Re: Journal de IchiMohu
17 Déc 2019, 13:35
EURUSD
On 1W TF, trading inside the cloud above weekly Supp @ 1.107 with the price make HH & HL, price trading @ the middle ranges of current wave range and forming Cup and handle pattern.
- So 1W shows possibility of continuation of the bullish wave, targeting @ 1.1224.
On 1D TF, interestingly price @ pivotal point 1.116 which rejected the price multiple time, the cloud point for possibility of break for higher target, with the next major Resis @ 1.122 (like 1W TF)
- So 1D might have a breaking and continuation of the bullish wave targeting 1.122 areas.
On the 4H TF, price trading outside the cloud with bullish setup, uptrend with major Supp level @ 1.114 area with thick cloud, in case the price started to trade inside the cloud it might test the lower support area @ 1.109/1.108.
- So on 4H it has both possibility of continuation 1.120/1.122 or retest 1.109, according to the next hours.
On the 1H TF, price in consolidations with good volatility, thin cloud points for a possible correction to the downside, but there's nice triple Supp level at the 1H uptrend @ 1.1127/1.1120, which makes it a good place for longs, in case those Supp failed to hold 1.1107 would be the next stop.
Possible trades
Long order @ 1.1125 targeting 1.120/1.22 and possibly higher, SL below 1.1105
* Price already visited this area with a decent action, and there's a chance it will not retest it again.
On 1W TF, trading inside the cloud above weekly Supp @ 1.107 with the price make HH & HL, price trading @ the middle ranges of current wave range and forming Cup and handle pattern.
- So 1W shows possibility of continuation of the bullish wave, targeting @ 1.1224.
On 1D TF, interestingly price @ pivotal point 1.116 which rejected the price multiple time, the cloud point for possibility of break for higher target, with the next major Resis @ 1.122 (like 1W TF)
- So 1D might have a breaking and continuation of the bullish wave targeting 1.122 areas.
On the 4H TF, price trading outside the cloud with bullish setup, uptrend with major Supp level @ 1.114 area with thick cloud, in case the price started to trade inside the cloud it might test the lower support area @ 1.109/1.108.
- So on 4H it has both possibility of continuation 1.120/1.122 or retest 1.109, according to the next hours.
On the 1H TF, price in consolidations with good volatility, thin cloud points for a possible correction to the downside, but there's nice triple Supp level at the 1H uptrend @ 1.1127/1.1120, which makes it a good place for longs, in case those Supp failed to hold 1.1107 would be the next stop.
Possible trades
Long order @ 1.1125 targeting 1.120/1.22 and possibly higher, SL below 1.1105
* Price already visited this area with a decent action, and there's a chance it will not retest it again.
- Fichiers joints
-
-
Re: Journal de IchiMohu
17 Déc 2019, 17:45
IchiMohu a écrit:EURUSD
On 1W TF, trading inside the cloud above weekly Supp @ 1.107 with the price make HH & HL, price trading @ the middle ranges of current wave range and forming Cup and handle pattern.
- So 1W shows possibility of continuation of the bullish wave, targeting @ 1.1224.
On 1D TF, interestingly price @ pivotal point 1.116 which rejected the price multiple time, the cloud point for possibility of break for higher target, with the next major Resis @ 1.122 (like 1W TF)
- So 1D might have a breaking and continuation of the bullish wave targeting 1.122 areas.
On the 4H TF, price trading outside the cloud with bullish setup, uptrend with major Supp level @ 1.114 area with thick cloud, in case the price started to trade inside the cloud it might test the lower support area @ 1.109/1.108.
- So on 4H it has both possibility of continuation 1.120/1.122 or retest 1.109, according to the next hours.
On the 1H TF, price in consolidations with good volatility, thin cloud points for a possible correction to the downside, but there's nice triple Supp level at the 1H uptrend @ 1.1127/1.1120, which makes it a good place for longs, in case those Supp failed to hold 1.1107 would be the next stop.
Possible trades
Long order @ 1.1125 targeting 1.120/1.22 and possibly higher, SL below 1.1105
* Price already visited this area with a decent action, and there's a chance it will not retest it again.
EURUSD Update
Risky trade against the direction, based on 15M & 5M TFs
Short EURSD @ 1.1158, TP 1.1139/1.1125 (my main long entry), SL above 1.1181
- Fichiers joints
-
Re: Journal de IchiMohu
17 Déc 2019, 21:00
NZDUSD
On 1W TF, trading inside the cloud at the SSB & Resis & 1W downtrend, CS is free for +120 points, next major Resis @ 0.6695 & Supp @ 0.6482
- So 1W shows possibility of continuation of the donw wave, targeting a retest to the pivotal points @ 0.6482.
