Similarly to what i spotted on the EURUSD; BCH seems to have formed a 3 Black Crows on the weekly after catching some sells at a previous zone of Support/Resistance. It has also reached the Measured Move of a bullish diamond breakout and i have taken my profits. This could be the start of a new downtrend which could take us down to Fibonacci retracement levels...
Three Black Crows are appear in daily chart Plus we are in Cypher however the Trend is weak take care about the support and resistance lines
15min ==> bullish 1H and 4H ==> bearish Three black crows (the yellow box) Sell form 0.6354 R3 0.6433 R2 0.6403 R1 0.6364 PP 0.6334 S1 0.6295 S2 0.6265 S3 0.6225
Funny how stock immediately bounced back to/above uptrend line after gapping down, and had since traded ~10D MA. If the stock were to fill the gap in the coming sessions, the uptrend may start again. If not, beware of another wave of selling pressure.
NZD/USD🇳🇿 🇺🇸 is looking quite bearish here. After the strong and steep uptrend we see the Three Black Crows candlestick pattern together with the already declining (after the crossover) Stochastic indicator. If you like the idea PLEASE don't forget to hit the LIKE 👍👍👍button Also share your thoughts and charts here in the comment ⌨️ section
#tatachemicals - has seen good uptrend which seems to be “stalling out” at the top and the Three Black Crows pattern has also emerged after sideways price action.
Hello all, If you saw my previous chart on GBPUSD, you would know that I am in an active short since the orange line. Here's a quick look into what I'm observing while the trade is active. On the 4hr time frame, we have developed a channel. The current candlestick is a particularly important one: If we close this candle within the channel, and form a "hammer"...
We have a strong confirmation for a sell oportunity. We got a breakout of a trend line and support zone and right now we got a rejection that confirms the sell oportunity. We must see what will happens when the market open, but the oportunity is there. Its easy to find also a 3 crows candlestick bearish pattern. You can find the 3 candles with the icon of...
Bearish signs - three black crows, followed by a pullback; incoming bearish MACD cross. Bullish signs - bullish ascending channel is still respected For a bullish case the red line at (0.014736) should be broken. Most likely scenario is the retest of a red line at (0.014736) and a wick down to 0.011398
After finding appropriate RSI and MACD entry points, traders benefit from analyzing key candlestick formations. Below are the candlestick reversal formations detailed in this chart. Candlestick Formations: Two Black Gapping : appears after a notable top in an uptrend, with a gap down and two red bars. It predicts lower lows with an accuracy of 68%. Three...
BTC is in Corretive Phase. After break short-term support line that i mentioned in previous briefing, it moves sideways for a while and then went downward. Let's start the analysis for BTC/USD chart. If you are busy, you can just read below briefly '1. Briefing ' '4. Summary and Strategy' and click '+Thumb up, +Follow' :-) 1. Briefing # Corrective phase ...
Potential price movement plotted in red and green arrows.
We can see that the price of BTC bounced off the lower trendline forming the ascending triangle, and has broken out from the downward channel it was previously in. This action completed the formation of the double top. Conditions are set for the formation of a triple top, we can see that in the 2nd valley. The first bounced at ~7.8k and this last bounce was at...
We have nice three black crowns formation on daily. There is double bottom which in my opinion is kind of false signal. It is pushing pair higher but it seems to me that the bulls power is not enough and EURUSD is preparing to go lower towards 1.500.
April Lean Hogs collapsed further today. Looking for candlestick pattern 3 black crows tomorrow, which might suggest building out the last leg of the Cypher pattern. Next target for the bears is 61.8% at 66.675. Still being cautious of a break up for more long action. Open interest is still rising and volume is moderate which is a good indication for continued fall.
Hey guys! Look at this formation. What do you think? As for me, it's a good Elliot wave ABC correction we might have here. On daily chart, am looking for an entry. We can see the 3 black (red) crows candlestick pattern. Aggressive traders can go short now and build the C impulse. Conservative can wait for the C impulse to complete. As for me, no time to wait.