Shooting star candlestick pattern formed in $QQQ. Then after heavy Sell off shown. It needs hold 264 level. It fails to hold that level it can go up to 240 level.
I think the all time highs for these 2 stocks are behind us and they should only head lower from here. Ive observed a repeating pattern for both these stocks which tell me a trend change is forthcoming
The stock has been continuously going up for some time in an aggressive manner and has reached the previous high (supply zone) ... . Shooting star pattern has been formed though the upward wick is small Expecting a healthy retracement till 240 level when crosses 270 mark while going down Trading Strategy: Safe : sell PE above 290 at good cost ... AUG and SEP...
MakerDao, Compound and Aave are the three major lending protocols in the DeFi space. I think LEND has run its course and there are better coins to speculate on since it has already gone up more than 35x this year alone. It may be facing a major pullback soon. Even so, it is never a wise idea to short a high momentum coin until the trend is clearly broken, which...
Its not a double top untill reach my target! But the price failed in the creation of the new high and we can see a good reversal here. We also have this very strong bearish candle as a confirmation, a shooting star candle and a triple candle formation Evening star 📉📉🙌⏳
Eurusd ended the month with a shooting star on the daily, this signifies a bearish outlook. I am expecting a little bit of reteracement to around50% of the daily shooting star. before a further down pour Kindly like and follow to get more updates. Thanks
D1 - Bullish trend pattern. The price has reached a key resistance zone formed by the 161.8% (0.96314) fibonacci expansion level of the first wave and the 61.8% (0.98591) fibonacci expansion level of the second wave. Shooting star candle pattern, potential bearish divergence. Expecting corrections to happen now. H4 - Engulfing candle pattern. The price has...
Looking at the possibility of a retest of 10775 where there is reasonable support correspondent with the Fibonacci 0.382 position. Also, price is under the 21EMA & in a bearish descending channel currently. The daily closed 21st July with a reasonably proportioned 'Shooting Star' on the daily. I'm looking for slight decrease in price from here to then springboard...
Hi, 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
-HDFC bank has touched the upper band of channel -shooting star appeared today, RSI almost overbought and price closed below VWAP it indicates price fall in coming days. TARGET 1 : 1050 If weakness continues, TARGET 2 : 1020 STOP LOSS : 1120 **These are my personal observations. Please trade at your own risk.***
RSI divergence with the shittiest candle close possible ( bearish shooting star) Possible H&S in the making as well now understand that Fundamentals will overpower the TA on this one this is my first try at stocks so trade carefully #notfinancialadvisor!! #DoYourOwnResearch
NOTE: TRADE ONLY WHEN YOU UNDERSTAND THE CONCEPTS. TRADE WITH KNOWLEDGE FOR GOOD PROFITS!
ONLY TRADE WHEN YOU UNDERSTAND THE CONCEPTS CLEARLY. PROFIT IS YOURS, SO IS LOSS!!
Last weeks candle is a shooting star. It’s going to challenge last week’s pivot at 344. Close below last week’s pivot we should see lower lows.
As we can see in chart. Shooting star doji which bears denied bulls in a gap zone, confirmed by strong bear candle. I won't sleep in my leveraged buy positions. Take extra care, Always use stop. sorry for spelling error at chart
Chart explains the short reason.
PUT it in your pocket $$$ Never let it fade away. In reality, this has been a LOT of choppy rebalancing of hedge funds and pensions and 401K. Scrap gains at quarter-end. Once.. pump.pump.pump. Twice. Look both ways before crossing the street. Wait for the final settlement and then. Wulcya..
Google has been trading inside Huge longterm Uptrend channel however this is all based on monthly candles so WAIT FOR MONTHLY CANDLE CLOSE!! this is a long term analysis & smaller timeframe moves won't affect it, we have been in an uptrend since 2012 after breaking out of multiyear ascending triangle, now we are looking at a possible Double top on monthly chart...