Hello traders and investors! Yes, SPX is going up today, which is amazing! But, let’s for how long it will keep going. First, if you are new around here, I invite you to follow me to keep in touch with my daily analyses. And check my social media, as there is some interesting stuff there too – link below .
Ok, SPX is in an undeniable bull trend, and there’s no...
In AUD/JPY price protected by serveral important factors which:
1. As you can see , price react to EMA 22 very well, EMA 22 currently price: 1.7100
2. This Pair Price protected from bears by very important static support ( this support was a resistance , when it breaks turn in to support ) :1.7060
3. Our Trade Stoploss protected by nice trend line (...
Hello traders and investors! Let’s talk about Facebook today! It is giving us some curious signs, so, let’s talk about it. But first, if you are new around here, I invite you to follow me to keep in touch with my daily analyses! Every day I share a few thoughts with you, and I’m sure you’ll find something useful. And there is some good stuff on my social media...
There are two chart patterns formed in H4 that is Shooting star and the next candle is hanging man. If we combing these two candles it forms a spinning top.
Will the market going to fall ?
Where would be the stop-loss and target.
Any idea or suggestions, leave a comment
Hanging man such a pattern, consider initiating a short trade near the close of the down day following the hanging man.
A more aggressive strategy is to take a trade near the closing price of the hanging man or near the open of the next candle.
Place a stop-loss order above the high of the hanging man candle.
This trade has the opportunity for lower. Bear has overall taken nice control and for this good Friday, the price may continue falling lower. For further trade consultation direct message me. Happy Easter.
BTC first more significant correction/wick bellow 10250$.
So far forming a hammer doji , but we need more information before confirming/assuming a more positive directing.
The situation can easily turn and the hammer doji can transform into a hanging man pattern quite easily. So far staying neural to moderately bullish. Remember not to over leverage your trades...
A hanging man is a type of bearish reversal pattern, made up of just one candle, found in an uptrend of price charts of financial assets. It has a long lower wick and a short body at the top of the candlestick with little or no upper wick. In order for a candle to be a valid hanging man most traders say the lower wick must be two times greater than the size of the...
To be short, you can see weekly candlestick did shooting start and following with Hanging man candlestick patten and lower high in big time frame. Therefore, short is good idea for now with stop loss at 8850. Good luck for all of you and be happy!!!
Both NZDCAD & NZDCHF on the weekly Time Frame broke through the level of past support to become future resistance, the market on both of them created on the weekly 2 candles with long wicks to the south at the past support.
the next resistance for each of them is about 150 pips away so in total there is a 300 pip potential.
let me know if you have any...