4h
USD/JPY USD/JPY
Time frame:4H
well,i use in this technical analys the ict systems and fibo
we see that blocks on 4h time frame ,there are mitigation blocks that the price retested every time ,
Also,we will wait for a retest of the area between 133.800 and 134.134 ,
If he could penetrate that area with a volume , we can reached the second goal 136.500 ,
otherwise we will comeback to area between 128.000 and 127.500
This analysis remains my own analysis and not investment advice
USDJPY Short ideaW can see price is trading nicely below the 200EMA and within the channel on the 4H. With the collapse of the US economy and slow death of the USD, would be a nice 1 to hold for the long run and more entries on pullbacks, but for now:
Entry 130.00 - 130.336
SL: 131.500 ( a bit above the resistance zone)
TP1: 129.700
TP2: 129.250
TP3: 128.920
TP4: Open
ETHUSD - Overbought - Bearish DivergenceOn the 4h-timeframe (left chart) chart of Ethereum (ETHUSD) we can see bearish regular divergence has appeared. Divergence is a strong indication that the price will move in the opposite direction. This chart is showing that it is likely for the price to drop.
On the 1d-timeframe (right chart) of Ethereum (ETHUSD) we can see an overbought condition. The three indicators are all suggesting this condition and it is likely for the price to drop. The three indicators used are the Bollinger Bands, RSI, and the Stochastics.
There are two indications on different timeframes and are complementary to each other and suggest that the price will drop.
All further details are shown on the charts.
Good luck!
ETHUSD Ichimoku 4H Szenarios Week 1 2023Here is my weekly 4H INDEX:ETHUSD Ichimoku Analysis for Week 1.
General outlook
The overall market trend is still downwards and I expect that we will see more in Q1 downward pressure due to adjustment of earnings and the higher and higher possibility of, at least, a mild recession in the US and EU.
The Crypto market will be also pointing further downwards as the stock and crypto markets are still highly correlated.
Ichimoku analysis
My weekly analysis is based on the 4H chart.
Lagging Span is above Price and Cloud
Conversion Line crossed Base Line
Price is above the cloud
Currently Conversion Line, Base Line, and Kumo are flat / ranging
Currently no green Kumo twist
4H Resistance / Support Zone
Resistance between 1225 USD and 1232 USD
Support between 1185 USD and 1180 USD
Long Idea - When the resistance zone at 1230 USD turns to support, Kumo twist happens and Cloud + Base Line points upwards
Take Profit Target: 1280 USD
Stop Loss: Below Base Line
Short Idea - When Kumo cloud support at 1200 USD is broken and retested, and the price is below Cloud + Base Line pointing downwards
Take Profit Target 2: 1150 USD
Stop Loss: Above Cloud
BTC 4H - Next MoveChart is obvious and short term supports and resistances are appointed.
The $16600 support is broken and I'm in a short position already by stop loss around $16800.
In the short term $15600 is expected!
Things you might like:
- Trend Key Points Indicator have been used to draw important key levels and key points.
- Strong Trading Strategy , Do not trust all the pin bars
- You can use Big Moves Indicator to be aware of major moves on the chart by marking them and getting alert for them.
I speak the occult (just sell)Hello to all friends !
The opposite chart shows a head and shoulders pattern, which of course is better seen in the daily time frame.
Based on this pattern and the negative divergence of the ao indicator, it is clear that the price of gold will drop to $1670.
So be careful not to get hurt.
Don't forget to like...
Channel continuation or Trading Range?Market's atmosphere is good and we can have more upward movements in coming days.
If it is fail , it is more likely to have some trading ranges after a little correction for a few days!
Strong Bearish Bo at current point will increase the chance of falling down!
Do not enter until it is completely clear for you!!
CHZUSDT - LONG - ADAM & EVE Hello Hello Traders .
By looking at the charts we can see an Adam & Eve pattern. A lesser known bullish reversal pattern is Adam & Eve double bottom. The pattern usually followed with a large up swing or trend higher after its second eve bottom. In this particular case the Adam & Eve pattern can also be considered as an ascending triangle pattern.
For the entry of this trade you should wait until the price breaks out on the upside of the pattern. After this happened the target could be targeted.
All further details are shown on the chart.
Make big profits.
Good Luck .
GBPUSD long position Hello
There might be a long position on GBPUSD as the policy makers at central bank agreed to slow down the pace of interest hike so fundamentally we could have a bullish signal. other upside signals are:
2. Daily TL breakout
3. R2 (Traditional) Monthly Pivot breakout
4. 4h Trend Line
5. EMA 20,50,100 & SMA 200 upside
Please consider risk riward ratio and do not forget to set a stop loss
SUSHIUSD - Long - Ascending triangleOn the chart we can see a ascending triangle appearing. An ascending triangle is a bullish pattern. Enter the trade once the price breaks out to the upside.
Beside the pattern we can see that the RSI is picking up more and more momentum. So the pattern combined with the increasing momentum it´s likely that the price will go up.
All the details are shown on the chart.
Goodluck!
Gold 4hr analysisGold formed a double top on 6 October, if you go further back in my charts you will see I highlighting that. As I have said, the market moves in 3 levels most times. And on the 4hr it has made 3 intraday levels down from last week.
If you look at the yellow box support, the price should go back down to test this structure. This is a very dangerous zone, because on the daily chart, we have made 3 levels down from the second leg of a massive double top on the 19th of April , and as the picture paints, I predict a very strong double bottom formation on the daily as well as on the 4hr. So I am in a small sell now, down to that zone, and then I will wait for confirmation of the buy from the zone, and buy it back up
So flip into the daily, give it a look and let me know if you see what I see.