Popular Today
Popular Today
Popular All Time
Newest
Charts and Videos
Charts and Videos
Charts
Videos

Candlestick Analysis

Candlestick analysis focuses on individual candles, pairs or at most triplets, to read signs on where the market is going. The underlying assumption is that all known information is already reflected in the price. The technique is usually combined with support & resistance. Each candle contains information about 4 prices: the high, the low, the open and the close. A candle body reflects the net price movement between open and close while the wicks show reversals that occurred within the timeframe of the candle.

Each candlestick, therefore, provides an easy-to-decipher picture of the price action. The length of the wicks versus the length of the body in combination with whether a candle is bullish or bearish, can be used to determine a signal for the price action to come. Common candlesticks that are used in this analysis are dojis, spinning tops, hammers, engulfing candles, pinbars and inside bars.
Nshan Nshan XAUUSD, 1W,
XAUUSD: XAUUSD for the upcoming days
310 2 10
XAUUSD, 1W
XAUUSD for the upcoming days

After a long prediction on Gold, we reached to a perfect result and wanted to share with you. The chart shows how it may work, but we want from you the following: 1- To book great profits, watch carefully how the price will close every day. 2- Use Fibonacci tool to enter and close the trades. 3- Be fearless and don't be greedy: (for small accounts) - don't ...

StockGuild StockGuild BTCUSD, 1D, Long ,
BTCUSD: $BTC #Bitcoin Reaches tipping point of breaking through
251 1 7
BTCUSD, 1D Long
$BTC #Bitcoin Reaches tipping point of breaking through

Bitcoin is on the move again and it looks to be ready for the second major leg of its bull-run past 20K. Here are the important levels to watch for a break on the way up: 9K First major break for confirmation 12K The absolute confirmation that the second leg is in formation and it will continue forward past this year's ATH of 19.5K 15K Resistance level 19.5K ...

Trueman23 Trueman23 NZDCAD, 1D,
NZDCAD: Nzd Cad Up Trend Technical broken
9 0 1
NZDCAD, 1D
Nzd Cad Up Trend Technical broken

As we see we have broken the Higher Highs to the downside with a SHS formation at the top and we have a break + follow through through the trendline . Now we have a big pinbar right on the well respected s/r level which could lead to a nice pullback in direction of last lower high (right shoulder) But as we have also break the upward trend from technical view ...

MohammadKhizarMasood MohammadKhizarMasood EURGBP, 240, Short ,
EURGBP: Short
40 0 3
EURGBP, 240 Short
Short

Strong Rejection at a major daily Level.

xtrade2015 xtrade2015 DXY, D,
DXY: analysis
21 0 2
DXY, D
analysis

analysis

Lasha-GiorgiChivadze Lasha-GiorgiChivadze IOTUSD, 60,
IOTUSD: Iota makes little correction before new highs.
200 0 4
IOTUSD, 60
Iota makes little correction before new highs.

Iota successfully hit 1.99 resistance and it is giving a reversal signal. Doji candle has been formed , RSI shows overbougt and Macd MA-s are crossing, so we have good signal to short on correction now. reversal for buy point is at 1.80 level, because it is already Fibo Zone and there is strong support Line, for this time RSI and MACD will be in a good position ...

MarcPMarkets MarcPMarkets GBPUSD, 1440,
GBPUSD: GBPUSD: Attractive Location For Long, But No Setup. Yet.
559 0 17
GBPUSD, 1440
GBPUSD: Attractive Location For Long, But No Setup. Yet.

GBPUSD: Price is forming a pin bar on top of the bullish trend line which also happens to be in a minor support zone. This is an attractive place to look for long swing trade setups or to lock in profit on shorts. The 1.4131 to 1.4065 zone (.618 of recent bullish swing) is a lower risk area to participate in this market which is somewhat bullish on the short ...

MarcPMarkets MarcPMarkets ETHUSD, 1440,
ETHUSD: ETHUSD: Looks Great, So Why Wait? Resistance Zone.
7271 30 114
ETHUSD, 1440
ETHUSD: Looks Great, So Why Wait? Resistance Zone.

ETHUSD update: These markets won't pull back, but do not get sucked in by the fear of missing out. Risk of a retrace is high within the current resistance zone even with the new long signal that has just appeared. As Andrew recently told some of his followers, "No trade is a trade". The 503 to 541 resistance zone (.618 of recent bearish structure) is a minor ...

MarcPMarkets MarcPMarkets BTCUSD, 1440, Long ,
BTCUSD: BTCUSD: 6900 Trigger Near Upon Subtle Bullish Signs.
7238 14 177
BTCUSD, 1440 Long
BTCUSD: 6900 Trigger Near Upon Subtle Bullish Signs.

