One of the signals we mostly use is the #japanese #candlesticks, it gives you a good perspective of the market's sentiment. Fundamentalists are saying that the USD will lose some valuation this year, and this is probably the best signal indicating that. This is a #hammer #candlestick signal, it indicates the end of a trend, reverse. This signal is too good to...
ADABTC made a small inverted H&S pattern, with the head around 11th Dec, then broke the neckline of a larger inverted H&S on 21st Dec, worth noting that the right shoulder of the larger H&S is a bit dodgy. I beleive it may be a little early to call for a full reversal as we need to see follow-through on the higher timeframes. The fibonacci fan and trendlines...
X had pulled back to the 0.618 of the 6.15-47.6 rally! Yesterday it had a quite strong bounce off that and formed a daily hammer! I'll be interesting in taking the long yo Let's see how it goes!
I believe that it is possible to beat the market through a consistent and unemotional approach. This is primarily achieved through preparing instead of reacting. Click here to learn more about how I use the indicators below and Click here to get my complete trading strategy! Please be advised that I swing trade and will often hold onto a position for > 1...
Now another 2 signals appear on the market, since the third peak of convergence appeared on MACD, and the indicators are resold. In this case, the stop loss is very close. + We are on the support line and see the hammer, analyzing the candles. First target 6366
What Is a Hammer? Considered a reversal formation and forms when price moves well below open, but then rallies to close near open if not higher. (inverted hammer is the mirror opposite) Forms a candlestick with a long lower shadow (tail), and a small body with little or no wick–looks like a hammer, or mallet. (inverted hammer is the mirror opposite) Depending on...
There are still two days left before this inside month breakout ends. Here we got this nice little pullback to previous 4hr demand zone, Also, it has a nice hourly hammer as a confirmation entry! Kinda a worth taking long! Let's see how it goes!
Way above beat earnings. A shake-out news article about concerns from 2017. Tesla forms a STRONG hourly bullish hammer.
A very very important set-up that I believe stock traders over the world are talking about how to deal with this daily hammer. For me, quite simple that it's almost a perfect combination. Whatever the result is, this set-up definitely worth some long trades! Breakout, pullback, intraday momentum trades, and etc... Also I'll take this perspective into individual...
Fine bullish hammer (pinbar) off 38 Fibonacci support. There are bullish engulfing and bullish harami patterns at previous candles as well. I expect price to shoot to the next Fib extension. Trendlines after CLOSE. MFI (14) oscillator confirms long position( turned from oversold up).
I have just opened a position with a stop at the minimum of the day: high volume, green Marubozu almost consolidated, and it is also designing a hammer in the monthly graph. Quite promising!
Daily hammer almost consolidated. Higher volumes. Is this the beginning of a new bullish?
You can place this trade when the market opens. its a fine bullish crab pattern with healthy risk to reward ratio. check the main chart for immediate entry, SL and TP levels. i will keep updating this thread regarding any scenario. stay tuned and happy trading
Downtrend started in January could end shortly, at least for a mid-term period, where we should see a bounce until 250/260. Let's see if the hammer will be confirmed in September.
BMFBOVESPA:GOLL4 gives a opportunity doing a hammer today far from sma more importants.
There's breakout of trend line but shape of candle is not so good for Bullish Market. Let's analysis BTC~ If you are busy, you can just read below briefly 'A. Briefing ' 'D. Summary and Strategy' before read, click '+Thumb up, +Follow' :-) A. Briefing . Breakout of trend line on daily chart. . Hammer -> inverse Hammer . Descending Broadening Wedges B....