XPTUSD Entry Price 922.70 Target Price 948.71
SE has plunged 36% from it's peak on 20 Oct and is now back at a mideterm trendline support. I see a bullish divergence building up on it's weekly and with the high volume sell off last week, it is likely that most of the selling is done now. The last 3 candles on the daily is interesting. A doji followed by 2 pinbars, each inching lower towards the trendline...
considering pump of Bitcoin at 53500 level , expecting bullish market in the coming days DOTUSDT is in a perfect situation to reverse . we are at the bottom of channel with the best reversal strategy based on candlestick pattern called "Pinbar" at supporting levels we can also see divergence in RSI that could help we may have a problem with the 38 resistance...
I have bullish mind about bitcoin and how it has been closed on Nov,28.it was very nice just before new week And on VETUSDT there is pinbar + support zone + MA200 Daily + 0.618 Fibonacci weekly & MA50 weekly at the bottom of the bullish channel It worth to try and buy the target would be around 0.1864 and SL at close under the support zone Do not forget...
TopGlove.. Not every candlestick pattern "counts" Depend on where/when it was "found"...Is is a "valid" counts?. A "doji"? A "Pin Bar" A "Good" Morning Star? on not 1 minute but monthly chart..?..( Wait,, Not yet), wait until it closed monthly bar after 30/Nov/21
A Bearish Gartley Pattern forms within the double top retracement within the longer-term Bearish Trendline. To sweeten the deal, the confirmation ends with a long shadow candle/pin-bar completing the Gartley Pattern. The downside of this is that the RSI has not reach the overbought zone and the closing price of the long shadow candle can throw traders off the...
So after reaching to the previous high in April ($64,854), Bitcoin has made 2 suspicious pin bars or 2 shooting stars, whatever suits you, and tomorrow it’s about to close under it (I’m not sure)! That can’t be good in short term. I think the price could go for a little vacation to $53,000 (a solid high) and rest. But don’t worry, the weekly uptrend would still be...
#IOST has formed one of the most beautiful chart formations for me, consisting of a Daily pinbar in a strong support zone plus the MACD forming a twist in its MA’s, indicating a strong exchange in market direction. ADX is super strong also, indicating the strong power of the current trend. Placing Long positions from right here. **WILL BE UPDATING**
POLKADOT has formed a very nice daily pin bar here where it is. It looks one of the perfect entries from my point of view, in where the MACD is about to cross from below indicating a bullish movement. The bounce on the MA55 is just awesome to me. Anyone trading with stop loss has great opportunity here since the SL is really tight. **WILL BE UPDATING**
Good setup with 3 RR ratio 1. Inverse head & shoulders 2. Bullish butterfly 3. Pin bar at support
This setup is a perfect example of how multi-timeframe analysis can be such a powerful technique to use in your trading. Starting on the daily wen can IDENTIFY that price has come down to a previous level of structure. We can also IDENTIFY a candlestick formation that shows us to keep our eyes open for a potential reversal. THEN as we work our way down to the...
If you have engaged after this candle closed. It is a great call. And this is why you should have engaged in the trade. 1. It has reached the completion price of the Bullish Butterfly Pattern(cyan). 2. Bat Pattern consolidation at D, but fail to break and close above Point X of the Bat Pattern and that is a good sign. It attracts structure traders to hop in. 3....
Potential double top and HSH pattern. Today candle is pinbar. Some bearish very risky counter trend scenario
ROKU had a bullish divergence on the weekly 2 weeks ago with a bullish pin bar weekly candle. Since then the daily has been steadily trending with large daily up candles followed by a few days of tight consolidation and then another large daily up candle (higher highs and higher lows). I initiated a long today with a tight initial stop loss a couple of $ below...
FB was among the weak stocks during initial hour yesterday, losing 2.5% to a low of 317.37 before slowing gaining traction for the rest of the day, and recovering most of the initial dip to close a pin bar. The case for a rebound soon is rather compelling due to 1. higher than average volume that formed this pin bar 2. the rebound occurred right after it tested...
USOIL. Pin Bar Trade Strategy. Pin Bar candlestick wick intersects EMA 10, EMA 20, 0.236 Fibonacci Retracement Level, and Horizontal Support Resistance Level.
XMRUSD. Entry at 278.19. Pin Bar Trade Strategy.
OANDA:GBPCAD Hi guys , how are you ? I hope you're all fine and having a nice time . GBPCAD is in a great zone for starting a bullish move as we can see in the chart , the price is in an uptrend Also there is great support level with 5 touches ! there is also a Pin bar candle which touches the support level and also before the pin bar we saw that the momentum is...