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Ichimoku Cloud

NZDUSD - A Double PossibilityI 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 insert a limit sell order, to enter the market. If number 2 occurs, I will wait a rebound on the resistance above us , and there, I will insert a limit sell order, to enter the market, with a target first of all on the neckline, and if this level will be broken, I can think about going on, up to the next support level. Trick It's very interesting the fact that the Neckline is exactly where two Senkou Span B extensions are. Ichimoku + Price Action is a bomb. Let me know in the comment below what you think about this pair :-)
by MartinaAndreaProvenzano
Hindalco : Breakout Off of Daily coupled with 15 Min TFHindalco 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 enter into the trade. Targets can be around 207-210 or one may trail the Stoploss. SL should be at around 198.30. Good R/R Trade. It may take a day or two to reach the targets.. so I'll keep you all updating on this, Stay Tuned :)
NSE:HINDALCOLong
by RJUN
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