On 1D TF, bullish setup rejected from pivotal point @ 0.6628 closed below another Resis @ 0.6582 after reaching reverse head and shoulder pattern, recent cosolidation with possible correction targeting the bullish cloud @ 0.6512.
- So 1D might have a correction to 0.6512, or continuation for 0.670.
On the 4H TF, price started trading inside the cloud & below Resis @ 0.658, price targeting SSB & newly formed Supp @ 0.6519
On the 1H TF, bearish setup but still in the trading range for the current wave, although there's formation of LH & LL, price targeting 0.6539/0.6520.
Possible trades
Short @ the current price 0.6570, TP on 4H @ 0.652/0.6485, SL above 0.6614.
On 1W TF, trading inside the cloud at the SSB & Resis & 1W downtrend, CS is free for +120 points, next major Resis @ 0.6695 & Supp @ 0.6482
- So 1W shows possibility of continuation of the donw wave, targeting a retest to the pivotal points @ 0.6482.
On 1D TF, bullish setup rejected from pivotal point @ 0.6628 closed below another Resis @ 0.6582 after reaching reverse head and shoulder pattern, recent cosolidation with possible correction targeting the bullish cloud @ 0.6512.
- So 1D might have a correction to 0.6512, or continuation for 0.670.
On the 4H TF, price started trading inside the cloud & below Resis @ 0.658, price targeting SSB & newly formed Supp @ 0.6519
On the 1H TF, bearish setup but still in the trading range for the current wave, although there's formation of LH & LL, price targeting 0.6539/0.6520.
Possible trades
Short @ the current price 0.6570, TP on 4H @ 0.652/0.6485, SL above 0.6614.
- Fichiers joints
-
-
Re: Journal de IchiMohu
17 Déc 2019, 21:38
USDJPY
On 1W TF, Price is trading outside the cloud while CS lagging inside, made a new after breading the downtrend with HH and weak bullish cloud with the, might have correction targeting the previous Supp @ 108.8.
On 1D TF, bullish setup rejected from pivotal point @ 109.60 and broke below the daily uptrend, double top pattern under development, previous Supp @ 108.10/106.90.
On the 4H TF, bullish setup consolidating at the same rejection level, possible double top pattern targeting 108.70, Supp @ 109.31/ 109.0, pivotal point @ 109.83.
On the 1H TF, bullish with possible reversal after started to trade inside the cloud, next level as 4H TF @ 109.3/109.0.
Possible trades
Short @ current price 109.48, TP @ 109.30/109.08, SL above 109.65.
On 1W TF, Price is trading outside the cloud while CS lagging inside, made a new after breading the downtrend with HH and weak bullish cloud with the, might have correction targeting the previous Supp @ 108.8.
On 1D TF, bullish setup rejected from pivotal point @ 109.60 and broke below the daily uptrend, double top pattern under development, previous Supp @ 108.10/106.90.
On the 4H TF, bullish setup consolidating at the same rejection level, possible double top pattern targeting 108.70, Supp @ 109.31/ 109.0, pivotal point @ 109.83.
On the 1H TF, bullish with possible reversal after started to trade inside the cloud, next level as 4H TF @ 109.3/109.0.
Possible trades
Short @ current price 109.48, TP @ 109.30/109.08, SL above 109.65.
- Fichiers joints
-
Re: Journal de IchiMohu
18 Déc 2019, 08:21
IchiMohu a écrit:IchiMohu a écrit:EURUSD
On 1W TF, trading inside the cloud above weekly Supp @ 1.107 with the price make HH & HL, price trading @ the middle ranges of current wave range and forming Cup and handle pattern.
- So 1W shows possibility of continuation of the bullish wave, targeting @ 1.1224.
On 1D TF, interestingly price @ pivotal point 1.116 which rejected the price multiple time, the cloud point for possibility of break for higher target, with the next major Resis @ 1.122 (like 1W TF)
- So 1D might have a breaking and continuation of the bullish wave targeting 1.122 areas.
On the 4H TF, price trading outside the cloud with bullish setup, uptrend with major Supp level @ 1.114 area with thick cloud, in case the price started to trade inside the cloud it might test the lower support area @ 1.109/1.108.