BTCUSD update: The initial bearish trend line is clearly broken, and an inside bar has appeared (previous candle). All of this is happening around the 6805 reversal zone boundary. This market is still in the process of setting up for a broader move higher in my opinion. Here is the swing trade trigger to look for: Long 6900 Stop 6488 Target 7460. R:R Approx ...

tntsunrise tntsunrise USDCAD, 240, Long ,
USDCAD: USDCAD AB=CD Formed
8755 17 150
USDCAD, 240 Long
USDCAD AB=CD Formed

USDCAD AB=CD Formed and 4h inside bar break up and retested therefore we can buy USDCAD now SL 1.2580 TP1: 1.2650 TP2: 1.2733 TP3: 1.2858

NickPadovani NickPadovani TRXBTC, 1D, Long ,
TRXBTC: TRXBTC- Trade smart, not hard!
1615 3 20
TRXBTC, 1D Long
TRXBTC- Trade smart, not hard!

Hi guys, I have created this to help you learn from the mistakes that I have sadly had to make first hand. I'm not telling you these things to shill this coin or screw you out of gains, but rather to help you secure them, because losing money isn't fun, as you likely can imagine. The hardest lesson I've had to learn thus far is that sometimes it's better for your ...

CNYANG CNYANG USDCAD, 240, Long ,
USDCAD: long UC
36 0 2
USDCAD, 240 Long
long UC

yesterday we can see a big momumtem candle break the structure:1.26235,and today the price is pullback farther more,1 hour ago we can see an insidebar was up break,that's would be a singnal telling us, the bull power was take over the trend. good luck !

Justinwjolly Justinwjolly BLK, 1D, Long ,
BLK: Blackham smart money coming in?
143 0 3
BLK, 1D Long
Blackham smart money coming in?

-3 Week pennant -Huge volume at 0.035 floor which has served as support in the past -There has been a notable shift from illiquid pinbars, blocks and gaps, to liquid, normalized trading ranges -Bol Band squeeze on the daily signaled this potential reversal Willing to take 30 basis points of risk on a break to the upside. The scenario exists that there could be ...

MarcPMarkets MarcPMarkets BTCUSD, 1440,
BTCUSD: BTCUSD: Lower High To Failed Low? Or New Low?
5432 13 126
BTCUSD, 1440
BTCUSD: Lower High To Failed Low? Or New Low?

BTCUSD update: Price establishes a pin bar at 6425 which emphasizes the relevance of the 6805 reversal zone boundary. Now is when things get tricky because this market is not in the clear yet when it comes to broader bullish momentum. The 7492 resistance level is still intact as well as the nearby bearish trend line. What does all this mean? The broader bearish ...

BTCookieMonster BTCookieMonster BTCUSD, 240, Long ,
BTCUSD: BTC Double Bottom Divergence
569 4 9
BTCUSD, 240 Long
BTC Double Bottom Divergence

This 4 hour chart shows a double bottom of BTC with rising RSI and MACD...a significant spike in price is to be expected

gjmullen gjmullen XLMUSD, 1W, Long ,
XLMUSD: XLM WEEKLY BULLISH REVERSAL PENDING CONFIRMATION AT SUPPORT
485 1 4
XLMUSD, 1W Long
XLM WEEKLY BULLISH REVERSAL PENDING CONFIRMATION AT SUPPORT

Stellar looking stellar as wave up pending possible confirmation of support. may take another week to play out.

CryptoWildWest CryptoWildWest GVTBTC, 240,
GVTBTC: Genesis Vision/ Paving the path to $100
773 2 15
GVTBTC, 240
Genesis Vision/ Paving the path to $100

GVT is fundamentally an amazing coin. One of the only coins at ATH in BTC during the bear market. -Upcoming releases of their investor platform with many big names backed behind it. -Low circulating supply. -Low total market cap. -Alpha testers really really like the product. Guess what Crypto is missing to? -Infrastructure, which is exactly what GVT is. ...

measax measax BTCUSDSHORTS, 240, Short ,
BTCUSDSHORTS: BTC Short Chart... History repeating itself?
531 2 4
BTCUSDSHORTS, 240 Short
BTC Short Chart... History repeating itself?

This is for educational review. This is not financial advice. Wanted to show that a short squeeze can move the price up impulsively on the flip, but doesn't indicate a bull market. More likely just the big boys taking retail heroes money who don't have enough margin to cover shorts. Everyone was eyeing 7500 as a stop loss but the real stop loss is at nearly 9K ...

Show More Ideas 123456...56
EN English
EN English (UK)
EN English (IN)
DE Deutsch
FR Français
ES Español
IT Italiano
PL Polski
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
Browse
Video