AshleyWeyers

AshleyWeyers

All daily signals are bullish On close of H4 above Kumo:- 1.) Price above cloud and KS 2.) Future Kumo bullish 3.) Upward trend 4.) RSI above 50 D is confluence of CD leg = AB. Would be coming off a rising wedge. Is the 1.272 extension of AB leg Is at the Monthly R3 level Good risk to reward ratio. May have resistance at 1.07361 which is strong daily fractal...

AshleyWeyers

If support zone holds at (C), that is a confluence of fractal support, weekly pivot (R3) and .50 retracement from the swing high at (B). All indicators are bullish. Price could then move up to 146.544, this is the 1.272 extension from (A). Wait for confirmation of support. This would also be the completion of an ABCD pattern

AshleyWeyers

Clear downtrend on D1. Price has come off strong resistance at 0.90. Price is below cloud, Kijun Sen is below cloud, but price is above KS. Kumo twist is bearish RSI Below 50 If bearish fractal is formed off bounce from Kumo can look to short to 0.88280 as first target with SL at 0.89432 which is almost a 3:1 risk reward ratio. If price breaks fractal level...

AshleyWeyers

All indicators are bullish D1 also Bullish. Has been range bound since 12 December. Wait for close on H4 above R1. R1 Would then be support, so a tight stop can be used.

AshleyWeyers

This is an interesting one. All the indicators are short, price closed below cloud, Chikou span below price, kumo twist bearish. BUT. The price is far from the kijun. When the kijun is flat price is coming back. Because the kumo rises so sharply here, I think the price will retrace to test the resistance bottom of the kumo at 78.00 and align with the kijun. If...

AshleyWeyers

Price is in a descending channel at the moment. The descending channel coincides with monthly Kumo resistance at 1.67452. Price was soundly rejected at his level. Price will likely come back to test daily Kijun support at 1.65251. This is also the top of the 4H Kumo. If this breaks then there is a strong probability of price going through the Kumo as it will be...

AshleyWeyers

Patience is needed here. There is daily Kumo support at 1.3072 and daily shadow Kumo support at 1.30058. There are lower highs, but these are getting squeezed against the support at 1.30058. The Kumo top is dropping. Chikou Span is above price, but will meet resistance at the Kumo. The sudden narrowing of the Kumo means that volatility is reducing. The...

AshleyWeyers

Candle looks like spinning top. Resistance at 1.68000. Chinkou has entered cloud and looks to be flattening. After strong break from Kumo price needs to test support of Kumo Price is far from Kijun on 4H, when the Kijun is flat, price is coming back. Strong probability this retraces back to 1.65150 area as that is the 50% fib retracement, top of the kumo at...

AshleyWeyers

Price has bounced off the Monthly Kumo Resistence and the Daily Kijun @ 0.88720 It has also moved very far from the Kijun on the 4H. It should retrace back to 0.87800

AshleyWeyers

Price closed below the .382 retracement from the previous high on the 26 June. There is a long wick above the candle to the .382 retracement (Bearish) and the next candle is short down to the Kijun. If price closes below the Kijun, the next support is 1.16952 which is monthly shadow support from the bottom of the monthly Kumo. Below that we test the fractal...

AshleyWeyers

Price has come off the 61.8% resistance @ 0.9250. Still favor down leg to 0.90220 which is the top of the Kumo on the monthly chart.

AshleyWeyers

If the price does not hold below the 4H Kijun, then the next resistance is at 1302 which is the daily Kijun and 50% retracement from the low at 1180 on the daily chart and the bottom of the 4H Kumo. Short to medium I think the price will target 1155 which is the 61.8% Fibonacci retracement from October 2008.

AshleyWeyers

Price is at 1.30000. This is the bottom of the Daily Kumo. If the price action closes below this, the next strong support is 1.28270 which is the bottom of the Monthly Kumo. Alternatively this could be support for a bit of a rally.

AshleyWeyers

Price above the cloud. Kumo twist long Chinkou above price Price holding on Kumo support D1 indicators are also long If price closes above Kumo pn next H4 candle, then go long at about 1.45184 SL 1.44916 TP at 1.46124 3.51 Reward to risk

AshleyWeyers

Blue trend line has not plotted correctly, which is why I closed it. Price is ranging between 1.31221 and 1.30467 The sloping blue line is the bottom of the Kumo from D1. Indicators on D1 are mixed, but price is below the cloud. The Tenkan and Kijun on H4 have gone flat which is another indicator of ranging. As the price ranges it will pick up more resistance...

AshleyWeyers

Please ignore blue trend line it has not plotted correctly from publishing. should be higher as in snapshot. Price is ranging between 1.31221 and 1.30467 The sloping blue line is the bottom of the Kumo from D1. Indicators on D1 are mixed, but price is below the cloud. The Tenkan and Kijun on H4 have gone flat which is another indicator of ranging. As the price...

AshleyWeyers

All the indicators on D1 are bullish On H4 price is above the cloud, Chikou is above cloud and price, Kumo twist is bullish Price has retraced to Support at 1.04920, which is the 38.2 Fib retracement from the high at 1.05813 and is a fractal support level from previous high. There is also underlying Kijun support at 1.04804 Go long from here SL just below...

AshleyWeyers

Price has broken down through the Fractal support at 0.92911. Price below the cloud, TK Cross short, Chikou below price and cloud Price on D1 is in the cloud, but poised to break through Kumo floor at 0.92418. It is currently on the Weekly Kumo Shadow Support and Floor price at 0.92679. If it breaks through these to levels and closes below 0.92542, it should...