuysThis pair found support at the kumo last week before breaking back out and rising bullishly. I am looking for an entry for a bullish trend continuation. Ideally if we can get a drop back down and re-test previous resistance I will look for buys for that level to now be acting as support. All other ichimoku confirmations remain bullish as well. If we fail to get a drawback for a good entry, or if support doesn't hold. This setup may become invalidated.
Long
by The808Trader
1
EUR/NZD Bearish Ichimoku Breakout SellsAfter a push up last week this pair finally settled back downward at the edge of the kumo support. We are breakout out bearishly right now so I've set my entry line a little below recent price structure. If we can break that level I'll enter my sells and aim for price structure lows you can see to the left. I've also drawn out a couple partial take profit levels to aim for along the way. If we fail to break price structure support or if our bearish confirmations change, this setup may become invalidated.
Short
by The808Trader
1
Aussie Ichimoku Long SetupThis pair had an attempted kumo breakout and bullish kumo twist before falling back down into the kumo. I am looking for a kumo breakout to confirm an entry for a chance to get long. If we can get that breakout and jump up past our previous resistance we saw last week then this will be one to hold for the week. I've drawn out some partial take profit levels on the way to my overall target. If we fail to get that kumo breakout or if our bullish confirmations change, this setup may become invalidated.
Long
by The808Trader
GBP/USD Ichioku Long AttemptAfter a good bearish run this pair has found some support and is now trying to rebound. We've seen some hard resistance here so I'm looking for a confirmed break of the yellow level to signal a buy for me. If we can hold above that level I've drawn out 2 partial take profit levels on the way to my overall target. If we fail to hold our bullish confirmations or if we fail to break out and hold above our entry line, this setup may become invalidated.
Long
by The808Trader
2
EUR/USD Ready for Longs? - Ichimoku SetupEur/USD has been ranging sideways for a bit now but is starting to look a little bullish here.  We're close to a bullish kumo twist, we have just a bullish TK cross and price is now holding above tenkan sen so far. I am looking for a break above this flat kumo I've drawn the yellow line at for my entry. If we can break above that area then we may get a nice push a bit higher. I've drawn out some price structure targets to take partial profit at along the way to my overall target. If we fail to break above my entry line, or if our bullish confirmations change, this setup may become invalidated. 
Long
by The808Trader
1
AUD/NZD - Ichimoku Long TradeThis pair found some support and had a bullish kumo breakout towards the end of last week. This pair tends to be one that trends pretty well. I'm looking for a breakout above recent price structure highs to enter my long position. I've drawn out a few partial take profit to aim along the way to my overall target at price structure highs. If we fail to breakout and above previous price, or if our trend confirmations change, this setup may become invalidated. 
Long
by The808Trader
A Golden Opportunity - XAU/USD Ichimoku Long TradeGold hit an all time high before falling down and testing support. It's been moving sideways a while now an is finally starting to show some more bullish signs. We've risen up and above the kumo, we're close to a kumo twist, and chikou span has started to rise. These are all beginning signs that we may try to establish another bullish trend. As the second wave of Covid starts to hit accross Europe we may see gold start to push upward again. I'm looking to enter on a break above recent resistance. I've drawn out an overall target of recent price structure highs as well as some partial take profit levels along the way. If we fail to break resistance or if our bullish confirmations change, this setup may become invalidated.
OANDA:XAUUSDLong
by The808Trader
GBP/USD Rebound - Ichimoku Long SetupThis pair finally broke up and beyond the resistance it's been stuck at. We're in a nice bullish trend and I'm looking for a good entry to try and get long. I've drawn out this setup expecting a drawback to test our previous resistance level which could now act as support. When you trade ichimoku the concept is pretty simple, wait for a trend to establish, then look for a good place to get into. From a high level that's all I'm looking to do in all trades, including this one. I've drawn out some partial profit levels to look for if we can indeed get a drawback and good entry. If support fails to hold, or if our bullish confirmations change, this setup may become invalidated.
Long
by The808Trader
EUR/JPY Long Term Ichimoku Short TradeThe Euro has been on a tear fora while now and it may finally be losing some steam here. This pair broke out bearish last week and now I am looking to hop into the bearish trend for as long as it will hold. I've set my entry at what should be close to tenkan sen as I'll be looking for a rejection there to enter the sell. I've drawn out several targets to take partial profit at on the way to my overall target. If we fail to reject at tenkan sen or if our bearish confirmations change, this setup may become invalidated.
