Tips to identify potential trendsTo identify potential trends with ichimoku you need to look at 5 lines:
-Tenkan sen:Tenkan sen is higher than kijun sen in an uptrend and vice versa
-Kijun sen :Kijun sen is higher than kumo clouds in an uptrend and vice versa, if the price is lower than kijun sen, the market is no longer a potential trend.
-Kumo:The kumo shape is very important, it shows the long term momentum of the market, if the kumo is thin and small then the trend is easy to retrace, if the kumo is wide and long it is a stable trend.
-Chiko span:It is one of the most important lines but everyone ignores it, it shows the current momentum of the market, if the chiko span crosses with the candle then the market is in range because the momentum is at zero.
Example with Xauusd:
-Chiko span on candle
-Price above kijun sen
-Kumo is wide and thick
->So now Xauusd is trending up potential !
Ichimokukinkohyo
💡 Don't miss the great Buy opportunity in AUDCHFHello to all dear ones
It seems that due to the important banking policies of the Australian government, we should see the growth of this currency against other currencies.
what is your opinion? I am very happy if you support me with likes and comments.
💡 Don't miss the great Buy opportunity in AUDUSDHello every one
We are in an extremely supportive area that seems to be difficult to break and I think that we should still wait for the currency to rise against the dollar. what do you think?
A blue box has been drawn, which is the gathering place of 5 support lines (dots), which I have drawn is a very low risk area for buying.
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ICHIMOKU WEATHER REPORT:Weekly forecast of Nikkei 225 This is an update of my forecast of the probable direction in price of Nikkei 225 using the Ichimoku Indicator. GLOBALPRIME:JPN225
LONG Possible Cloud Breakout IncomingAXSUSDT Long ! I suggest spot because it has some very aggressive retracements that could get you stopped out from your position. So spot AXS with targets from 10 upto 14 !
To confirm our strong buy bias we need to see first a breakout of resistance as highlighted in the graphic.
Ichimoku Cloud breakout incoming in the coming days! Wait for all lines pointing upwards before getting in ☁️
Happy trading!
BTC GOING TO 32000$?Although according to the previous analysis, I believed that Bitcoin will fall to 11450 and even lower, but market fluctuations and high energy took Bit to the price of $18,000, so now I believe that the whales took Bitcoin above $18,000 and allowed it to fall further. They did not give and they have manipulated the market. But whatever it is, the new analysis shows that Bitcoin has just started its way, and the candles are breaking the blue trend line, and Chico Span is crossing the Tenken Sen, and we shouldn't wait for the Kijun Sen to break.
I believe that when the blue trend line is broken by the candles, the next move for Bitcoin is to hit the red trend line. But all in all, Bitcoin should reach 50% Fibonacci and the price will continue until 50% Fibonacci equals $32,400. Although there is a weak upward energy in the positive movement of MACD, let us know that this energy is positive and it seems that the beginning of a positive but alive energy is like a bow and arrow that arches itself to shoot up.
💡 Don't miss the great Buy opportunity in USDJPYHello my dears
It seems that we are witnessing the formation of a Flag pattern in the USDJPY chart. I think the possibility that the price will break above the Flag of the chart is very high. What do you think?
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