JCHAC - Kijun BounceJCHAC going for a Kijun bounce after entering a C Clamp.
We have taken position in the stock at
CMP = 2516
Stop Loss = 2375
Target = 2900-3100-3300
Note: This is an educational idea showing how Kijun Sen can act as a moderate support. Enter any financial position after assessing your own risk / consulting an authorized financial advisor.
Kijun
Adani PortsIn monthly time frame every time in the past whenever price has had a big gap with its Kijun the trend has reversed. Once again we are witnessing similar kind of extreme range levels. Since this is monthly it could take its time, a weekly close below 495 would be a trigger for retracement till 425-400
TATA MOTORS riding upwardsGreetings Traders,
If we check on the previous crossing of TEN-KIJ, it was in the KUMO which means no trading zone.
We can see that the price, TEN-KIJ, and KUMO are not moving in a stable pattern.
The KUMO kept on switching between Support and Resistance with a gapped price movement.
The price movement will make a new high.
TEN-KIJ are moving upwards, at this point if TEN-KIJ crosses at the new high, BULLS will enter the trend with a great force.
HOW TO TRADE IN ICHIMOKU INDICATOR Greetings. Tradors,
Today we went to the ichimoku indicator and will tell that in perfect.
We have shown two lines here, one is red and blue which is red one is Kijun Sen and one is a blue line is called Tekken Sen.
When the blue line crosses the red line upwards, the movement of the market is up
And when the blue line crosses the downside of the red line, the movement of the market will be down
1)ichimoku
2)kijunsen
3)tenkensen
Thank you.
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GOLDIt has been trading within a triangle ever since it activated a Bearish Alt Bat. Above $1735 the triangle breakout suggest $1785 which is the 2nd target of a Bullish Dragon. As per Ichimoku study, the momentum for upside has a decent probability to start tomorrow. It should be noted that triangle breakouts tend to be the last of a trend, this could turn out to be an unwinding one.