- So on 4H it has both possibility of continuation 1.120/1.122 or retest 1.109, according to the next hours.
On the 1H TF, price in consolidations with good volatility, thin cloud points for a possible correction to the downside, but there's nice triple Supp level at the 1H uptrend @ 1.1127/1.1120, which makes it a good place for longs, in case those Supp failed to hold 1.1107 would be the next stop.
Possible trades
Long order @ 1.1125 targeting 1.120/1.22 and possibly higher, SL below 1.1105
* Price already visited this area with a decent action, and there's a chance it will not retest it again.
EURUSD Update
Risky trade against the direction, based on 15M & 5M TFs
Short EURSD @ 1.1158, TP 1.1139/1.1125 (my main long entry), SL above 1.1181
Updating EURUSD short
so far +23pips and still running, holding for my TP @ 1.1125.
moving SL to entry
- Fichiers joints
-
Re: Journal de IchiMohu
18 Déc 2019, 13:29
IchiMohu a écrit:AUDUSD
On 1W TF, started to trade inside the cloud above weekly Supp @ 0.6847 with the price make HH & HL, price trading @ the higher / middle ranges of current wave range and at downtrend level!
- So 1W shows possibility of bullish corrective wave, if we could break the downtrend, reaching up to 0.6982.
On 1D TF, started to trade out of the cloud with bullish setup/channel confirmed by HH & HL, the price @ 1D Resis 0.6879, but there's a Double-top pattern under development at the Resis level!
- So 1D might have a continuation of the bullish wave targeting 0.7010 areas, as long as the Double-top pattern fails to form properly, or if the bullish setup hold after reaching Double-top pattern target @ 0.6760
On the 4H TF, Double tops pattern comes clear as the price rejected from 2 Resis @ 0.691/0.692 levels. price started to trade inside the cloud between 2 pivotal levels 0.687 & 0.684. Usually in similar pattern the price tend to test the SSB and from there go back to its direction.
- So on 4H we might see a retest to 0.6847 level followed by a continuation of the bullish wave targeting 0.6930.
On the 1H TF, price broke the cloud with the CS, it has a similar pivotal points as the 4H targeting 0.6845 and started to make LH & LL.
Possible trades
Start with short term short targeting 0.6845, with SL above 0.688
Long for the Constitution of bullish wave targeting 0.693/0.7010 with SL below 0.6795.
Updating AUDUSD
Started to show reversal signs on 1H & 4H, with decent reaction at the longs area.
Holding with no changes
- Fichiers joints
-
-
Re: Journal de IchiMohu
18 Déc 2019, 13:40
IchiMohu a écrit:IchiMohu a écrit:IchiMohu a écrit:EURUSD
On 1W TF, trading inside the cloud above weekly Supp @ 1.107 with the price make HH & HL, price trading @ the middle ranges of current wave range and forming Cup and handle pattern.
- So 1W shows possibility of continuation of the bullish wave, targeting @ 1.1224.
On 1D TF, interestingly price @ pivotal point 1.116 which rejected the price multiple time, the cloud point for possibility of break for higher target, with the next major Resis @ 1.122 (like 1W TF)
- So 1D might have a breaking and continuation of the bullish wave targeting 1.122 areas.
On the 4H TF, price trading outside the cloud with bullish setup, uptrend with major Supp level @ 1.114 area with thick cloud, in case the price started to trade inside the cloud it might test the lower support area @ 1.109/1.108.
- So on 4H it has both possibility of continuation 1.120/1.122 or retest 1.109, according to the next hours.
On the 1H TF, price in consolidations with good volatility, thin cloud points for a possible correction to the downside, but there's nice triple Supp level at the 1H uptrend @ 1.1127/1.1120, which makes it a good place for longs, in case those Supp failed to hold 1.1107 would be the next stop.
Possible trades
Long order @ 1.1125 targeting 1.120/1.22 and possibly higher, SL below 1.1105
* Price already visited this area with a decent action, and there's a chance it will not retest it again.
EURUSD Update
Risky trade against the direction, based on 15M & 5M TFs
Short EURSD @ 1.1158, TP 1.1139/1.1125 (my main long entry), SL above 1.1181
Updating EURUSD short
so far +23pips and still running, holding for my TP @ 1.1125.
moving SL to entry
Updating EURUSD
Hit short target with +33pips, +1%.
Long order activated @ 1.1125 targeting 1.120/1.22 and possibly higher, SL below 1.1105/ or if there's close 4H below 1.1121.
* super important to watch 4H chart.
