Entry price: 144-145$
Target price: 150-151$
Stop loss: 142-143$
Bollinger bands: the price is approaching the lower band
Candle pattern: inverted hammer
Fibonacci retracement: the price is approaching 1 (144,43) level
Conclusions: Bollinger bands and candle pattern suggest a trend pullback. Moreover, the price is approaching the Fibonacci level, thus the long...
We entered on the inverted hammer in line with the weekly chart downtrend .we will be holding it till the next support .Short term support of the daily or 4H timeframe, and the longterm support of the weekly timeframe.
Let the profits run.Lets be disciplined to achieve consistency
This stock has been way too hot. Which is awesome, my calls printed every day this week. However, it's likely do to reverse, and this is due to possible volume exhaustion on the stock.
How to tell if the stock is approaching V.E.?
1- Gap up on the chart. From Tuesday to Wednesday the stock made a considerable gap up on the daily chart.
2- Huge spike in volume....
Ready for breakout?
- Nice cup and handle formation on Daily/4hr
- Looking for a pullback around $32.62
Trade Suggestions
- Entry on confirmed bull candle with volume on 4hr
- Swing contract at least a 2 week out 240c or 245c
Last time we called the BTC short. This time we are looking for a long to 45k.
1. Market sentiment has shifted to bearish which is why we prefer to be bullish.
2. Buy volume has been increasing
3. Weekly candle is about to close as a bullish inverted hammer
This is not financial advice this is for educational purposes.
Bullish engulfing
MACD crossover just started - Volume confirmation pending
Flag pattern
Flag pole length = 67 points
Lower flag cost = 487 points
Price target = 554/-
CMP= 528/-
Time target = 5 days
3rd May '21
Upper flag cloth resistance broken with Inverted hammer pattern. Watch out for tomorrow's move.
NSE:PRINCEPIPE
After watching this closely via 4hr and 1hr i decided to dive into 15m to read whats going on.
I see a reversal pattern know as a declining triangle, and now i see two inverted bullish signal hammers.
Ethereum has gone to $2500 now indicates alt coins are on the rise.
Follow cryptopanic for updates on crypto news and more.
XRP looks healthy for a run back up...
NYSE:VIPS $1M in premium traded for 34.50 strike calls for April 30th expiration traded yesterday.
Unusual Activity for $34.50 calls about 10,000 contracts traded around 10:45am @ approx $0.60
On the chart the stock had a a lot of down trend and inverted hammer for close on Friday indicating bullish sentiment.
The inverted hammer is a type of candlestick...
Hello Trades!
Yfii is in correction and we can also see a double top and there is an inverted Hammer at the top. There are three indications for sell.
Soon it will break this correction to the downside. Wait for a breakout or you can sell it now.
Inverted Hammer on H1 the next candle closed below am looking to sell this since its respecting the resistance zone , using the bearish candlestick as confluence
A valiant effort, but no dice. Inverted hammer printed today, needs to pullback some more. I'm looking for a bounce at 15 level with confirmation. Next key level down is around 13.
This runs hard and low float. Short term bearish. Medium term bullish due to float size.
GBPUSD recently broke out of its 1D descending parallel channel, which seems to be a bullish flag, it then re-tested the channel thrice with the last 1D candle closing as a bullish spinning top.
1D Analysis
The Friday candle closed as a bullish spinning top after its retest of the 1D descending parallel channel, this could be a possible indication for a...
Hello trader! We can see inverted Hammer at top and we also have a resistance and in different timeframe we have engulfing patterns. So we are selling USDJPY.
Target is set using my Monkey Fist technique.
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