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Doji

Gold Doji Candles & $1700 On Deck#gold #gc1! – Gold has been trading in the upper end of its three-day range after selling off last week with other global markets, and the reversing back to the upside this week. Candle 1 shows the selloff back down to $1,560 last week. Candle 2 is a long-legged doji, or sign of indecisiveness in traders as they pushed price higher and lower during the course of the day, then ultimately closing price near where it opened. Normally the direction after a doji candle indicates the future trend. Candle 3 shows the reversal back to the upside after trader indecision the previous day. Candle 4 shows shows trader indecision again at the upper end of the weekly price range. Orange lines show the upper end of the range and where price is holding for now. I’m expecting a push higher on today's candle pointed to with the arrow as price is holding within the upper end of its three-day range. Ultimate resistance is shown in red, up near $1700. A push and close above that level would put $1750-$1800 on traders radar going forward on the march back to all-time highs near $2,000.
COMEX:GC1!Long
by PrepForProfit
EUR/USD - ShortI am looking to take this pair to the downside, however, we are still very bullish, today is the first bearish day we have seen. 4HR - We have seen a previous Doji candle and then coming down to touch the double bottom, bouncing off support. I would like to see this close below support, test as resistance to then take the short. Keeping in mind that we do also have the double top resistance area above that we could potentially touch first. No rush on this I will be watching closely for the right entry.
Short
by AaronSLuce
BTC first more significant correction/wick bellow 10250$.BTC first more significant correction/wick bellow 10250$. So far forming a hammer doji , but we need more information before confirming/assuming a more positive directing. The situation can easily turn and the hammer doji can transform into a hanging man pattern quite easily. So far staying neural to moderately bullish. Remember not to over leverage your trades as moves between 3-5% will happen more often than you think (especially at resistance).
BITSTAMP:BTCUSD
by megaprofits
CIMB: Long Term Reversal with Supported Year-LineThank you for your continued support :) Strategy: Moving Averages Formation Bias: Bullish As seen in the chart, the Year-Line is a strong indicator of trend. Around late Feb 2019, The price managed to closed above the Year-Line for a few days before rejecting and continued downward sliding. This time, not only is the price holding comfortably above the Year-Line, it also found support when it tested the Year-Line with a doji candle on the 4th Dec. Entry: 5.30 Stop-loss: 5.19 1st Target: 5.61 2nd Target: 5.77 Gentle reminder: Plan your trade and trade your plan. Peace out!
MYX:CIMBLong
by ShareWorldConsulting
TECFAST, Rebound on Support, Any Meat Left?Bias: Bullish. When the correction hit FOUR classic technical conditions on 29th Nov 2019, the next green candle on 2nd Dec shows promise of a swift rebound. Can you guess what are those FOUR technical tools? Ask us in the comments below! It might be slightly late to the party now, so let the buyer beware. Stop-loss: 0.385 // The recent low point. 1st target: 0.490 // Previous high as minor resistance. 2nd target: 0.520 // Historical resistance as major resistance. Gentle reminder: Plan the trade and trade the plan. Trade at your own risk. Stay tune! Guys, if you like the idea, please "like" it, this will be the best thanks. If you have any questions or trading ideas, please post them in comments! Thank you for your support, we appreciate it.
TLong
by ShareWorldConsulting
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