GAXY has a possible formation of an "Evening Star" doji that signals a reversal after an uptrend. We may see a pull back to test 0.045 or 0.035 support levels. Although the evening start is a bearish chart pattern, I believe the incoming volume and solid momentum will hold the upward channel so I am still bullish on this one and I think this may be a good entry...
Gbpusd has broken a strong trendline which led to a lower low , it made a retracement price is currrently at the 50% fibbonacci level, on our H1 candlestick there is a formation of an Evening star which suggest Bears taking charge, stoploss slightly above the candlestick formation my 1st Target being @1.36111 2nd Target @1.35595 . Risk 18 pips , Reward 80pips , RRR 1:4
My bias for AUDJPY has changed after a evening start pattern on the Daily was formed yesterday at resistance. Could see the pair move down from now to past support.
AMZN has finally broken out of the volatility contraction triangle it's been in for what seems like forever! And with some volume as well over the past couple of days. So now what? Well, today printed an evening star candle which previously in early November was rejected at this exact level. Maybe the circumstances are different this time with the triangle...
So many reasons to take a short, such as Evening Star on the weekly, price within a significant resistance zone, at the top of a descending channel that has been respected several times. I am looking for a retracement since that will be a better entry with an improved R/R. If you like my trade idea, please give it a "thumbs up" and follow me to get immediate...
Explained everything on the chart. It's D1 time frame analysis and tell us overall trend direction. In next post i will share lower time frames possibilities. Follow me to don't miss it. . . . . This scenario will be invalid if price break the channel to upside. . . . . If you liked the idea click like and follow to see more upcoming updates. I'll be glad to know...
The asian session has just opened. During the New York session price was able to reach the previous high. After a candle that doesn't have a shadow was formed at the high, a setup was begging to grab my attention. Afterwards there was a doji and a bearish candle afterwards. This is the makeup of the Evening Star pattern. My Bias is that this is a soon to be...
BTC Weekly chart is looking like we're shaping up to retrace short term. Covid 19? Stock crash? You pick the panic, people will sell at this level and who will buy in the top 10% when we know there's a sell wall @ 20k like nothing else in the crypto world. I noted an evening star Potentially forming. This weeks candle is very young so don't take this as...
Just something I've noticed here on the 3 Day TF. Pretty scary looking evening Star Reversal, I've circled the last 2 occasions these have occurred, definitely think it's time to favour shorts over longs imo.
Evening star reversal on the weekly in this supply zone, sellers are back in control after this bearish impulse. Price now pulling back for a continuation to the downside. Look to sell the break down..
GBPJPY Price Showing strong rejection from the resistance zone. We have at 1h chart an Evening start bearish candlestick pattern as a confirmation. (this is not the 1H chart ) 📉
Trade No. #04 ''SELL MARKET ORDER'' Reasons for entering: bearish deep crab/butterfly bearish divergence evening star/abandoned baby Target: 0.733 Stop: 0.737
Trade No. #02 ''SELL MARKET ORDER'' Reasons for entering: bearish bat gravestone doji evening star Target: XAD
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 📉📉🙌⏳
LOOK AT THE CHART ! STRONG EVENING STAR PATTERN, EXPECT TO SEE BEARISH MARKET. TP: 1.1720
With Daily Close Engulf Bear, I think EURUSD still on Bear Pressure. I will take SELL Position at 1.1398 Disclaimer ON