Banknifty look very bearish a hanging man is created in banknifty and nxt day candle was open below it and close below it which support bearishness. Our target for Banknifty in coming week was ..
Target 38815 38550 38106 37574 37347
This is just something that I must alarm people about especially those that are way too new in the market right now regarding the Ethereum price action. Please don't get jebaited by this candlestick, I swear to gosh I will frown at you for even considering buying here with the SP500 and NASDAQ so much red and no confirmation. If you don't want to short, that is...
SOL broke $119 resistance in relatively high volume, but price raised only 1.67%. In conjunction with the last 3 days price action that’s a bit worrying, it’s a short-term bearish sign. Before the correction SOL may reach $150 – 145.
A nice entry point to go long is below $106.5 or after the $150 resistance breakout.
Investing is a probability game.
A technical analysis based on candlestick pattern and RS.
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We seem to be showing some weakness on the RSI and MACD in the form of Bearish Divergences.
At the same time we are at the supply line of a Rising wedge Visible on the Daily and Higher Timeframes.
We have printed a Dragonfly Doji at the Highs and if we close Bearishly today it will be an Evening Star Doji Confirmation. I'm expecting about a 30%-60% Decline from here.
Quantafuel - Intraday - We look to Sell at 32.10 (stop at 34.50)
The hanging man candle on the daily chart is negative for sentiment. Price action has continued to trend strongly higher and has stalled at the previous resistance near 33.04. The overnight rally has been sold into and there is scope for further bearish pressure going into this morning. We look...
Most DD is posted as text on my chart. Please refer to the chart for a detailed breakdown. This post is meant to purely intrigue those who may be on the fence with Ford. Todays daily candle closed as what I consider to be a Hanging Man. This is a Bearish reversal candlestick pattern that is yet to be confirmed. This reversal may be apart of the Marco or...
Daily- Hanging Man Candlestick Pattern. Expecting Bearish Movement.
4H- "M" Pattern/Double Top.
1H- Doji (Indecision Candle) at top of last leg on "M" Pattern.
Expecting price to fully react to pattern once it breaks the neckline. Should see it return to 15000 area to complete pattern.
BTC has had a successful breakout and retest off its sideways channel resistance as support but its still best to wait to see where this daily candle closes and how.
Note that we may have a potential Hanging Man Candle pattern on this daily chart so its best to keep an eye on how this daily candle ends and also how tomorrows candle begins and ends for...
What we have is a possible Hanging man. We have two of the three ingredients for a 87% chance of downward trend over next week or two if next candle is red. Given this weeks events, its looking bearish short term at the very least. Will be interesting to see how things shake out!
Let me know your thoughts of if this was helpful!
Not advice or a recommendation...
Price previously broken above the marked yellow resistance area and go up for 160 pips.
In my opinion we haven't see any retest to this resistance as a support and we might see one soon.
There is going to be RBA meeting soon and it might follow it neighborhood RBNZ stance which send NZD gone up.
Notice also the previous daily candle close looks like hanging man...
The company behind the Nasdaq Composite Index seems to be ready for a pullback and is showing signs of Bearish Divergence on multiple indicators I think if a pullback were to occur we could see it reach the next major level of price congestion at $138-$130 which is near the 55 Week Simple Moving Average.