Ichimokukinkohyo
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%)
USDJPY broke Daily support, bearishComment:
USDJPY broker the support level of 137.695, continuously bearish.
Ichimoku Trend Analysis:
- Kumo (Senko span A and B) down
- Kijun sen down
- Tenkan sen down
- Chiko span below candles
Next Scenario:
Possible to reach 131.740 as it continuously goes down.
Possible 5% drop on Gold Possible 5% drop on Gold from $1775 to $1687.
After reaching top of the channel today 1st of December we might experience a fall for another 7-9days to retest 1700 and most likely 1687 mark.
High possibility doesn't mean 100% certainty so this is not a trade advice.
Happy trading everyone.
QQQ setting up ReversalQQQ has been downtrending however-
it broke through the mid-Fib levels which are now resistance
the Momentum Oscillator shows bearish momentum decreasing to nearly zero
the red dot on the center line suggests a squeeze is underway
recent candles are small range and nearly Doji
candles on the RSI Ichimoku are wide range and volatile
in general relative strength is rising in bullish divergence
Accordingly I will close the put options and open call options
with 48 hours of time to expiration at a strike 1% above current price.
AUDNZD Ichimoku Kinko Hyo AnalysisWeekly:
Tenkan down
Kijun,Kumo flat
Chiko below candles
Kyushu Ashi down
Daily:
Kumo down
Kijun soon will be down
Tenkan down
Chiko below candle
More likely the price will be down-sideway until Next Kihon Suchi in Weekly tf (12 Dec 2022)
Looking for the sell chance in LTF if the price breakout
CADJPY Ichimoku Kinko Hyo analysisWeekly:
Ichimoku:
Tenkan, Kijun dead cross happen
Chiko is breaking candles
price react Weekly forecast line
Kyushu Ashi:
4 down trend Kyushu Ashi appeared
Next Kihon Suchi will be 2 Jan 2023
Daily:
Kumo down (span A + B down)
Kijun down
Tenkan down
Chiko below candles
Note: Down Kyushu Ashi in weekly tf => the price most likely to be down until 2 Jan 2023
=> 50% down, 30% range, 20% up
looking for the sell chance in lower timeframes
Ichimoku Analysis for MATICClosing below the cloud and also lagging below it will be a good short signal.
CADJPY down after H&S neckline breakoutComment:
CADJPY is trending down after Head and shoulders neckline breakout as well as Ichimoku trend analysis.
Ichimoku Trend Analysis (KTS):
- Kumo (Senko span A and B) down
- Tenkan sen down
- Kijun sen down
- Chiko span below candles
Next Scenario:
Need to wait for today's candle close. And once the breakout is confirmed, look for a selling edge.
Target to be 102.582, then 101.413.
EURCAD is bullish nowComment:
EURCAD is bullish based on Ichimoku trend analysis.
Ichimoku Trend Analysis (KTS):
- Kumo (Senko span A and B) up
- Tenkan sen up
- Kijun sen up
- Chiko span above candles
Next Scenario:
Market is going up towards 1.39766. Once it breaks, it can reach 1.42354, then ultimate target to be 1.46381.
GBPCAD is continuously bullishComment:
GBPCAD is continuously bullish after my analysis yesterday.
Ichimoku Trend Analysis:
- Market is above Tenkan sen
- Chiko span above candles
Next Scenario:
Market touched the resistance of 1.61814 and retracing today. Better to wait for the breakout for the next buying opportunity.
GBPCAD about to break Daily resistanceComment:
GBPCAD is bullish and about to break Daily resistance level of 1.5975 level.
Ichimoku Trend Analysis
- Kumo (Senko span A) is up
- Tenkan sen up
- Chiko span above candles
Next Scenario:
Candles also showing inside bar, so better to wait for 1.5975 breakout and follow uptrend afterwards.
BTC/USD - Will we see a Death Cross on the Bitcoin 1 week chart?Looking at the BTC/USD 1 week chart, we can see that the 50MA (Yellow Line) is now getting really close to the 200MA (Red Line). A crossover would signal a Death Cross on this 1 week timeframe.
Looking at the entire history and available data on this BTC/USD 1 week chart, we can see that the 50MA has never crossed under the 200MA on this 1w timeframe. Note that the 50MA did come very close to crossing under the 200MA around the week of the 30th Nov 2015 but in the end, it didn’t happen.
Other notes:
BTC is still in a Massive Ichimoku Y-Wave pattern.
BTC is also still in a massive Falling Wedge Pattern.
BTC is still under all 3 of its major unique Ichimoku Kumo (Cloud) patterns.
BTC is still under its Bollinger Bands Middle Band Basis 20 Period SMA.
Looking at the Chaikin Money Flow, we can see that we are still in the Distribution Zone traveling slightly upwards but would say more like 'sideways within a range' on this 1 week timeframe. Note that the CMF (Green Line) is still under its Least Squares Moving Average (LSMA) (Blue Line) which is a sign of continued weakness on this 1 week timeframe.
Looking at the Moving Average Convergence Divergence (MACD) we can see that the MACD Line (Blue Line) is still above its Signal Line (Orange Line) but has starting to slope downwards. Note that both the MACD Line and Signal Line are still deep in the Negative Zone under the 0.0 Base Line. Note that the last green histogram had also decreased in size and this weekly one looks like it will also close smaller than the last indicating upwards momentum is weakening on this 1w timeframe.
Interesting times and potential opportunities ahead once this World Recession bottoms.
I hope this quick chart is helpful.
ADA/USD - still in its Falling Wedge PatternHere is a closer look at this ADA/USD 1d chart.
Just like BTC, ADA is still in its massive Falling Wedge Pattern.
Here is a closer look at the Average Directional Index (ADX DI).
Once this world wide Recession has fully bottomed, for those that are prepared, there will be truly amazing opportunities to acquire your crypto of choice at a real bargain price ready to ride the next cycle upwards.