Short
by The808Trader
Swiss Fade? USD/CHF Ichimoku Long TradeThis pair has been ranging for a while now and I'm watching to see if we have some upside potential. I want to see price break recent price structure resistant as my trigger to buy as you can see from my entry line in yellow. Overall we have a good risk to reward here but it is a longer term play if it does activate. I've drawn out several partial take profit levels on the way to what would be my overall target. We're close a bullish kumo twist which may help confirm that we are about to try and head higher. If we fail to break the price structure resistance at my entry or if our bullish confirmations change, this setup may become invalidated.
Long
by The808Trader
EUR/USD Ichimoku Long Term ShortThis pair formed a lower high last week before finally crashing through the kumo and closing below it. We are on the verge of a bearish kumo twist, and chikou span is below price with plenty of room down below. I am watching for a break of this recent price structure at the bearish breakout we had to enter my short position. We're at an interesting place here considering how long of a bullish run this pair has been on. It's left plenty of room to the downside should the dollar decide to fight back a little. I've drawn this out as a very long term trade with multiple partial take profit levels to aim for along the way. If we fail to break below price structure support or if our bearish confirmations change, this setup may become invalidated.
Short
by The808Trader
1
GBP/CHF Major Ichimoku Short Opportunity We've been playing around this price awhile now and seem to be pushing back down to test this level one more. If we can break and hold below this price structure level we should get a much further push down. This may happen pretty quick after market open so we'll need to watch it closely. I've drawn out multiple targets on the way to my overall target at a previous kumo twist. If we fail to break lower or if our bearish confirmations change, this setup may become invalidated. 
Short
by The808Trader
NZD/USD Kiwi Shorts - Ichimoku Price Structure SellThe Kiwi has been pushing lower pretty easily since our initial kumo breakout. We are in the middle of a bearish engulfing candle and approaching previous price structure support. If we can break that support then it will confirm our short bias. I've drawn out a couple targets I'll be aiming for. I don't always make this clear, but I wanted to make sure everyone following my analysis knows that I leave some of my position running even past my targets until I see my confirmations change. This is one simple tip you can use to give yourself a slight edge over time if you're a trend trader. If we fail to break and hold below support at the entry I've drawn, then this setup may become invalidated.
Short
by The808Trader
USD/JPY Price Structure Breakout SetupThis 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 through, then come back down to test it as support. We can look for entries based on which style traders are more comfortable with. I've drawn out some partial take profit levels on the way to my overall target. If we fail to break and hold above the entry line I've drawn, then this setup may become invalidated.
Long
by The808Trader
GBP/CHF Bearish BreakoutThis pair shot up a bit last week but since then has been forming lower highs. I am looking for a bearish kumo breakout to coincide with a bearish kumo twist to confirm that it is time to try and push back lower as people rush back to safe havens like the Swiss Frank. I've drawn out some partial take profit levels on the way to my overall target. If we fail to maintain bearish confirmations, or if we fail to break down and hold below the kumo, this setup may become invalidated.
Short
by The808Trader
EUR/USD Long Term Swing TradeThis is a bit of a preemptive look at EUR/USD ahead of a potential bearish move. We are close to a bearish Kumo Twist and chikou span is trying to get below price. I am looking for a bearish kumo breakout as my last confirmation to get short. We have a very long term target I'm looking at but I've drawn out several levels to take partial profit or look to add to the position. It will be interesting to see how this progresses with the effect from Covid-19 and the hits taken by the economy around the world. When considering most of the worlds currency is pegged to the dollar it would make sense that despite the loss of jobs in the US from business closures during this time, it makes sense that the dollar will eventually strengthen again. If we fail to get our bearish breakout, or if our bearish confirmations change, this setup may become invalidated.
Short
by The808Trader
EUR/CHF Ichimoku Short Trade SetupFor this setup I'm looking for a slight push higher to test kijun sen. If we get a rejection I can start to look for sells. All our other confirmations remain bearish right now so we will keep that bias until something changes. I've drawn out some partial take profit levels to aim for on the way to the overall price structure levels you can see on the left side of the chart. If we fail to get a push down off of kijun sen or if our bearish signs change, this setup may become invalidated.
Short
by The808Trader