The first Doji candle
Any candle whose open and close points coincide is called a Doji .
The most famous and important Doji pattern is the tall Doji.
This pattern is a sign of indecision in the market. Buyers and sellers are skeptical and can not move the market in a certain direction. Contradictory news entered into it.
But eventually it returned to its...
Level A: 0.71087 - 0.71499
Level B: 0.72118
These were determined by 4 or more "touch and retrace" points on the 4 hour chart. Three Major reactions were observed with price action around these areas, and are labelled on the chart.
Scenario 1: When a trend drives the price toward Level A the trend weakens, and we see more signs of uncertainty as to where the...
early in a Dragon Fly Doji candle shape on both BTC & ETH (cause, you know, everything is pegged to BTC lol), if holds on the daily, and a green candle follows the next day BOOM! reversal will take shape
sooo ready for a climb
Take care here.
Inverted hammer/gravestone doji coming on bitcoin weekly chart.
Selling momentum accelerating. This is not a place to be going long. Swings yes, but the bear market is well and truly in.
A doji appeared in the last 4 hours of trading of Roblox. Typically a doji reflects indecision within the market where buyers and sellers cancel each other out.
When it happens at the top of a move it can signal a reversal. However, 4 hours isn't much to go on (I'd feel better on a daily chart) and these things appear a lot and often lead to nothing. So check...
I hope this post trend like as Hodl !
doge coin like this doji candles It is not clear where he wants to go :)
up or down ?
in this moment we wants support.
who is ready to hodl dogecoin ?
guys hodl doji coin !
LMND has been in a downtrending channel since March, so we are starting to identify some key Support and Resistance levels.
Recently we have bounced off support line with indicators such as increasing volume, and bullish candlesticks (bullish gravestone doji and hammer).
Stop loss: 78.31
USOIL is on its way to complete the head-and-shoulders reversal pattern. Evening doji star signals a bearish trend but the upward move denies confirmation. Wait for price to breakout resistance level at 77 to establish a Buy Signal. Profit target of 108.80. MACD higher than signal and on the upside showing bullish sentiment.
D1 : Looking at the Thursday, Friday and Saturday
candles we can see the following :
1) Thursday's candle shows a test of the bottom of the clouds @ 52'379
2) Friday's candle shows a sharp and strong reversal pattern (long white candle) with its closing above the clouds
3) After having filled the 61.8% Fib ret @ 58'060 (intraday high @ 58'549) a "DOJI" pattern...
H4 : Triangle target filled @ 1.6860 %.
Ongoing reversal in progress
Watch, on H4 closing basis, Mid Bollinger Band (@ 1.6280) as first support indicator
H1: After having briefly broken the uptrend channel (wrong breakout, doji top followed
by a long black candle ! the 10 Y is still in this ongoing uptrend channel with a first attempt
to downside breakout, which...
This is a small update to my pervious monthly and daily chart where i pointed towards the possibility of a Rising Wedge and a Bearish Crab to take us to lower levels soon. As of today we have had a strained rally above the 1.618 and look to be heading for the supply line of our Rising Wedge. But it looks like with all the indecision we are showing only just...
EURUSD has broken below 1.1830 and confirmed Inverted Cup & Handle Pattern.
Target 1.1800 and 1.1745 has been hit (Ideas: EURUSD H4 Inverted Cup & Handle Bearish View, 24 March 2021).
EURUSD bottomed at 1.1704 and rebound to 1.1915 high.
Then EURUSD formed a Doji candle and potentially corrected lower to test:
1. 1.1830 again, and
Break and hold below...
DXY or USD Index has formed Cup & Handle Pattern after breached 92.50 level.
USD Index hit high 93.41 and the corrected below 92.50 to continue lower at 92.11.
After all, USD Index form a Doji candle and potentially rebound to test 93.45.
If 93.45 break, the next target:
4. and the strongest Resistance 97.80