Morning traders, Back into the market after a long weekend in both U.K. and U.S. and we are looking at the continued downtrend of Euro versus US dollar. A series of lower highs continues to form with support around 1.11 area providing a short opportunity of 90 pips. We also have the formation of an Evening star candle or tweezer top if looking on longer time...
Analyising this pair we have been in a downtrend for a couple of weeks and I noticed a slight pullback occuring yesterday. We can see that price has respected the 61.8% Fibonnaci retracement level and created a evening star formation which is a big indicator that price is going to make more ground to the downside. I have drawn in a counter trendline I will be...
Hi there, break through the resistance, then retested as an support level. There are formed a eveningstar (4H) and at dayli close perhaps a pin bar. The candelstick pattern ist also formed at the new support level. S/L: 1281,31 TP: about 1253
Good morning traders, Looking to change up our recent technical analysis examples this time with a clean trade on Euro versus Japanese Yen. The beat on Chinese gdp and Industrial production gave a risk on tone overnight leading to Yen weakening but also, for this pair, an Evening Star candle forming on the daily over the 15th and 16th. Evening star are early...
FX:USDJPY Half-Month Analysis Potential Gartley Advanced Pattern 1.272 Evening Star Candlestick Moving Averages Support and Resistance Fibonnaci Retracement Level
EURUSD - PRO CHALLENGE TRADING STRATEGY WEEKLY CHART Current Price at Weekly Sup/Res level of 1.1300 DAY CHART Previous Evening Star candle patterns created Bearish moves Watch for current Day candle to close Bearish to complete a 3rd Evening Star Pattern Previous day candle was a Bearish Pin Bar These candle patterns will confirm a Bearish continuation move...
TRX/BTC seems to be forming an evening star reversal on the 6 hour chart. A nice confirmation for this pattern would be for the next 6 hour candle to close below 800 sats. Keeping a close eye on this one.
Price has two bearish bias candle patterns - Evening Star & Spinning Top Our NEW Price Action Cheat Sheet Our New TSG Team Member Raman Gill has created this new Cheat sheet for our greatly appreciated TradingView Traders Please PM me for this fantastic trading cheat sheet This will be a very effective addition to your trading plan
We'll check next week how it is going so far... Shorting till the green level (around 2400) Thanks.
The dollar, after ending the month of December, has formed an evening star formation in the monthly chart. The MACD base on the Daily chart is also trading below 0 on the verticle scale, signalling for more bearish movement to come. The price is now retracing upwards and we can assume that it will resume falling as it retraces back to the 96.5 region.
Hello! Yesterday we completed on the daily chart a nice Evening star candlestick pattern! The trend is Your friend!
An evening star has formed right on the resistance level of the triangle. This is a strong bearish sign, especially when paired with the overextended RSI. It looks like this pair is in a perfect position to place a short trade. I believe the price would be moving down towards the support level of the triangle. I will be updating this post over the coming days.
A bearish evening star has appeared, this shows signs of bearish moves coming. The price is currently around halfway through the channel and if the price pushes down from here we could see another retest of the support level of the channel, maybe even a breakout the bottom of the channel. I would keep everyone updated on this pair but this is a signal that the...
Doji close on daily at the top of the ichi cloud, with a potential evening star Doji pattern forming. Potential supports 431, 385, 360 on the daily. A break above the Ichi and close above would be a strong bullish sign and price would likely consolidate above.
Candle Pattern: Evening star Trend: down Trend Entry: wait TP/SL Ratio Target: 2 to 1 Target TP PIPs: 40 SL PIPS: 20 Fib Entry: .764 Fib TP: 1+ Stochastic: over-bought MACD: bullish 200SMA: above BB: n/a Pivot Point: R1 Elliot Wave: Currently on wave 5 Looking for a final wave 5 low or a retest of the last low Notes: Entry placed at 764 of last swing high,...
Candle Pattern: Evening star Trend: up Trend Entry: against TP/SL Ratio Target: 2 to 1 Target TP PIPs: 40 SL PIPS: 20 Fib Entry: 1 Fib TP: 1+ Stochastic: over-bought MACD: bullish 200SMA: above BB: n/a Pivot Point: R1 Elliot Wave: Currently on wave 5 Looking for the start of ABC correction to the downside Notes: Entry placed at the last swing...
Candle Pattern: Evening star Trend: down Trend Entry: with TP/SL Ratio Target: 2 to 1 Target TP PIPs: 40 SL PIPS: 20 Fib Entry: .618 Fib TP: 1+ Stochastic: over-bought MACD: bullish 200SMA: above BB: n/a Pivot Point: R2 Elliot Wave: Currently on wave 5 Looking for new wave 5 low to be completed Notes: Evening star formed at the 764 level. Entry placed at...
Candle Pattern: Evening star Trend: up Trend Entry: against TP/SL Ratio Target: 2 to 1 Target TP PIPs: 40 SL PIPS: 20 Fib Entry: .764 Fib TP: 1+ Stochastic: over-bought MACD: bullish 200SMA: above BB: n/a Pivot Point: R2 Elliot Wave: Possibly Elliot wave 2 Looking for next swing high to fall short of previous swing high then make a move for wave 3 to the...