Bullish Trend Continuation Idea 🐮 Multi-timeframe Technical Analysis:
D1 Bounced off strongly from key support level that holds the uptrend within the ranging market. Notice that previous support turned into resistance then came back to act as support again.
H4 We can see a clear pierce through the Ichimoku cloud which could potentially signal a reversal and the start of a trend! And coincides with HTF Uptrend as potential continuation for it. Please note there's a trendline that if broken upwards will strongly signal the bullish move upwards but if you wait for that you'll enter at a more higher price so proceed according to your strategy.
Key Areas
Key Support area: 0.4106 - 0.4200 (Potential Entries)
Key Resistance area: 0.6000 - 0.6500 (Potential Targets)
Please make sure to check brokers slippage along with trading fees for you to accommodate if the trading signal is useful for you or not.
Do not risk entire portfolio on a single trade. Remember market is king!
Stay healthy and happy trading!
Ichimokukinkohyo
ichimoku cloud indicates 35K top and rests for a few monthsBitcoin again surprising everyone and breaking upward. Indicators are looking good. It looks like the ichimoku cloud opens up around 35K, which neatly meets the previous low before the capitulation. This looks like a good place to set targets and expect either a pullback or a rest before moving higher. How long this will last isn't clear, but if this is similar to the previous bear/bull flip, expect it to hang in and around the cloud before breaking up.
NIFTYHello and welcome to this analysis
On the daily time frame a Bullish Harmonic Bat is being formed. The PRZ of this pattern also coincides with the Bullish Cloud support of the weekly Ichimoku time frame.
As long as it does not breach below 16900 it could bounce back to 17300 and above that till 17650.
A confirmation of this reversal would be spot sustaining above 17150
All the best
XAGUSD Ichimoku Kinko Hyo AnalysisMonthly:
Kumo flat
Tenkan-sen; Kijun-sen flat
Chiko below candles
Price is under Tenkan-sen, Kijun-sen
No trend Kyushu Ashi
=> Monthly no trend
Weekly:
Senko-span A and B cross
Chiko above candles
Price below Tenkan-sen, Kijin-sen
Bearish Kyushu Ashi => can expect price will be sideway-down until next Kihon Suchi (27 March or 22 May)
Daily:
Kumo down
Kijun-sen, Tenkan-sen flat (Kijun-sen will be down in 10 March)
Chiko below candles
Price is within Tenkan-sen (equalibrium in short term)
Consider to sell when short term equalibrium is broken down and Kijun-sen points down in 9 March
If after 9 March Kijun-sen down but short term equalibrium still remain => wait the price to break the support to sell
AUDCAD Ichimoku Kinko Hyo AnalysisMonthly: Range
Weekly:
Kumo flat
Tenkan-sen down; Kijun-sen flat
Chiko above candles
Bearish Kyushu Ashi
Note: Price will be likely sideway-down until around 24 April 2023
Daily:
Kumo down
Kijun-sen down
Tenkan-sen flat => equalibrium in short-term
Chiko below candles
Bearish Kyushu Ashi => can still continue till 27 March 2023
Conclusion:
Buy signal: not recommend to buy because price can be volatile
Sell signal: when price in Daily break the support (equalibrium in short term is broken) (0.90454) => Tenkan down
Time to RALLY! Don't sleep on this one 🔥Hey guys! Today I'm sharing a nice catch that is still early in the green market we're having in crypto! So this is RALLY a beautiful project and now let me share analysis per Ichimoku Cloud:
1D - It broke through Kumo from below to above which is a strong bullish reversal sign, specially in the long term for the Daily Timeframe! So this is really great news!
4h - Kumo is getting thicker which means the uptrend is getting stronger and acts a support. Kijun-sen has been pretty flat all the way warning about retracements along the way but you can consider these as opportunities to enter and ride the upcoming Daily Timeframe uptrend that's just starting out! Tenkan sen is pretty strong pointing upwards!
1h Our entry trigger timeframe would be here: It hit a resistance from 0.0142 to 0.0159, if we see a breakout from this resistance, you go long! ♥ That would be the safe set up for this!
Happy trading & stay shiny! ✨
VNINDEX Ichimoku Kinko Hyo AnalysisMonthly:
Tenkan-sen; Kijun-sen dead cross
Chiko break candles
Kumo flat
Bearish Kyushu Ashi
Weekly:
Kijun-sen down
Tenkan-sen flat
Chiko below canldes
Candles below Tenkan-sen and Kijun-sen
Daily:
Tenkan-sen; Kijun-sen dead cross
Chiko broke the candles
Price is under Tenkan-sen; Kijun-sen and between forecast line
Ichimoku Analysis MATICClosing above 1.035 could get us to 50% Profit in it. There is a bullish kumo crossover already.