Welburg_Trading

Welburg_Trading

Based on the Ichimoku analysis, here’s a trade setup using the 4-hour and daily charts, incorporating Ichimoku Wave and Time Theory: 1. Observations on the Daily Chart: Trend: The price is within the Ichimoku cloud, indicating consolidation or indecision. However, the bullish attempt to break above the cloud suggests upward momentum might develop. Key...

Welburg_Trading

Revised Analysis with Projections 1. Current Ichimoku Cloud (Kumo) Analysis: Kumo Future Projection: The cloud ahead is green, signaling bullish potential. The cloud is flat on the top, indicating possible resistance near 194.9. Support levels sit at 192.9 based on the bottom of the cloud. Price Action: Price is trading near the Kijun-sen (red line) and...

Welburg_Trading

Full BTC/USD 4H Analysis with Projections Key Ichimoku Observations: 1. Tenkan-sen (Blue Line): Flat, indicating short-term indecision. 2. Kijun-sen (Red Line): Also flat, confirming a sideways market. 3. Senkou Span A & B (Kumo/Cloud): The Kumo is thin and slightly bullish (green), suggesting indecision but still supporting a bullish bias. Price remains...

Welburg_Trading

Ichimoku Analysis 1. Price vs. Cloud (Kumo): The price has sharply broken below the Kumo (cloud), confirming a bearish trend. The Senkou Span A (leading green line) is below Senkou Span B (leading red line), showing sustained bearish momentum. 2. Tenkan-Sen (Red Line) vs. Kijun-Sen (Blue Line): A bearish cross (Tenkan-Sen below Kijun-Sen) occurred earlier,...

Welburg_Trading

AUD/USD Chart Analysis and Trade Setup (4H Timeframe) Technical Analysis: 1. Ichimoku Cloud: Price Action: The price is trading below the Kumo Cloud, signaling a bearish bias. Tenkan-Sen (Blue Line) and Kijun-Sen (Red Line): The Tenkan-Sen remains below the Kijun-Sen, which confirms bearish momentum. Cloud Outlook: The future Kumo (to the right) remains red,...

Welburg_Trading

AUD/USD 15-Minute Timeframe Analysis (Bearish Breakout) 1. Current Setup (Bearish Breakout): The AUD/USD pair has broken below the Kumo cloud, signaling bearish momentum and the start of a potential continuation pattern. This breakout represents the initiation of the I wave, with the price now pulling back to test key resistance levels. 2. Pullback to...

Welburg_Trading

EUR/USD Overview (November 10–17, 2024) Over the past week, the EUR/USD pair has experienced a steady decline, hitting a six-month low. This downward movement was influenced by stronger U.S. economic fundamentals and a favorable market reaction to President-elect Trump's pro-business policies, which bolstered the U.S. dollar. European industrial production showed...

Welburg_Trading

The GBP/USD pair today is influenced by mixed technical and fundamental signals. Fundamentally, recent data suggests a softening in the UK's economic outlook, with low growth and high inflation leading the Bank of England (BoE) to keep interest rates steady. Market analysts expect this pause to persist, limiting upward pressure on GBP. Meanwhile, the U.S. dollar...

Welburg_Trading

The pair is trading at a minor support level that is supported by the upward trendline of the 4 hour chart, price is expected to hold within the upward move to the key resistance level, it is worth keeping an eye on the XAUUSD pair to confirm the upward movement, as the mentioned pair is currently in a up trend, and a swing to the down side will confirm the upward...

Welburg_Trading

On the 15 chart the pair has broken the downward channel and at the time of writing it was testing the upper border of the mentioned channel. Our bias on the pair for the day is bullish. Entry was placed at 0.66800 with our stop at 0.66147 and take profit at 0.68151 Good luck and happy trading!!!

Welburg_Trading

The pair managed to break through the previous day high, signaling a continuation of the current bullish trend. Our entry is located at 175.873 with take profit at 177.238. Our stop is placed at 175.873 Good luck and happy trading!!!

Welburg_Trading

Price is trading in a downward channel. Our bias on the pair for today is bearish with a profit target area around 1.33112, our entry is located at 1.33538 with our stap at 1.33780 Good luck and happy trading!!!

Welburg_Trading

On the 4 HR chart price is trading sideways with no clear direction, on the 15 min chart the picture is painting a different story. On the mentioned timeframe price is trading in a downward channel. Our bias for the day is therefore bearish. Price is trading around a key level that is supported by a 61.8 Fib level and after a few failed attempts did not manage to...

Welburg_Trading

Price is currently trading on the up. We can expect a movement up to 0.67878 (Take Profit) if price break and hold above 0.67245 (Entry). Our stop is placed at 0.66930 Good luck and happy trading!!!

Welburg_Trading

Expected trend for the US session is Bullish with confirmation from the Stochastic and MACD that is crossing to bullish. Bullish target is set at 4H major resistance (0.99589) with entry set at 0.98951 and Stop Loss set at 0.98549

Welburg_Trading

After breaking the descending trendline the pair has managed to reach the 61.8 Fib retracement level that is also the 1.00 Fib extension level on the 4 hour timeframe. We expect a pullback of the pair to 14.64191 (61.8 Fib retracement), after reaching that level further growth are expected towards 15.09195 (1.272 Fib extension). Good luck and happy trading!

Welburg_Trading

In the last 30 days the USD traded stronger than the CHF, although, during the last 7 days the CHF managed to turn the boards against the USD and closed the week of in a positive % figure where the dollar closed in the negative. Further decline can be expected towards the .91546 level (61.8 Fib retracement), should the pair manage to reach that level, a turn to...

Welburg_Trading

Price has traded down to the ascending trendline and reversed of it. Our trade suggestion is bullish with 90.337 as a target. Entry can be considered around the 88.974 level and SL are set at 88.320 Good luck and happy trading!!!