1. Daily Doji candles for 3 days suggest ending a downtrend 2. Trend line daily 3. Supported by 50 and 200 SMA 4. Bullish bias because of risk-averse nature as the covid new variant is on rising
TopGlove.. Not every candlestick pattern "counts" Depend on where/when it was "found"...Is is a "valid" counts?. A "doji"? A "Pin Bar" A "Good" Morning Star? on not 1 minute but monthly chart..?..( Wait,, Not yet), wait until it closed monthly bar after 30/Nov/21
As I shared this morning, I hoped for a daily close abve the high of the yesterday doji candle. The price managed to close higher than that and this is to me a great sign of possible reversal and confirmation of the rebounce from the 20$ level. I just would like to mention that the last two times the RSI touched the oversold territory (May and July 2021) the...
RocketLab has a few catalysts coming up. The sell off was due to the PIPE being unlocked. This isn't a high redemption SPAC pump and dump, I don't expect this to fall any further than $12.30. Strong buying there. Nice doji reversal on the weekly with selling pressure easing on the indicators. Cost to borrow is going down which indicates it's not as...
coal india has formed a doji in 1hr candle today and the rsi is in over sold region better to buy at gap up for swing only buy-160.8-161.2 t1-170 t2-175 t3-184 stoploss-153
A close under $4614 will be bearish for this pair on the HTF. Big reversal signal if we close as a bearish doji like now. A top wick before breaking the low of this current weekly candle. The previous weekly candle closed below the ATH and now this is looking like a liquidity grab before a move lower. A weekly close above the previous ATH would be bullish.
1)On Charts : Charts consist of 3-Dimensions - The X-factor ( Time or Cycle ), The Y- factor ( Price Geometry ), AND The Z-factor ( The Speed ).. 2)On Elliot Wave / Market Structure : Unlike Textbook written rule : ALL Impulsive wave comprise of ONLY a-b-c sub-waves NOT 1,2,3,4,5 waves.. AND there is NO Truncated 5th wave BUT ONLY wrong wave counts...
Hello traders and investors! Let’s see how the SPX is doing today! Last Friday, we had a classic Doji candlestick pattern in the daily chart, which wasn’t triggered today, so we have no pullback confirmation yet. However, we have more key points to work with right now. Besides Friday’s Doji, if we look in the 1h chart, we see a sideways correction to the 21...
With everything else absolute, this is more bullish than bearish candles. Statistic and live trading VS books, theories & paid subscriptions. Both of our studies since 2012 & sine 2016 presented before you below there is more chance to go up rather than down . That said, the formation and the recent strong bullish momentum might be favoring the other 43% of a...
PYPL is currently on a downtrend, but there are multiple signs that the current trend might reverse. Price is falling while the Commodity Channel Index is rising - this is a very obvious divergence ... and an indication of a potential trend reversal. Taking a closer look at CCI and Price, we also see hidden divergence a couple of days ago (lower lows vs higher...
WEEKLY (W1) Prior week a "SHOOTING STAR" had been triggered which has been followed, last week by a "DOJI" which is adding further pressure to the downside as an uncertainty and indecision is growing... So what next ? Well, in looking in this weekly picture, the first significant support level @ 58'100 has been tested with an intraweek low seen last week @...
Such an odd DOJI candlestick on the $F FORD daily contained above a gap up from the previous day. I know a DOJI needs to open and close at the same relative price for the day, but is it still considered a DOJI on a gap up? Please help!
Hello traders and investors! Let’s see how the SPX is doing today! The index is going up nicely, but the candlestick in the daily chart looks enigmatic, as it is almost a Doji. The long shadow above the daily candlestick is annoying for sure, and kind of ruins the bullish momentum. Since October 13, it seems the index deserves a pullback to the 21 ema again, at...
TP and SL is not constant. high probability with R:R of 1:2
USDCAD 4H short R:R 1:3 trend continuation high probability
TP and SL is not constant. high probability with R:R of 1:3
Hey guys, in this video I'm going to walk you through my higher timeframe analysis on the $DXY & show you how I create a directional bias on the higher timeframes followed by what clues I use for added confirmation as I work down to the lower timeframes & look for potential reasons for entry. Please hit that LIKE button if you enjoyed the video & also don't be...
NASDAQ:CAR Some short signs: 1. The RSI index which is already a month above 70 !! And today at 83.21 2. The stock in 7 consecutive days of gains (and after more than a month of rising trend) 3. The stock does not have too much reason for these rises, the company is profitable and everything is good but there were no significant surprises and news 4. The stock...