As you can see easily we expect from gold to go for new lows,
reject from important resistance with crazy EVENING STAR PATTERN, which is one the best reversal trend patterns in candel stick analysis,
time frame : 2H
stop loss : proteced by
1. lvl 50 fibonachi retracement
2. important supply area
3. important bearish candel stick pattern
4. important 20 EMA for...
As you can see in EURO/USD there is a very strong daily candelstick pattern which you know it as a EVENING STAR!
What is an EVENING STAR? An Evening Star is a stock-price chart pattern used by technical analysts to detect when a trend is about to reverse. It is a BEARISH! candlestick pattern consisting of three candles: a large white candlestick, a small-bodied...
Its not a double top untill reach my target! But the price failed in the creation of the new high and we can see a good reversal here.
We also have this very strong bearish candle as a confirmation, a shooting star candle and a triple candle formation Evening star 📉📉🙌⏳
NZDUSD-D1 chart here's we have candlestick patter "Evening Star" before that there is bearish pin bar with a bullish body but after that trend is bearish and bearish pressure at peak. We can take sell still in this pair with money management.
SHORT NZD/JPY! Reasons:
- Nice EVENING STAR
- MACD seems to be getting bearish
- STRENGHT BULLISH MOMENTUM is gradually declining
Target price should be towards the support line
Remember to put a stop loss in order to secure your capital!
Not a financial advice.
Enjoy your trade!
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Evening Star Pattern in the daily timeframe. Patiently waiting on the close of current daily canlde and also the cross of priceline below bloodline to confirm sells. Monthly structure will be OHLC if a Tdi cross happens. Perfect target after the cross will be yellow liquid 50 line .
WE had a nice daily closure. The price made a complete nice Evening Star candlestick pattern affter this fake breakout.
We have this wedge pattern channel that must be completed, the only wall here is this support zone.
Rising wedges are continuation chart patterns.
Evening stars are bearish reversal candle patterns. Price usually pulls back to the middle of evening star body.
Target Woodie yearly S3 - previous swing low.
Price almost never go below Woodie yearly S4, that is the ultimate bottom.
AT&T stock look likes it ready to make a huge move to the downside =.
It appears to have shown several sell signals, informing that there is a lot of bearish pressure.
I have analysis of several different time frames, like comment and follow.
I'm open to all differing opinions, maybe you see something I don't, if so feel free to drop a comment...
After a very long ranging market trend , the GBP_ZAR has finally given a bearish signal from the Evening star shown in the blue box above in this analysis. I strongly support a sell move from the analysis of a 4hr timeframe. Please drop your own views and idea. Thank you.
$HAS is half way thru an evening star pattern on the daily, and by the looks of the volume… seems it wants to keep falling, completing the pattern…
Zooming in the 30M chart, $HAS closed on a red candlestick with plenty of volume to end the day, while also closing below the 8MA(green line) & 21MA(yellow line) AND near/testing on intraday support (refer to the 5M...