Ichimoku Kinko Hyo

المشاركة الأصلية كتبت بواسطة IchiMohu

1W TF, price trading inside the cloud and it reached SSB & 1W Resis @ 0.7030 at the upper trading range with HH & HL! despite the cloud showing a correction possibility there's a room for CS to goes up till 0.7057.
current area filled with 1W Resis, 0.710/0.7057/0.703/0.6980
CS rejected outside the cloud last week, we might have CS lagging free and outside this week followed by breaking in, this might give a room to go down further more.
- So 1W shows possibility of bearish corrective wave, targeting the 1W uptrend 0.694/0.690

1D TF, strong bullish setup, price rejected form double Resis and pivotal points @ 0.7030/0.7017 & upper limit of the bullish 1D channel. price closed below Supp @ 0.6956 and the way is open for continuation to retest the 1D uptrend/Supp @0.685 as long as KS peak above the price.
- So 1D might have a continuation of the bullish wave targeting 0.710/0.715 areas once it consolidated and rejected from the 1D KS and closes above 0.705, other possibility would be continuation of the corrective wave down till 0.690/0.685.

4H, bullish setup with bearish correction, price rejected from pivotal point @ 0.6995 and reached down to the SSB, from there it got rejected again for +30 pips, cloud still bullish price @ the bell of the cloud with CS lagging behind and above bullish neck, we might see continuation of the corrective bearish wave to get to the lower trading range on 4H once th CS (not price) reaches the 4H uptrend with false breakout of the price downward. 0.6933 Supp/ pivotal point area, followed by next pivotal point @ 0.6870
- So 4H might have a direct continuation to 0.690/0.684, other possibility would be a retest to the SSA of bullish cloud and pivotal point @ 0.6995 followed by drop to 0.684 (DTPT)
no near Supp/Resis, next pivotal point @ 0.710, cloud is thick and its SSA at pivotal point @ 0.6995, closed below that level might point to SSB retest for the other pivotal point @ 0.6930/0.687, otherwise continuation till 0.710 on board.

المشاركة الأصلية كتبت بواسطة IchiMohu

AUDCAD

W1, price trading inside the cloud with CS lagging behind & out after it got rejected from Resis @ 0.913, price @ the SSA level with CS testing KS, cloud shows weakness signs for the bearish momentum along with HH & HL, if this area hold the price from going down once we close above the 1st 1W down trend we might head to retest to the downtrend @ 0.913/0.915 up to the SSB and pivotal point @ 0.922.

1D, full bullish setup with HH & HL, price retesting the mid zone of trading range @ the mid bullish cloud, Pivotal point @ 0.9011 held the price last week from going down. Cloud is bullish despite the last correction, 1D shows both possibilities of 1) initiation and continuation of bullish channel at these level, or 2) Closing below 0.8985 and confirming this is just a minor corrective wave for the last bearish wave .. 1D cloud is critical!

4H, full bearish setup, price broke the 4H uptrend after it got rejected from pivotal point @ 0.9137, yet it seems it trading @ a relatively bullish range with HH & HL, 0.898/0.897 is important level to keep this bullish wave alive.

1H, full bearish setup after the price broke the 1H uptrend @ 0.917, bearish cloud shows balance @ 0.907, price approaching the cloud once it closes indie it the upward monument might start

المشاركة الأصلية كتبت بواسطة IchiMohu

GBPAUD

1W TF, bullish setup with signs of correction after the price rejected for Resis @ 1.9216, KS about to cross TS while the price approaching the crossing point, next Supp @ 1.862/1.8543 aloing with current SSB. Price might retest those Supp or conitnue the bullish wave, especially if the price retest 1.90/1.906 area and formed H&S pattern.

1D TF, price trading inside the cloud between Supp and pivotal points @ 1.894/1.879, cloud still bullish, no true LH yet, yet the price testing SSA while CS approaching previous levels, 1D shows possibility of retesting pivotal point @ 1.879 of room to go down further up to 1.864/1.860/1.845, yet in couple of week we are approaching mid cloud zone with room to go up to PP @ 1.914/1.914!

4H TF, bearish setup with price trading inside the cloud with bullish momentum & HH & HL with possible retesting to the SSB & PP level @ 1.908, previous PP point @ 1.887/1.880.

1H TF, price broke the cloud with bullish momentum, cloud broke trading range with signs of continuation. PP @ 1.8913/ 1.898/1.902

المشاركة الأصلية كتبت بواسطة IchiMohu

EURAUD

1W TF, Price is trading below the cloud with consolidation after it broke the weekly uptrend, with bearish cloud, head and shoulder pattern targeting 1.575 level, price @ Resis level 1.5995, next Supp @ 1.575

On 1D TF, bearish setup with multiple rejection @ 1.60/1.599 triple Resis area, clear head and shoulders structure, broke the daily uptrend reached double top pattern target @ 1.599, major next pivotal point @ 1.573 (H&SP tp/ 1W Resis!). price might have correction upward targeting 1D KS @ 1.614

4H TF, strong bearish setup, consolidation at the SSA level with CS approaching the bearish cloud, CS started to trade inside the cloud, with retesting to upper limit of the previous 4H down channel, a retest to pivotal point @ 1.610/1.6125/1.614 is a very likely, from we have triple Resis & SSB along with 1D KS

1H TF, bullish setup with, cloud shows signs of continuation pointing to possibility for a minor bullish > 1.61/1.614 wave followed by a continuation of the down trend, 1.614 is a triple Resis & pivotal point level as well