Hammer first and then bullish candle. Bulls are taking control. Good time to buy a bag. Buy @0.2339, StopLoss@0.20 ( below the green line)
Fundamental : ROE > 20 % Revenue Growth > 17 % EBITDA > 12 % Technical : Hammer formed this week SL : 1008 Target 1 : 1230 Target 2 : 1337 Target 3 : 1434 Target 4 : 1524
Hello traders and investors! Let’s see how the SPX is doing today! Yesterday, we talked about the 4,148, and how this was our key support level for the short-term. This understanding proved correct, as the moment we lost it, the market dropped sharply, and today, we almost hit the previous support at 4,062. If you missed my previous analysis, just check the link...
Hello traders and investors! Let’s see how the SPX is doing today! First, in the 1h chart, we see that it is reacting nicely, after yesterday’s crash. This is a good recovery, and might be the beginning of a reversal, the problem is that we don’t see a clear bullish structure yet, and the index is still in a bear trend, doing lower highs/lows. In the 1h chart,...
XTZ bounced on support at relatively high volume, while yesterdays green candlestick is bullish sign at least in the short term. If you don't bought the dip, you may enter the market in the next correction. The most obvious scenario is that price will rejected near the bearish trendline and return at the bullish trendline. Trading is a probability game. There is...
SPX found ground at 4231 Support. A beautiful hammer candlestick showed up on the daily chart today. A hammer candlestick indicates a potential price reversal to the upside. The price must start moving up following the hammer; this would confirm the reversal. RSI extremely oversold at 20. The Federal Reserves FOMC meeting tomorrow , and Wednesday should help...
Hi Traders! I dont Really know much about all details of the Hammer candle stick all I know is very bullish :D if you know anything about it please don't hesitate to share . RSi is back above 30 in 4H time frame! Avarage true range is going up! volitality ahead !! Still moving in bearish channel need to first break the channel ! Spike on volume! 4500 Area likely...
Techmahindra made an hammer pattern on DAILY Charts. Indicates trend recersal on the upside, could be bought for bigger targets or as BTST
We can see on the chart that there is a reverse hammer, but we still need a confirmation too see if it is going to be an uptrend or a downtrend
After the hard Fall which just occurred for Bitcoin , it managed to rally up again, leaving us with a potential "Bullish Hammer Candle". The Hammer Candle is not yet confirmed, so taking a Trade right now is not recommended. The Hammer Candle gets confirmed if the following Candle closes above the closing price of the Hammer Candle itself, ideally, with sings of...
stop loss : 85.451 Entry : 85.790 Pips : 339 Bullish trend expected
Hammer Candlestick giving off a Bullish signal to go along with Divergence on the RSI. I bought a Bull Call Spread with 42 days to expiration. You don't need a large move to make money on this move. I bought the 325C and sold the 330C for $2.38
If it keeps and closes like that in 1D, bullish signal.
today was a big flush. However looking at the big picture this is a nice place to bounce. Some people's fib saying this is 50% level. Mine says 38.2% level. Whichever the case, if you are bullish this is not a bad place to add.
#AMZN bullish signal Position: long Entry price: 3320-3350$ Target price: 3500-3540$ RSI: approaching 30 which is oversold territory Keltner Channel: the price at the lower boundary of the channel Candle pattern: bullish hammer Conclusion: Candle pattern, RSI and Keltner Channel suggest a pullback to the upside. Long position is recommended on the lower band...
bullish breakout and retest. semis have also been breaking out and holding the retest $SMH $SOXL
USDZAR Close Price 14.13530 USDZAR EMA 10 Close Price 14.08147 USDZAR EMA 20 Close Price 13.99052 USDZAR Fibonacci Retracement Level 23.6% Price 14.15898 Pin Bar (Rejection Candle) is at a higher low position.