- Fichiers joints
-
Re: Journal de IchiMohu
18 Déc 2019, 23:12
EURAUD
On 1W TF, Price is trading inside the cloud with consolidation after it broke the weekly uptrend, with bearish cloud, head and shoulder pattern targeting 1.57 level, price @ Resis level 1.6230, next Supp @ 1.606/1.600.
On 1D TF, bearish setup with multiple rejection @ 1.6347, clear head and shoulders structure,broke the daily uptrend with 2 previous fake breakouts, major Resis @ 1.616/1.606/1.603 > 1.573.
On the 4H TF, consolidation pointing out that this last move was a bullish correction and there's a possibility of continuation of bearish wave with Resis @ 1.623.
On the 1H TF, bullish with a retest to the SSB of the bullish cloud, price at a crucial area between double pivotal points 1.623 & 1.620 and 1H uptrend.
Possible trades
Short @ 1.6226, TP 1.612/1.610 and possibility the H&SP @ 1.573, SL 1.6290
On 1W TF, Price is trading inside the cloud with consolidation after it broke the weekly uptrend, with bearish cloud, head and shoulder pattern targeting 1.57 level, price @ Resis level 1.6230, next Supp @ 1.606/1.600.
On 1D TF, bearish setup with multiple rejection @ 1.6347, clear head and shoulders structure,broke the daily uptrend with 2 previous fake breakouts, major Resis @ 1.616/1.606/1.603 > 1.573.
On the 4H TF, consolidation pointing out that this last move was a bullish correction and there's a possibility of continuation of bearish wave with Resis @ 1.623.
On the 1H TF, bullish with a retest to the SSB of the bullish cloud, price at a crucial area between double pivotal points 1.623 & 1.620 and 1H uptrend.
Possible trades
Short @ 1.6226, TP 1.612/1.610 and possibility the H&SP @ 1.573, SL 1.6290
- Fichiers joints
-
-
Re: Journal de IchiMohu
19 Déc 2019, 14:07
IchiMohu a écrit:NZDUSD
On 1W TF, trading inside the cloud at the SSB & Resis & 1W downtrend, CS is free for +120 points, next major Resis @ 0.6695 & Supp @ 0.6482
- So 1W shows possibility of continuation of the donw wave, targeting a retest to the pivotal points @ 0.6482.
On 1D TF, bullish setup rejected from pivotal point @ 0.6628 closed below another Resis @ 0.6582 after reaching reverse head and shoulder pattern, recent cosolidation with possible correction targeting the bullish cloud @ 0.6512.
- So 1D might have a correction to 0.6512, or continuation for 0.670.
On the 4H TF, price started trading inside the cloud & below Resis @ 0.658, price targeting SSB & newly formed Supp @ 0.6519
On the 1H TF, bearish setup but still in the trading range for the current wave, although there's formation of LH & LL, price targeting 0.6539/0.6520.
Possible trades
Short @ the current price 0.6570, TP on 4H @ 0.652/0.6485, SL above 0.6614.
In my broker I Stopped out -44 pips due to spread expansion (almost 10 pips), although price didn't go pass 0.6608/0.6613 on other broker.
change with the setup, 4H CS failed to break the bullish trend + price rejected @ the 1H trading range.
Possible new trade
Long NZDUSD @ current price 0.6579, TP 0.6622, SL below 0.6553.
- Fichiers joints
-
Re: Journal de IchiMohu
19 Déc 2019, 14:09
IchiMohu a écrit:EURAUD
On 1W TF, Price is trading inside the cloud with consolidation after it broke the weekly uptrend, with bearish cloud, head and shoulder pattern targeting 1.57 level, price @ Resis level 1.6230, next Supp @ 1.606/1.600.
On 1D TF, bearish setup with multiple rejection @ 1.6347, clear head and shoulders structure,broke the daily uptrend with 2 previous fake breakouts, major Resis @ 1.616/1.606/1.603 > 1.573.
On the 4H TF, consolidation pointing out that this last move was a bullish correction and there's a possibility of continuation of bearish wave with Resis @ 1.623.
On the 1H TF, bullish with a retest to the SSB of the bullish cloud, price at a crucial area between double pivotal points 1.623 & 1.620 and 1H uptrend.
Possible trades
Short @ 1.6226, TP 1.612/1.610 and possibility the H&SP @ 1.573, SL 1.6290
Gave +55 pips and now it retesting the mentioned level, Didn't move SL to entry yet.
- Fichiers joints
-