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candleformation

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Krystiannwk Krystiannwk LTCBTC, W, Long ,
LTCBTC: LTC correction for my previous idea Weekly Chart
137 0 4
LTCBTC, W Long
LTC correction for my previous idea Weekly Chart

If you are familiar with candle stick patterns there is interesting one here which deserve attention. This is weekly chart (my opinion is that the bigger intervals of candle stick pattern or formation are more reliable then the smaller one) I consider “rising three method” on weekly chart as a strong suggestion for continuation of bullish trend. It is not 100% ...

SpiderMan SpiderMan USDCHF, 60, Short ,
USDCHF: USDCHF
25 0 3
USDCHF, 60 Short
USDCHF

Possible Kangaroo tail on current 1h candle! sell stop @1.00140 SL: 1.00390 (25pips) TP: 0.99640 (50pips)

phi35 phi35 USDJPY, 60,
USDJPY: Gap closed...
36 0 3
USDJPY, 60
Gap closed...

Sell if the price breaks through the calculated support level (see related link). This will confirm a 5-wave move down and therefore a bigger Zigzag (5-3-5) which supports the daily chart. If not, we will have 3-wave upward move to the near of the top, so buy! The candlesticks could stay in the "Three Stars in the South" formation. (Check the charts below for the ...

VitruvianTrader VitruvianTrader CHFJPY, 60, Long ,
CHFJPY: CHFJPY Channel Re-test Breakout
22 0 2
CHFJPY, 60 Long
CHFJPY Channel Re-test Breakout

Long setup of the re-test of the channel line Low risk trade with stops right below previous structure at 103.90 area

remelthomas remelthomas USDCAD, 240, Long ,
USDCAD: USDCAD 4 HOUR LONG
179 2 0
USDCAD, 240 Long
USDCAD 4 HOUR LONG

price is pulling back into nice structure level which would be a good opportunity to get long. Buyers are clearly defending this level as they dont want price to drop into the area where Canada cut interest rates. I.ll be watching for a buy signal at this level eg bullish hammer or engulfling pattern. My long term target is still at 1.30 but i.ll be targeting ...

simontien simontien USDCAD, D, Short ,
USDCAD: AB=CD completing at major structure
92 2 0
USDCAD, D Short
AB=CD completing at major structure

Price have already been rejected on Friday but there is still some momentum to the upside in place. RSI is going overbought. Action: wait for a double top or some bearish candle formation to short

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