There is a bearish candle after bullish movement, reaching the support level.
There is a bearish candle after bullish movement.
Stochastic divergence in a channel. I'm playing this one a little conservatively as it looks to be forming a rising wedge. There is still room to move up, but keep an eye on any reversal signals after you enter the trade. I'm confident in the move up and really like the reversal candle on 10/5 right on the trend line. Buy: 17.00 Stop: 16.70 Target: 17.50 - 18.50
There is a big bearish candle after a bullish trend.
"European shares start November on a two-year high" www.reuters.com
After a fall, price has recovered with a gap and a big bullish candle.
Looks like we could head to 4000. From there, expecting a large bounce. Possibly to around the 5000 range. Watching the current 4hr candle to see if it will break and hold around the 4182 mark. Also, keeping a close eye on fib levels. Waiting patiently for a bounce.
Price has broken the resistance level with a big bullish candle.
Last red candle on the 1hr chart has a long lower wick and lots of volume. To me this signals a good entry point and the final dump off before climbing higher. Lower wick on that candle was confirmed by bullish action on the next. RSI is also looking good.
There is a bearish candle after several days of bullish trend.
Reversal candles + TL bounce = good short opportunity
Double top forming potentially Wicks telling a story Really nice reversal candles forming at Monthly Res
"Gold prices remain lower as market sentiment improves" finance.yahoo.com
A weak dollar rise the gold price with a big bullish candle. finance.yahoo.com
FX_IDC:EURUSD "The dollar .DXY, in which oil is priced, fell after Federal Reserve Chair Janet Yellen made no reference to U.S. monetary policy in her speech at the annual central bank research conference in Jackson Hole, Wyoming." www.reuters.com
USDCHF has formed a significant bullish engulfing candlestick after bouncing off a previous support level. A significant bullish engulfing on the weekly timeframe also recently closed. SL set below previous lows, TP set at previous highs.
BITSTAMP:BTCUSD After a strong bullish trend the taking of profit by the buyers of the previous days has produced a bearish candle.