Showing posts with label Bear Bull candle Crude Ichimoku Indicator Nifty pattern resistance Shares S&P500 Stocks support Technical Analysis Trading Bitcoin Crypto gold Sensex. Show all posts
Showing posts with label Bear Bull candle Crude Ichimoku Indicator Nifty pattern resistance Shares S&P500 Stocks support Technical Analysis Trading Bitcoin Crypto gold Sensex. Show all posts

Saturday, March 21, 2020

Brent Oil - Ichimoku Weekly Chart Study - Triangle Breakdown and Inv. H&S neckline support - Week 4 of March 2020.





Investing.com
 
chart > 
Click

Introduction & Primer to Ichimoku can be read at this link > click.
 


Brent has broken down from a Triangle pattern and is aiming for the Triangle target.

It took support for a week or so at the extended neckline of a inverted head and shoulders pattern.

Rest of the details are in tweets as above.



Saturday, December 7, 2019

Nifty (Asia India) - Weekly Study - Week 2 of Decemberr 2019 - Reached All Time High..more Highs?



Follow up of eaarlier Blog Post..see post below...

http://tradertradertrader.blogspot.com/2019/10/nifty-asia-india-weekly-study-week-4-of.html



Suggested Possiblities..

Possible (Bullish) Cypher Pattern seen on the Nifty Weekly Chart as above.

However this pattern can form if Nifty reaches Point C.

Point C is exactly at the All Time High.

Probability currently at 33%.



Current Scenario..


Point C is reached !!!



Future Possibilities...


Point D can be reached and pattern completed.

Probability currently at 49% (up from 33%).

Higher Highs are made.

Probability currently at 51%.




Saturday, August 3, 2019

Nifty (Asia India) - Ichimoku Weekly Study - All Time High to a Harmonic Cypher? - Week 1 of August 2019





Introduction & Primer to Ichimoku can be read at this link > 
click.



PAST

Nifty 50, falls hard from the All Time High.
Lands on the Kumo in a perfect touchdown.
Chikou Span (white line - see left) touches the price line.



NEXT

Bulls seek to stay above the Kumo support.
Last week's candle dipping below 'B' heightens the possibility (with probability now at 50%) of a run towards 'D' and a possible (Bullish) Cypher Pattern.
Bulls using current supports, pray they can avoid more red and need to get back above the Red and Blue lines (which would cross each other bearishly next week).




WRAP


Bulls, battered and bruised, pray for a green candle next.
Bears, seek more red on the screen and a dive to point 'D' (10456) as marked above.



Saturday, June 8, 2019

Nifty (Asia India) - Ichimoku Weekly Study - Two Peaks and a Slip - Week 2 of June 2019





Introduction & Primer to Ichimoku can be read at this link > 
click.



PAST

Nifty 50, makes two new All Time Highs.
Second High floats +1.13% above the first.
Bulls keep index above all signals on the Ichimoku System at this time.



NEXT

Bulls aim for 12366, the Fibonacci 127% as marked above.
Last week's candle dipping below 'A' triggers the possibility (now at 20%) of a run towards 'D' of a possible (Bullish) Cypher Pattern.
Bulls having pulled back above 'A' level, now look to trend on.




WRAP


Bulls on a roll, seek to make a new All Time High (12366) after climbing back above 'A' level.
Bears, seek more red on the screen and a dive to point 'D' marked.




Saturday, March 23, 2019

S&P 500 (US) - 'Weekly Technical Analysis' - Stuck to the 'Cloud' - Week 4 of March 2019.





Introduction & Primer to Ichimoku can be read at this link > 
click.
 

PAST

Bulls get through the Kumo (cloud) and hover around the Fibonacci 300% level.
Index under the gravitational pull of the Kumo, stuck to the edge of the Cloud.
The 'Chikou Span' (left) is below the Price line.


