In h4, gravestone doji formed so Sell USDCAD
$MELI Hitting Resistance - Candle of Death Looking over-extended with the gravestone doji on 4 hr chart - finding resistance at the 1.618 fib level. High risk short play. Short term target - $880.00 If 20d ema line is broken we could see $800 near term. Note: Education analysis, not investment advice.
Forming Gravestone Doji near in the area of resistance zone. Are sellers taking over? Stochastic momentum loosing too. I would like to go short on this pair for coming week. Watch out the fundamental news, this is technical analysis only. The profit or loss you get is not responsible to me.
Looks short to me, I note price dropped out of the ascending trend line & appears to be trying to climb back in, but, on the 1Hr we have a nice bear flag forming and on the 4Hr we have a gravestone doji. My short target is indicated with the white arrow.@$7800.
Due to the technical analysis we will have a clear change in the market to the BULLISH way and the gravestone doji is an essential effect,
Greetings. Please leave a Like if you like the idea Bearish sign on LTC is that price formed a Gravestone Doji at the hard Resistance level. We can expect a correction at least to one of marked levels. Leaving a "like" costs nothing and really helps me out; please consider it! It's the #1 thing I look at when deciding to work on future content. Peace...
Gravestone Doji - ' A gravestone doji is a bearish reversal candlestick pattern formed when the open, low, and the closing prices are all near each other with a long upper shadow. A gravestone doji is a bearish pattern that suggests a reversal followed by a downtrend in the price action' If anyone knows the best timeframes used for these dojis that would be helpful.
So, all last week the hype, and what was keeping the pumpers pumping, was good news on the trade war front. The news - talks would resume, and China would not immediately retaliate. But, there were 2 key words in there that the bulls didn't want to think about: "talks" and "immediately." Talks would resume - So what? They've never really stopped "talking."...
BA I believe is gonna have a hard time moving up through multiple resistance areas. As seen in previous post (linked) BA printed a bearish reversal sign candle in the Gravestone Doji. In trading this candle, the sell signal is the price closing below the LOD for the doji, which occurred today. Backing out a bit, you can see the loss of an uptrend support line,...
Details on chart. See linked pic for diagram of gravestone doji rules and implications for reversal. Also ran into 125 moving average resistance. I like Sept. 6th P312.50 for about .82 per contract right now. Happy hunting and GLTA!!
RUBI moved into overbought (MFI indicator) territory after a cup and handle formation. Will set a tight stop at the peak of the gravestone doji and look to sell before earnings. If this eventuates, it could form a larger cup and handle formation, something to keep an eye on after earnings is released.
Hello, The green 1 on the TD sequential setup phase looked promising when it went above the green 9, indicating that we could accelerate the 13 countdown phase to the upside. Unfortunately, this candle was also a perfect gravestone doji. Candle shape overrides TD sequential. We are still above the cloud, however, the baseline of the ichimoku crossed the...
CADJPY, along with most other JPY pairs are calling for pullback after rallying last week. After reaching an intraday high of 87.45, the pair retreated near its opening level at 87.15 forming a gravestone doji at a daily resistance area. We now look to short the pair at around 87.15-25, with SL at 87.45-87.55 Lower timeframe chart will be posted in the update...
Wait until the end of the day and see if this candlestick will close as a bearish shooting star or even gravestone doji. If yes, and price in next candlestick is trading below shooting star real body, then it could be a strong bearish pattern as we saw on Feb 20.
They are prescient and it will pay to take notice. Last couple of times it's appeared signaled a big move in the market. This doji needs to hold to Monday. If it does sell the kitchen sink.
On weekly Chart, it is been observed that there is a formation of Gravestone Doji candlestick that indicates bearishness. It forms in uptrend market to suggest change in trend. As showed in the chart, Nifty is been trending up forming new upside breakouts and waves for a while, it is been now observed with a Gravestone Doji, that indicates change in trend or...