EDELWEISS moving in a channel - Ichimoku Uptrend
This is for educational purpose only
Tenkan and Kijun cross above kumo and price above TK
Future Kumo is green
Chikou is above kumo and uptrend
Also you can note RSI divergence ... which is interesting
Heading towards 200 as its moving along a channel and consolidating.
If it moves above 193 tomorrow then...
This is 1D Chart of BTCUSD . Actually Since last 6 months BTC fighting and each time rejected with Ichimoku Cloud. This is IV th attempt. Let us see what happen this time
s can be seen the price is trading above the Cloud decisively and is in line with the broader markets movement of Nifty. The issue can be added near kijun level. One concern is the flat Cloud B line which means stock is flat movement. therefore advisable to add small portions on dips and once conclusively trading above 260 with upward move of Cloud A and B line,...
Break Out Above Cloud.
Chikou Span Above Cloud.
Dragonfly Doji Candalstick Observed on Previous Day.
Bullish Cloud.
Current Price Above 21 EMA.
Can Be Accumulated Till 223 for Targets 251/261/271 with Support @ 211.
Other Details Mentioned In chart.
Positional View.
Please Consult Your Financial Advisor Before Taking Any Decision.
I am not SEBI Registered...
Strong bullish Trend on weekly close above Kijun sen at 25650
Responsive buyers stepped in at upper cloud support zone .
Bank Nifty is moving in long term upward channel .
Crude on hourly gave cloud break out @ 61.90 & even managed to cross 61.8% fibo resistance
@62. Any pull back toward 50% fibo @ 61.6 may offer long opportunity for level of 63$.
After consolidating in cloud Nifty break down below cloud low at 10488 . There was attempt by Bulls to pull Nifty up which resulted in small bullish cloud formation . However bulls attempt failed and Nifty broke cloud low of 10488 .
Now going forward cloud low may act as resistance around 10510.
Downside Nifty spot may slide till previous low .
I think NZDUSD is very interesting. Here's what we saw in the webinar we had this evening.
The pair has a beautiful Head&Shoulders (at least following my trading strategy),which, at the moment, gives us a double possibility :
1. The Neckline breakout ;
2. A rebound on the Neckline .
If number 1 occurs, I will wait a rebound on it , where I should...
Hindalco has been struggling to Break out of the Range since months on Daily TF, but this time theirs high probablity of breaking out of the range looking at the maturity of the pattern on Daily TF.
The Channel as well as The Ichimoku Cloud has been broken out on 15 min TF. After the open on Monday, Hindalco may test the 200-201 level which is a strong area to...