NEXT

Bulls, want to take off from the Cloud (Kumo), and reach the All Time High of 2941.
Bears seek to get back into the Kumo and make this a 'Lower High' to match the 'Lower Low' of Dec 2018.



WRAP

After a long green run, Bulls seek to reach the All Time High 2941.
Bears plan to crash the party, make this a 'Lower High' and dive below the Kumo.



Saturday, March 16, 2019

Nifty (Asia India) - Ichimoku Weekly Study - 'Take off' from Kumo - Week 3 of March 2019





Introduction & Primer to Ichimoku can be read at this link > click.



PAST

Nifty 50, 'takes off' after spending a dozen weeks around the gravitational field of the Kumo (cloud).
Blue line (Tenkan Sen) crosses above Red line (Kijun Sen) bullishly.
Chikou Span (white line - left), touches the price line from below.


NEXT

Bulls aim for 11760, the All Time High (ATH).
Chikou Span ready for Bearish deflection (@11555) or Bullish Cross of the Price line. 




WRAP


Bulls on a roll, seek to make a new All Time High (11760+) after clearing 11555.
Bears, want to slip below the Fibonacci 23.6% (11333) and then throw back to the Kumo.





Brent Oil - Ichimoku Weekly Chart Study - Kumo Resistance & Fibonacci Supports 2 - Week 3 of March 2019.





Investing.com
 
chart > 
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Introduction & Primer to Ichimoku can be read at this link > click.
 

PAST

Brent, takes Support at the 61.8% Fibonacci projection as marked above.
Bears keep it below the KUMO these past weeks.
Index stops right at the red line (Kijun Sen) at last week's close.


NEXT

Bears see resistance at the Kumo and the Kijun Sen (red line).
Bulls see support at Fibo 61.8% and the rising Blue line (Tenkan Sen). 



WRAP


Bears after holding out below the Kumo, seek a lower low (below $50)
Bulls after weeks of consolidation, seek to get into the Kumo, break above the red line and reach $77.





Saturday, January 26, 2019

S&P 500 (US) - 'Weekly Technical Analysis' - Back to the 'Cloud' - Week 5 of January 2018.






Introduction & Primer to Ichimoku can be read at this link > 
click.
 

PAST

Index after dropping down to the Kumo (cloud), and doing a 7 week skirmish there, dives to the Fibonacci 162% mark and returns to the cloud.
The 'Chikou Span' (left) is below the Price line.


NEXT

Bulls, seek to get above the Kumo. and head for the Fibonacci 300% mark.
The Bear camp needs to use the resistance at the Kumo, to get a red candle after 5 green ones.



WRAP

After a V shaped recovery from the fall off the Cloud (Kumo), Bulls & Bears, need to resolve the direction from this neutral ground.
The Kumo (2645 to 2730) is the current range, take off from which, determines the future of the 'Trump' Rally.




Saturday, December 15, 2018

Brent Oil - Ichimoku Weekly Chart Study - Kumo Resistance and Fibonacci Supports - Week 3 of December 2018.




Investing.com chart > Click

Introduction & Primer to Ichimoku can be read at this link > click.
 

PAST

Brent, pauses at the 162% Fibonacci projection as marked above.
Bears keep it below the KUMO for three weeks.
Chikou Span (left) stays deflected off the Price line - for now.



NEXT

Bears see resistance at the Kumo and the fall continuing towards the Fibonacci 200%.
Bulls seek to punch through the Kumo and reach $77 above the Kijun Sen (red line). 



WRAP


Bears after holding out below the Kumo, see more red.
Bulls after three weeks of consolidation, seek to get into the Kumo and then strike above it towards $77. 


Saturday, December 8, 2018

Nifty (Asia India) - Ichimoku Weekly Study - Cloud (Kumo) Wars - Week 2 of December 2018






Introduction & Primer to Ichimoku can be read at this link > click.



PAST

Nifty 50, spends a dozen weeks around the gravitational field of the Kumo.
Chikou Span (left), climbs above and below the price line.


