There are two quite visible head and shoulders formation on daily or weekly chart. THere are two gaps based on the weekly chart which are very nicely respected by current market. I market with yellowish rectangle the perfect rejection of the attempt to go higher. GAP erased all gains and pushed pair lower. I don't see reason why this pair couldn't go as low as...
Near by support. Candle sticks are showing buy signal "doji followed by bullish reversal".
This is daily chart on which I marked few important candlestick patterns. We can see here clearly three white soldiers, engulfing candle and doji candle which was rejected after trying to breach psychological level 10k. I marked on the bottom of the chart GAP based on the weekly chart. I would expect for this pair to reach 0.0022000 level first and then...
Validated confluences 1.Trendline broken 2.Support broken resistance validated 3.Doji star in resistance zone 4.Trend Trading monthly, weekly, daily bearish sentiment 5.Profit margin 1:3
Taking a step back and looking at the Weekly ETHBTC Chart, we see that the TDSequential Indicator signaled a Buy Trade (Red 9) on the week of December 5th, 2016 around the level of .01 BTC. This level held steady until the breakout in February 2017. When the market finally reached exhaustion, we were signalled a Sell Trade (Green 9) on the week of June 19th. ...
---- ANALYSIS ---- ... After breaking above Daily S/R line (1.3050) on Jul-14, price retraced to roughly 1.3000 ... Since then, Price has tested S/R line repeatedly and formed five (4h) doji candles within the last 24 hours ... Expectation is for possible Bullish breakout above 1.3050 in the 50-80p range ---- ACTION(S) ---- ... Waiting for confirmation of...
NZDJPY - After 7 consecutive bullish weeks last week price has shown bearish signs closing as a long legged doji at monthly resistance,also price has formed double top a bearish close this week would confirm shorting oppurtunities.
BAC is in the resistance of 24 USD where it have been for the past days, if the daily candle close like a shooting star of a doji, I would expect to see BAC in 23.35. If gets here, we could see a double top to continue short to 22.70. KL: 23.85 SL: 24.35 TP1: 23.35 TP2: 22.70
Weekly doji has formed on this resistance level R2 monthly pivot, there's some divergence on the daily as well. If we have a break of trend support, take a short position towards the next support level around 1.46, possibly second take profit around 1.44 monthly pivot.
On the 4 hourly chart we see resistance with the long tails / Dojis in the candle price action. They appear to be respecting the Major resistance line which has previously been a major Pivot or Swing line. A lot of selling activity and short positioning may be occurring here. This might be reinforced with the poor US Economic fundamentals, poorly received Trump...
The Title says it all, the super doji indicating it.
Fibonacci retracement 50% is a very good place to enter the market with low risk and high reward possibility (see link) . I found many interesting patterns on this chart. Blue rectangle is showing head and shoulders formation on 1H chart. Engulfing candle on 4H chart There is Doji candle suggesting strong buying power at the 50% level There is also GAP from...
Siri has formed a head and shoulders pattern after a strong uptrend since it was $0.04 in February of 2009. Some notes: - Monthly indicators show the stock is well overbought and due for a pullback. Daily indicators show the stock is oversold after pulling back from $5.53 (52 week high). I would look for the stock to consolidate momentum near the neckline prior...
On April 24, 2017, four major ETFs based off major indices made suspicious movements. DIA and SPY achieved a doji symbol while IWM and QQQ achieved a spinning top. All of these symbolize indecision on the part of bear and bull traders. By the end of the day, there was little to no change between the Open and Close prices of the aforementioned ETFs.One of these...
I think bitcoin is heading much higher this year. But first some consolidation as indicated by a potential batman cowl from early march until now. Strong resistance at 1250 USD. The Bearish Hangman candle could indicate a move back down to line 2 and potentially the 38% retracement (~1120USD). Even stronger support at the 100 day moving average (currently ~1080...
my comments on the graph, thanks for looking. I hope we moon but..
Looking for confirmation on a double top on monday next week. - Earnings on Thursday (4/27) next week
This Idea is related to the previous one which is linked. Pair managed to go above psychological level and established nice support there ( doji candle marked with orange tick). I placed on the chart trend line (red) and brown where pair will find strong resistance. In My opinion next level is 0.01776000 and then probably 0.020000. 200 Ema should help ascend....