AUDCAD testing the upper part of the down-channel, with a double candlestick pattern: a tweezers top and a bearish engulfing pattern.
Stop loss and take profit are very tight, since we are trading on the M15 within a very tight channel, so I suggest to check the spread first for your broker and avoid this trade if you have a spread that is over 1 pip.
A Bearish Bat setup within the supply-demand zone with a magic candle which in this case may read as tweezer tops. I will go for an aggressive short when market opens on Monday, let just hope that no major gap happens.
If a gap above and close above, I will have to scrap this trade-ideas.
If a gap below and close below, I will have to wait for a retest for a...
So we had the monthly and quarterly (3 months) close this night (UTC time), and I can't keep off my thought this two environments looks a lot alike the one we had at the topping at 20 k. Tweezer tops, this gives me chills down the spine.
Thought the volume in the last run we had is above the one in the previous bull run. A good sign?
Keep an open mind and trade safe!
The market is showing signs of a possible bullish reversal of the current downward trend. The volume in the market isn’t supporting further downward motion and prices looks like it’s going to rebound.
Looking at candlestick patterns on the daily chart we have tweezer bottoms and a spinning top formations that are both reversal patterns.If we add in the Bollinger...
Just noticed this while i was playing with the charts
AUDNZD has formed a consolidation range, and on the lower side we have some tweezer bottoms, text book like.
If it goes as the literature would say, the stop just on the other side of the candles, and a TP on the next significant zone, and i think it would be the one marked
The drop today in bitcoin is forming a tweezers pattern for the past two day's price action. This shows a rejection of yesterdays price increase and the drop today also forms a lower high on the longer-term daily timeframe.
The candle has not yet closed but this type of price action typically would result in an increased...
This trade was taken based off of S/R levels, candlestick formations, and divergence.
Yellow Line = Weekly Level
Pink Line = Daily
White Line = Monthly
The closures over the last 2 days created a tweezer top bouncing off of the Weekly resistance level.
This bounce also resembles the beginning of a double-top...
opps i lied, i said gold would be my last trade but i just saw this!
4H showing us twizzer top! 1H made M pattern.
we are currently standing at rejection from the trandeline on 4H!
in addition to that we are on 1h resistance!
*trade what you see nit what you think*
I see a great SHORT OPP
thank you, hope you profit with me and the last trades for 2018!
SEE YA IN 2019 :)