NEXT

Nifty draws a wide range, between 10K and 11.2K, in a bid to resolve the direction.
Bearish cross of the Blue and Red lines, can be attenuated with a break above this range.
Cumulative effect of Bearish Signals and range break down, would give the Bears their honey.
  




WRAP


Bulls with a Higher low and pop above the Kumo, seek to get above range at 11.2K.
Bears, want life below the Kumo and plan a lower high and then a lower low near 8k.



S&P 500 (Americas, USA) - 'Weekly Technical Analysis' - Skirmish at the 'Cloud' - Week 2 of December 2018.






Introduction & Primer to Ichimoku can be read at this link > 
click.
 

PAST

Index after dropping down to the Kumo (cloud), does a 7 week skirmish here.
The 'Chikou Span' (left) weaves in and out of the Price line.


NEXT

Bulls, seek to get above the Kumo. Bears push for life below the Kumo.
The 'Chikou Span' (left) on the Price line for a Bearish Cross or Bullish Deflection.



WRAP

After a 7 week skirmish at the Kumo (cloud) Bulls and Bears, yet to resolve the direction from here.
The Kumo (2639 to 2697) and Fibonacci 262%, are the numbers to beat, for the future of the 'Trump' Rally.


Friday, November 23, 2018

BitCoin, BTC/USD - Ichimoku Chart Study - The Last Fibonacci - Week 4 of November 2018.





Introduction & Primer to Ichimoku can be read at this link > 
click.
 

PAST

BitCoin reaches the 78.6% Fibonacci retrace (from the All Time High to Zero).
Chikou Span (left) deflects bearishly, off the Price line (once again). 
The red Kijun Sen and the blue Tenkan Sen lines also deflect Bearishly.

NEXT

Bears after deflection of the Blue and Red Lines, now seek life below the last Fibonacci.
Bulls pray for a green candle and support at the 78.6% Fibonaci retrace.


WRAP


Bears seek to stay below the blue line and and seek life below the last Fibonacci.
Bulls hope to form a bottom here and get above the Blue Tenkan Sen Line.


Saturday, November 3, 2018

Brent Oil - Ichimoku Weekly Chart Study - Fibonacci Targets & Deep Dives - Week 2 of November 2018.





Investing.com
 
chart > 
Click


Introduction & Primer to Ichimoku can be read at this link > click.
 

PAST

Brent, stops exactly at the 162% Fibonacci projection ($86.76), off the Channel.
Bears, dive to near the Channel bottom ($70.37 or Fibonacci 0%).
Chikou Span (left) at the Price line.



NEXT


Distance between the blue line (Tenkan Sen) and red line (Kijun Sen), should narrow further, next week, leading to the possibility of a Bullish deflection or Bearish Cross.
Bulls seek Support at Fibonacci 0% and some ranging inside Channel.
Bears aim for the Kumo and then $63.



WRAP


Bears after a precise stop and dive to where it began, see more red.
Bulls seek Support and consolidation at the Channel Bottom. 


Saturday, October 27, 2018

Nifty (Asia India) - Ichimoku Weekly Study - Kumo Bounce and Previous Lows - Week 5 of September 2018




Introduction & Primer to Ichimoku can be read at this link > click.



PAST

Index leaves the Support Zone of Kijun Sen and Tenkan Sen and manages a meager bounce off the Kumo (cloud).
Weekly close was just above the previous low of 9952 (Fibonacci 100%).


NEXT

Bulls seek to take support near the Previous low or before the Fibonacci 113%.
With the Blue Tenkan Sen (currently intertwined with the Kijun Sen) falling below the Red Kijun Sen, in the coming week, Bears hope for a Medium Term Trend Change.



WRAP


Bulls with a swathe of red on the screen, look for a bounce back towards the Support Lines (10880).
Bears, seek to close below the Fibonacci 113% and stay below the Kumo.