Long Call! BINANCE:ETHUSDT Consolidation Broke! Trend Line Broke! Made Big Bullish Candle! Application of Ffibonacci retracement for corrections
CADJPY has a potential Bearish Bat Pattern that completes at 106.77. A candlestick pattern confirmation is important, and that's because there's a Potential Bearish Butterfly Pattern on the Daily Chart. There's no need to be over concern about that; as long as you are following the trading rules, it will be fine.
The Bearish Deep Crab Pattern completes at 86.05 which is within the structure retest on the daily chart, a perfect setup for counter-trend traders to head in for a shorting opportunity.
GBPUSD is on a very bearish trend. Trend traders who are looking to ride on the wave can wait for a candlestick pattern confirmation at 1.1943 to head in with the Bearish Bat Pattern setup.
The Bullish Deep Crab Pattern on the Daily Chart might not form up, and even if it did, it might not be ideal. However, if you have long based on the counter-trend trade on the Bearish Parallel Channel, congratulation is in place.(check out last week's chart at the bottom of the tradingview link). Alternatively, you can wait for the Bearish Shark Pattern on the...
Yesterday, EURUSD created a new low and it reached 0,9950. Today, we can actually expect a test of that low and eventually a breakout. We will be looking for a possible move up to around 1,0120
The main questions that we get right now are if that's the bottom and are we going to see a reversal. The downtrend is really strong and we're expecting to see a breakout of the 1,0000 level. Right now, we're in a pullback and we would expect to have more selling opportunities once it ends. Such opportunities would be if price manages to push higher to around...
Hey everyone, today we have a nice bullish setup on gold based on a bullish Crab (harmonic pattern) which is a pattern with a very high winning rate of 90%, so this trade should go well. Also there is the bullish engulfing which is a trend reversal candlestick where the buyers engulfed the whole bearish candle, meaning that bulls took all the strenght from the...
Short Call! FX:USDCHF It seems like USD/CHF initiates a downtrend on an hourly timeframe. Application of Dow Theory Candle Stick Patterns
key levels are some strong they can send the price up or down To create a leve first 1 Go to daily time frame and find 3 candles that touch exactly with red Horizontal line when you finish drawing all lines in daily time frame go to 4H time frame and do exact the same thing that you did in daily time frame if you found 2 key levels are to much near you can...
Like we said yesterday, the strong psychological number of 1,000 is suitable for a possible pullback. As of right now, it hasn't gained momentum yet and it's still possible to see a further push down and price trying to break below the parity level. In case of price bouncing back up, we could wait for 1,0150 and then look to enter short again!
Long Call! FX:USDCHF Take long with RR=1:1! Application of Dow Theory Candle Stick Patterns Supports and Resistances
Let's trade using supports and resistances! Take a short when it rises up to R1 and make a bearish candle pattern over there.
This morning EURUSD was a few pips away from its parity price. The downtrend is still strong and we will be looking for levels below 1,0000. This strong psychological number will most likely cause a pullback due to profit taking and stop loss hunting. If this happens then it will look even better for short positions. We're not looking to buy the EUR here on...
On Friday we had a downtrend continuation and a new low. We will be looking to sell again, as soon as price gets around 1,0200 and it then reverses. The candle wicks will give us a good entry signal. We're expecting to see a retest of the low and a breakout as well.
Tata motors look good to add at cmp 441 till 390 with day closing sl of 348 for tgt of 462 512 536 and final tgt of 603.70 Study shared by _ Raj217 Only for study purpose.
Hello dear friends According to the candlestick pattern on the weekly time frame, I prefer to look for more buying positions on this chart, so I will look for more bullish price patterns at these levels.
Long Call! BINANCE:ETHUSDT Ethereum on the Bull Run! Application of Dow Theory Candle Stick Patterns