Ichimoku - page 8

 

On the daily Ichimoku chart we see uptrend (generally). But the price is reversing to downtrend during the several days already and we got one signal yesterday:

- the cloud was changed to downtrend.

Support/resistance for D1 is 1.2012.

Braintrading system on D1 timeframe.

It was two signals for sell: one was 2 days ago (closed bar) and an other one was today (opened bar).

Maksigen Trading system on D1.

Uptrend from 14th of March. But price came down and stoped near resistance line 1.2061.

If the price will cross 1.1943 we may go sell, if 1.2292 - buy.

But the price should break 1.2064 resistance line and 1.2005 resistance line on the way to our sell according to Maksigen system (1.1943) which is difficult.

If the price will continue uptrend we have two resistance lines: 1.2193 1.2206; and dynamic resistance line which is 1.2173 now. Uptrend is the difficult as well.

It should be the news to break some resistance lines.

Market is very dangerous according to D1 timeframe.

Files:
daily.gif  32 kb
 

On the M15 Ichimoku chart we see uptrend is going on from today's morning. But the price is trying to be reversed down during the two hours already moving slowly together with dynamic resistance line (border of the cloud). But we already have two signals for sell.

Braintrading system on M15 timeframe.

It was not confirmed uptrend till morning (we are not trading if the signals were not confirmed). But now the price is trying to be reversed to the confirmed downtrend (need to wait untill the current m15 bar will be closed).

Maksigen Trading system on M15.

Width of trading channel is 31 pips today (1.2080 from 1.2049). Price already went up but was stoped by nearest resistance line (1.2074) and came down to dynamic support line 1.2063.

If the price crosses 1.2052 we may go sell, if 1.2078 - buy.

Files:
m15.gif  29 kb
 

I am using this Ichimoku just to understand what to do in the morning. Marker is very difficult now.

On the weekly Ichimoku chart we see downtrend. Market is trying to be reversed and we already have signals for buy:

- Kijun-sen line was crossed Tenkan-sen line (ren and blue ones).

- the cloud was changed to uptrend many weeks ago.

- Chinkou Span line came near the price ready to go up.

These signals are not strong. Still downtrend. And the price is near resistance line (border of the cloud) on the way up. Besides, Kijunsen-sen and Tenkan-sen lines are in horizontal way indicating the flat marker.

This situation will not be changed this week. Because it is weekly chart.

Price is reversing to uptrend very slowly.

Braintrading system on W1 timeframe.

We got two signals for buy already. Not very strong as well.

Maksigen Trading system on W1.

We have downtrend with support/resistance lines: 1.2200 and 1.1943.

If the price crosses 1.1943 on the way down we may go sell with the target 1.1825. If 1.2291 on the way up - we may go buy with the targer 1.2360.

Files:
weekly.gif  31 kb
 

On the H4 Ichimoku chart we see flat. It was good downtrend starting from 20th - 21st of March. And it is downtrend up to now.

But at the present time the price is inside the cloud. Borders of the cloud are support/resistance lines and the cloud is very thin. So we can not play/open the order between two support/resistance lines inside the cloud (because the cloud is very thin). Besides all 3 Ichinoku lines are indicate the flat also (from yesterday's morning till now).

We are not trading in this case.

Braintrading system on H4 timeframe.

No any signals up to now.

The signals for sell was on Monday and Tuesday.

Maksigen Trading system on H4.

According to this system we have downtrend during the second day already. Price was stoped between support/resistance lines (1.2047 and dynamic 1.2095). If the price will cross 1.1943 we may place sell order. But this 1.1943 is too far from now.

And there are no any indicates what the price will move up.

Files:
h4.gif  28 kb
 
Maksigen Trading system on M15.

Width of trading channel is 31 pips today (1.2080 from 1.2049). Price already went up but was stoped by nearest resistance line (1.2074) and came down to dynamic support line 1.2063.

If the price crosses 1.2052 we may go sell, if 1.2078 - buy.

I may say that the price just came near the 1.2052. If this 1.2052 is crossed we go sell.

 

Price is still near this 1.2052.

 
Braintrading system on M30 timeframe. Not confirmed uptrend. We are not trading if we have buy or sell signals without confirmation.

It was sell signal few hours ago. But the signal was not strong. Besides Brainrading1sig and Braintrading2sig indicators should be on the same closed bar.

Maksigen Trading system on M15.

Width of trading channel is 31 pips today (1.2080 from 1.2049). Price already went up but was stoped by nearest resistance line (1.2074) and came down to dynamic support line 1.2063.

If the price crosses 1.2052 we may go sell, if 1.2078 - buy.

The price (ask price) still did not cross 1.2052.

Files:
m15_2.gif  33 kb
 
newdigital:
It was sell signal few hours ago. But the signal was not strong. Besides Brainrading1sig and Braintrading2sig indicators should be on the same closed bar. The price (ask price) still did not cross 1.2052.

Well.

The price was crossed 1.2052 with very good short:

about 42 pips in profit just for few minutes.

 

It was more than 70 pips for EURUSD only!

From 1.2052 till 1.1977.

 

So what is the situation in the present time?

On the weekly Ichimoku chart there are no any changes. Still downtrend with two very weak buy signals. Situation not changed from the post https://www.mql5.com/en/forum/172986/page5

Braintrading system on W1 timeframe.

We got two signals for buy already. Not very strong as well. No any changes as well (the same with post https://www.mql5.com/en/forum/172986/page5)

Maksigen Trading system on W1.

The situation was changed a little concerning the figures of support and resistance:

We have downtrend with support/resistance lines: 1.2182 and 1.1955.

If the price crosses 1.1955 on the way down we may go sell with the target 1.1818. If 1.2187 on the way up - we may go buy with the targer 1.2317.

Files:
weekly_1.gif  30 kb
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