EUR/USD has just formed a heikin ashi doji after a long downtrend, a possible trend reversal is imminent. The stochastic is also oversold and ready to move up.
A strong doji has formed after a retrace signifying that this retrace is coming to an end. The price has already started to move up since the doji. Stochastic has just re-entered as well after being oversold.
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D1 : Recent price action is showing a trend reversal in progress. Indeed, last Friday a "doji" (uncertainty and indecision) took place which has been followed yesterday by a bearish engulfing pattern ! Today's ongoing price action continue to move to the downside. Watch carefully the Tenkan-Sen or Conversion Line, currently @ 1.6140 as the first important support...
We saw some bearish movement on GBPAUD yesterday however it appears a weak AUD caused a bullish reversal in the pair overnight. (I am currently in UAE timezone) At the time of writing, the London session has just begun & we see price action indicating that another move down may be imminent. I observe a bearish doji followed by what appears so far to be an...
With a few hours to go it looks like we have an indecisive weekly close in the form of a Doji candle. In addition during the week my eyes spotted this Gartley advanced pattern which whilst not something I really trade any more I will note it. A chance to go long at the open on Monday if the weekly candle close still stands with a great RR and a longer term play.
Yesterday JPowell was very dovish. In summary, it's clear that the FED will use every tool necessary to achieve full employment. This implies that he'll let inflation run hot above 2% for a while. The recent rise in the US 10 YR yield indicates inflation is coming. However, JPowell said that he won't use tools to raise rates to follow the yield curve yet but...
Enjin coin has been on a massive bull run recently. The price has started to form the Heikin-Ashi system and the strong doji that has formed indicates a downtrend is imminent. Buy to cover at around 1.53
H1 : Recent price action triggered a corrective recovery towards a high so far of 56450, making on H1 closing a doji pattern = indecision and uncertainty Last candle did not managed to close above the 38.2% Fib ret @ 56097. Cluster H1 support is between 55500 (MBB) and 55250(KS); a failure to hold above this area would again trigger another wave of selling...
as we can see, gold has formed our Heikin-Ashi system, the doji formed a few days earlier however a long now is still a good trade. this looks like a turning point after a long daily downtrend. I advise risking 2 % of your capital on this trade
Over sold indicators supporting Friday Big Doji candlestick around 105 . Above 98 Short-term suggests bounce to 130-32 then consolidation or other pullback lower than 93. Battle ground around 123 Resistances: 115.2 - 123.4 - 130-132 Supports: 98 - 93 - 85 Stops for longs.
the price has broken major support levels meaning that a big move down is likely. however a retrace is also showing on the Heikin-Ashi which means there is a quick long opportunity before the short. the stochastic is still oversold and will potentially reach the overbought area before the price starts to move down. this is an ideal situation to increase your...
On the daily heikin chart, we're seeing the first bullish doji forming, which is a sign of indecision and the possible end of this downward trend that we've been in the last week. This 26% correction is fantastic for reloading on fuel for the next push higher. There's almost a 0% chance that 58k was the "top" and that we won't see #Bitcoin push towards the...
Last year, SE turned cash flow positive and posted the triple digit revenue growth quarter after quarter. It is a digital entertainment/gaming + E-commerce + Fintech all in one company and is turning into a behemoth in south east asia. In addition, SE was a favorite buy for several top hedge funds in Q4 2020. It seems like we will see some weak rally tomorrow...
Hello, dear subscribers! In the previous review, we looked at the rise in bitcoin price as the preferred scenario for the bitcoin market. In the following days, bitcoin price went up, showing a maximum of $57,700. In today's review, we want to show you a possible reversal of the uptrend. A reversal candlestick pattern may be formed on the bitcoin price chart...
As mentioned a few months back that USDJPY will hit a few bumpers along the way and 1 of it is at 106.01(chart at bottom) I've engaged in an aggressive short and that is an attribute to candlestick formation, a doji on the resistance level way before the actual movement. Once the price come in contact with the trendline, I will shift stops to entry and the...
After price maintaining around 90.40 for 3 days I expect to make a Higher High. I f we break bellow 90.00 I would consider this trade invalid for me.