A step back into the stock market, because this one has stunned me, because it just keeps dropping! Now just because a price is dropping does not mean we should think about loading up, because this can get you hurt very badly in any market. We need to wait for a reversal sign in order to establish a potential bottom due to the fact JMIA is in price discovery...
I m not sure about the shape is forming now. This is 1 hr chart and we are able to see it above 10K if this continues and we stay above green line things will br positive.
from 5 min to 1 hr chart all i see is doji candles. which means caution. uncertainty and indecision.
we think from nw it will go up.
all longs ready. now whales will pulll that down.
RUBI moved into overbought (MFI indicator) territory after a cup and handle formation. Will set a tight stop at the peak of the gravestone doji and look to sell before earnings. If this eventuates, it could form a larger cup and handle formation, something to keep an eye on after earnings is released.
.. .. Tic by Tic Bitcoin Scalper
A groups of technical indicators to find entries & exits at exact reversal points..
The Mighty Doji along with decoding the visual data allows this...
( If only my TA & frame of mind could be up to the challenge! )
What else does one do after getting supremely REKT by the...
The red trendline is a key level, if we drop below 11k, most likely will see lower lows for the next few weeks.
Most recent doji showing indecision, could lead into a reversal or more down trend. Watch the 1,2,3,4 hr charts for hints for the next daily.
If the next daily candle printed is green, put on your moonboots - 13k and beyond.
This is not investment...
We hit the resistance, now its pretty clear that we will hit the block i drew in, its an "doji" candle time zone, as I call it, at that time the market was indecisive, now as we hit equilibrium we can see that its now decisive, with an clear long position.
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Beautiful spinning top formation in Key level 9000. Also 78.60% respected 2 times. To add another position wait for daily closure. The break below the counter trend line invalid this idea.
If you like my ideas give this post a like, its free.
Dm me if you whant to trade like me.
"trade what you see, not what you think its...
1.13478 top level was reached after a sharp bull trend. Prices settled on a resistance zone and were subjected to a bear pressure. After a strong reversal signal on June 12th, the odds of a bear trend became higher.
Possible targets : @1.12000 (+75pips) and @1.11200 (+150 pips).
Advice : Stay bearish and sell at any high point while we don't break the...
Thot Process for this move:
Relatively significant downward trend on daily chart that leads into 2 DOJI that indicate loss of downward momentum as the bears have lost control of the market, leading into a reversal indicator of a Bearish engulfing showing that the bulls are making a push after the price hit a 3 times tested support in the weekly chart.
We once again bring you a possible opportunity to bank some pips !!
This time the pais is XAUUSD , wich at the moment is at a very strong Resistance since 2016.
At the 1D chart we can already see a Doji candle, wich can indicate the reversal we are looking for, however i recomendo to wait for confirmation before entering.
Better be safe than...
1358.5000 top level was reached after a sharp bull trend. Prices settled on a resistance zone and were subjected to a bear pressure. On the daily chart has formed a lower doji bar, confirming a rejection by the bears to drive the prices higher. 1360.000 is an iconic level since 2016 and prices tend to plunge every time they reach that strong resistance area. Odds...
My long trade published yesterday was touched to the Tee and the close of the 4H candle was a doji , perfectly align with my zone and 78.60% As always use stop losses because the market right now is deciding what to do, but in the mean time you can play with the zones and with candlestick analysis to find confluence in the market.
"Enter correctly, let your...