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UVXY Doji 1H Strategy with both Long & Short PositionsAgain, I'm posting this mostly as an observation. (Inexperienced traders should note that UVXY only goes up during major crashes so, although this is marked as a "long", holding any bullish positions on UVXY is a short-hedge on your portfolio.)
Based on backtests, it appears that longing UVXY on Doji's are a fairly reliable candlestick pattern to trade on UVXY's 1 Hour charts...
Also, it appears that shorting UVXY on Hanging Man and closing the short on EngulfingBullish dramatically increases the profitability
ALGO-USD formed BULLISH TWEEZER PATTERNThe bullish tweezer pattern is a pattern where two candles form an identical size and shape. As you can see, this has formed on the one day candlestick chart. This gives a strong insight of a bullish sentiment in the ALGO market in the coming days.
I do not recommend ALGO at the moment since I find it slightly overpriced. On the other hand, the company has provided amazing projects with sustainable energy projects, which allows for huge growth in the coin’s price in the future.
XAUUSDFrom the last three days of price action on XAUUSD or gold, which made a bearish engulfing blended candlestick pattern, I expect price will be bearish next week, $1750.000 is next level of support on daily. I do not trade gold or XAUUSD, but follow it in relation to Forex, oil, Bitcoin etc...
Please do you own evaluation and trade according to your plan and strategy. Controlling risk is a priority in all trading.
PALANTIR reversal island patternJust remember that Palantir has a reversal island pattern with the candlestick of December the 2nd. Stop loss at $21.12.
$124 Tuesday Based on pure candlestick analysis, a specialty of mine. I see Apple hitting $124 tomorrow, based on the 2 previous 4 hour candles, you can see they have small bearish bodies and bullish wicks that are larger than the body. This indicates that price has potential to rise to where the wicks have formed. The highest wick is near $123.62 however $124 can be achieved easily.
Very exciting trend to see as I have 7 calls for AAPL to hit $124 by Friday, looking to run away with a nice profit tomorrow.
Stay tuned for gains/losses.
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