GBPCAD Ichimoku Kinko Hyo AnalysisDaily:
Kumo flat
Tenkan Kijun flat
Chiko above candles
H4:
Kumo down (Kumo quite thick)
Kijun down
Tenkan flat
Chiko below candles
=>Take H4 to trade
Price is in daily bearish Kyushu Ashi
price mostly likely will down or sideway until next Kihon Suchi (30 Dec 2022)
Entry in LTF if price break the short-term range
Ichimokukinkohyo
TESLAHello & welcome to this analysis
In the monthly time frame we can see the stock has broken and continues to trade below the Ichimoku Base line support, suggesting a likely test of the Ichimoku clouds in the coming months.
In the weekly we can see a Head & Shoulder formation with the right shoulder withing a parallel channel. Sustaining below $205 (weekly) this could break all the way down to $150 before any relief / value buying comes in.
Short term bounces here there might come due to oversold zones, but overall structure has become very bearish for the medium term.
eur/usd Someone is Fishing in the OceanWhen the candles go from big to small (trading volume) then something big is coming...
the chart shows that it is going down..
if the price closes below the strong support (after resistance) then some will make a nice bonus for the holidays..
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S&P500 - 1 Day Chart - Short Price Target of $2,880S&P500 1 Day Chart:
Short Price Target
V Calculation Negative
V = B - (C-B) = D
C $4,102 - B $3,491 = $611
B $3,491 - (C-B) $611 = $2,880 Price Target
Ichimoku Timespan:
A to B = 41-Bars (42-1)
B to C = 34-Bars (33+1)
C to D = 75-Bars (76-1) (41+34=75) Wednesday 22nd March 2023
Notes:
The Ichimoku Conversion Line (Tenkan Sen) looks like it is about to cross back under the Ichimoku Base Line (Kijun Sen) on this 1 day timeframe.
The Ichimoku Lagging Span (Chikou Span) looks like it is about to drop under the price from 26 Periods ago.
Note that the Leading Span A (Senkou Span A) and Leading Span B (Senkou Span B) support is very thin where the S&P500 Price is located at the moment.
We have a Double Top at the 50% Fib Level $4,102 which is located around C of our Ichimoku V Calculation.
The S&P500 Price is under its Bollinger Bands Basis 20 Period SMA and we have expansion of the Upper and Lower Bands and this is for negative momentum.
The S&P500 Price is also under its Volume Profile Visible Range Point of Control (VPVR POC) for this charts Visible Range.
Looking at the Moving Average Convergence Divergence (MACD) indicator, Momentum is downwards and we can see that the MACD Line is still under its Signal Line and is getting very close to the 0.0 Base Line.
From my opinion, analysing all the above indicators it's looking very likely that we will see the Price Target of $2,880. This will also be fully confirmed when/if the Leading Span A (Senkou Span A) crosses back under the Leading Span B (Senkou Span B) creating a Kumo Twist into a Bearish Red Cloud on this 1 day timeframe.
I hope this is helpful.
BNB/USDHello friends
Today we will see BNB/USD
We don't seem to have much traffic at the moment the price is stuck at the specific point of 282-284. Price should break 286-287 and go ahead to break 293 and hold 300 to be able to make a higher high
otherwise it will make 279-273 easy and we might see 270 as well and if he can't keep it we will see 260 or even lower low. I suggest that we do nothing for now
until we see some trend-volume on the charts .
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Lower low : If the price of a security closes at a lower price than it did at the close of the previous day, which was also a low, then it is referred to as a lower low.
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Why BTC Can Revisit 18.5kHello traders, this week we've seen a change in momentum for BTC.
In my analysis I combine some basic ICT concepts with Ichimoku. This is a swing-trade type setup.
Observe the 4H timeframe :
After a major drop in price, BTC began consolidating since the beginning of November. Note the overlapping and flat behavior of the TK (blue), KS (pink), and Chikou-span (yellow) line.
This week we've seen the shift in momentum with the TK line turning upward and crossing the KJ line, hinting a shift of short-term momentum.
During the drop BTC created a liquidity void, providing a pool of liquidity for BTC to return back to. I believe we are beginning to see the return to this area before a continuation downward.
The real liquidity appears to lie around the 18.9k area, but with an ICT order block creating resistance around 18.5k the more conservative target would be the order block.
I am anticipating a breakout to the upside above the cloud and a re-test before a move up to complete the "pattern".
On the daily timeframe we can see this is a return to the KJ line. All lines have gone flat - if you study Ichimoku you would know that not only does this tell us that BTC has obviously been consolidating with sideways price action, but also that
We have a greater chance of price returning to the KS line which happens to be confluent with our order block area.
When the TK and KS line are abnormally this far apart, this also frequently signals a high probability for a pull back to KS line (equilibrium).
Not financial advice. All the best.
'AMZN' what happened now? Hello friends !
Today we will see AMZN
So far we have protests, epidemics, interest rates and other things that are telling us not to invest anywhere.
I agree with everything!!
let's get some trades though and leave the future to the wizards
the stock seems to want to climb up again, although will meet some resistance at first
because of the holidays .. I think we will have a rise and then it will fall again.
Let's see!
This will be a Christmas present..
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USDCHF Ichimoku Kinko Hyo Analysis Weekly:
Price in Weekly bearish Kyushu Ashi
Tenkan,Kijun,Kumo flat
Chiko below candles
Daily:
Kijun will soon be down
Tenkan flat => price is in equalibrium in short term
Bearish Kumo (Span B will soon be down)
If the price break resistant => Tenkan wil be down ,Kijun down
=> Look for the sell chance
Price may continue its downtrend or go range until next Kihon Suchi
Price action: Price is in a triangle ( Lower Highs, Lows remain the same)
Long EURUSD
Daily
Green Kumo
Wide Kumo
Tekan San is Pointing Up
Chicko Above Price
4HR
Tekan is Pointing Up
Chicko Above Price
Kumo is just Changing to Green
Gold Cross
1HR
Kumo is Green
Fibonacci Level at 50.0%
Possible Trade Scenario
Price breaks and closes 4HR TL on 1HR chart then heads to TP1 or -27.00%
GBPUSD LONG
Daily
1. Kumo Cloud is Green
2. Kumo Cloud is Wide
3. Tekan Sen is pointing up
4. Chicko above Price
4HR
1. Kumo is Green
2. Gold Cross
3. Chiko Above Price
1HR
1. Kumo is Green
2. Kumo is Wide
Price Action
1. Fibonacci Level bounce off 50.0-%
2. Price has formed ascending channel and is approaching 4HR resistance
Possible Trade Scenario
1. Expect PRICE to retrace and reject on 4HR Kijun Sen.
2. Expect PRICE to break and close above 4HR resistance line on 1HR Time Frame and head to TP1 / TP2 (-27.00%/-61.80%)