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Ichimokukinkohyo

ICHIMOKU WEATHER REPORT: Daily Forecast of Nikkei 225Daily follow-up of the Weekly Forecast. I think it probable that price will continue on its downward trend despite the spike in price after the FED announcement last week. Nikkei tends to follow the direction of the U.S. Indices which also spiked upward after the FED announcement.(Price will most likely test the High of Friday before continuing lower; maybe a period of Ranging price will occur before the definitive downtrend.) Price is below Kumo, Senkou Span B has begun its downward turn, Chikou Span is below the candles and the Tenkan/Kijun Deathcross is present. In addition to the elements of confluence listed above, I have counted the preceding Price, Time and Wave cycles that are the main Pillars of The Ichimoku Indicator and if the counted cycles remain true, Nikkei will continue lower.
JShort
by ICHIMOKUREPORT
1
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
INDEX:ETHUSD
by chukymuc
1
S&P500 Weekly Ichimoku Analysis for Week 2 2023General outlook for SP:SPX 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 FED will tighten the monetary policy further with one or two rate hikes of 25 bps in Q1. Furthermore, QT is running with 90 Trillion per month. This week all FED communication was clearly hawkish with statements that the terminal rate will be up to 5,4% in 2023 and no rate cuts in 2023. I will still act according to "never fight the FED". Therefore, all bullish signs are short-lived and any chance to sell into a rally should be still used. Since mid-December the S&P in a range between 3.900 USD and 3.770 USD. As described above the overall market trend should still be bearish, at least in Q1 and Q2. There the likelihood of a bullish break out over 3.900 USD is quite low in my opinion. In case there is a short-term bullish outbreak, this will be pushed back by the 1-year downward resistance line with sits at around 4.000 USD at the moment. Before this trendline is not broken and switched into support, I will be very cautious on the long side. For next week I expect some volatility due to the inflation number. Especially as the inflation number in France and Germany came out lower than expected this week. Ichimoku analysis My weekly analysis is based on the 1D chart. Lagging Span is below the Price Base line is above Conversion Line Price is within the cloud -> Price ranging Currently Conversion Line, Base Line, and Kumo are flat / ranging 4H Resistance / Support Zone Resistance between 3885 USD and 3900 USD Support between 3785 USD and 3770 USD Long Idea - Price Breaks above cloud resistance at 3960 USD and turns the 1-year downward resistance line into support. In my view, this will not happen in the next 3-4 months. Short Idea - Price Breaks below the cloud and below 4H resistance at 3770 USD I will look for a retest of the support zone. If there is a retest this should be a good short opportunity. Take Profit Target: 3565 USD (around 2022 yearly low) Stop Loss: Above Base line
OANDA:SPX500USDShort
by chukymuc
1
💡Don't miss the great BUY opportunity in XAUUSDIt seems that gold is still in an upward trend. The area shown as a box in the chart is the right area to buy.The numbered blue lines show important support areas whose intersections occur in the buy zone box. Be sure to enter the buy position with the right strategy. And log in if you see purchase signs. Traders, if you like this idea or have your own opinion about it, write in the comments. I will be glad❤️🌹
OANDA:XAUUSDLong
by hamidreza_FX
16
KALA New Drug on the Street Hi Traders We can't say much here! As always history has shown us when a new drug goes on the market we have 3 scenarios: 1 we're going up (green path) 2 the medicine is not good we are going down (red path) 3 we don't know what the medicine is like until many people take it let's go sideways (purple path) with all that is happening at the moment we are following the first scenario the probabilities looks good, but we will see as soon as the index open. Traders, if you liked this idea or if you have your own opinion about it, write in the comments. don't forget to follow me for more news and updates. Thanks for reading!
NASDAQ:KALALong
by GP101
BTC/USD - is BTC still in a downtrend?Let’s have a look at the BTC/USD 1 week chart and see what this chart and indicators are telling us. BTC is still in a massive Falling Wedge Pattern. BTC is also still in a massive Ichimoku Y-Wave pattern. Note that the 50MA is still traveling DOWNWARDS towards the 200MA so we still might see a Death Cross on this 1 week timeframe. At the moment of typing this, BTC has crossed back under its Least Squares Moving Average (LSMA) on this 1 week timeframe. A successful close below the LSMA and successful re-test as resistance will indicate that the direction of travel will most likely continue downwards. BTC is still way under its Bollinger Bands Middle Band Basis 20 Period SMA on this 1 week timeframe. Looking at the Descending Pitchfork Pattern, we can see the Support and Resistance levels that BTC has been hitting on this indicator. Here is a closer look at this 1 week chart: BTC is still in the Bearish Zone of all 3 of its major Ichimoku Clouds. Looking at BTC’s most important Ichimoku Cloud: The Conversion Line (Tenkan Sen) is indicating that mid-point the short-term momentum is downwards at the moment. The Base Line (Kijun Sen) is indicating that the mid-point of the mid-term momentum is sideways at the moment. The Lagging Span (Chikou Span) is indicating that momentum, at the moment is starting to slope downwards. Using the Negative V Calculation from the 1 Month Chart, and using the Ichimoku Timespan Numbers of 65-Bars and 76-Bars starting from the ATH at $68,789.63 back in Nov 2021, we have 2 potential timeframes for the price target $9,916. V Calculation Negative (from 1 month chart) V = B - (C-B) = D C $25,160 - B $17,538 = $7,622 B $17,538 - (C-B) $7,1622 = $9,916 D1 = $9,916 The week of 6th Feb 2023 D2 = $9,916 The week 24th April 2023 Note that this is NOT a bottom for BTC but is a PRICE TARGET using the Ichimoku V Calculation (Negative). Looking at the Up/Down Volume, we can see that the Volume Traded since around June 2021 has been nothing when compared to what has been previously traded in the past. Looking at the Relative Strength Index (RSI) we can see that the RSI is pointing downwards and still has plenty of room to move downwards before becoming Oversold on this 1 week timeframe. Note that the RSI is getting very close to crossing under is 9 Period EMA. From my opinion, before anyone can start talking or preaching about bottoms, reversals and bull-runs, we need to talk about fundamentals and what is happening to the world economy. We also now know that the Crypto world isn’t yet a hedge against inflation and we also need to accept the fact that the world is already in a recession and possibly heading into a depression in 2023. From my opinion BTC is still in a mid to longterm downtrend. That is NOT going to change unless BTC crosses back ABOVE and more importantly CLOSES ABOVE its 200MA on the 1 Day Chart for Mid-Term and 1 Week Chart for Long-Term. If/when this happens, be on the lookout for any successful re-test as support on these timeframes. Once this world wide recession fully bottoms out be it in 6 months, 1 year, 2 years, 5 years or 10 years and when the powers that be have had their fill of transferring wealth from the Middle Class and the Poor to the elites, then true opportunities WILL ARISE for those who are ready. Again this is all my opinion so I hope this post is helpful.
BITSTAMP:BTCUSD
by TradingThroughTheLens
10