FX:USDCAD   U.S. Dollar / Canadian Dollar
1867 9 67
WAIT..... and we'll see...
If this analysis will appeal to many traders, we will post some updates in the coming hours.

Thank you for your support and trade with care!
Comment: This pattern is developed with at least 3 candles, so we just need to monitor today's close. Thank you for your support and trade with care!


just idea
+2 Reply
docelky Jahid

Looks like a classic ABC correction... Send that to robert preacher

There is also a huge squeeze on the Bollinger bands... I think it will correct to the level of the 4th wave
+2 Reply
very nice analysis Docelky! Thanks for share it!
+1 Reply
thought Morning star was at a trough. I call this a hanging man
Either way it is a guide for trend reversal.
+1 Reply
I disagree, but I respect your idea. Thanks for share it!
+2 Reply
I call that three candles pattern "evening star" when bearish "morning star" when bullish, but I think names are not very important the most important thing is what the formation means.
+1 Reply
tst DoNotFolloWmE
Yeah "evening" at the top of up trend and "morning" at bottom of down trend but to be a star there should be a gap in price also but that is MY interpretation. I think candle stick reversals are just complements to a fib level were you think a reversal can happen. Engulfing candles are also good for trend continuation and reversal....etc etc.
Walentine DoNotFolloWmE
yes, you're right, but the semantics we leave to other traders :) " ....the most important thing is what the formation mean". I agree!!!!
EN English
EN English (UK)
EN English (IN)
DE Deutsch
FR Français
ES Español
IT Italiano
PL Polski
SV Svenska
TR Türkçe
RU Русский
PT Português
ID Bahasa Indonesia
MS Bahasa Melayu
TH ภาษาไทย
VI Tiếng Việt
JA 日本語
KO 한국어
ZH 简体中文
ZH 繁體中文
AR العربية
Home Stock Screener Forex Signal Finder Cryptocurrency Signal Finder Economic Calendar How It Works Chart Features House Rules Moderators Website & Broker Solutions Widgets Stock Charting Library Feature Request Blog & News FAQ Help & Wiki Twitter
Profile Profile Settings Account and Billing My Support Tickets Contact Support Ideas Published Followers Following Private Messages Chat Sign Out