Candlestick Math - V1.0 Sometimes , you need to do some candlestick math to drown out the noise between the candles . This helps in better decision making overall by understanding the effect of the last few candles. Candlestick Math creates a new blended candle which can be interpreted as a summary of the defined period . The indicator uses Lookback period as...
IT'S a real short opportunity on EUR-USD WITH 1.10241 TARGET
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The price hit resistance at 1.08560 The pinbar it's starting to form. If you want more, give me with a like.
***BTCUSD *** Resistance Level Entry: 9955 (Depend on the Candlestick signal) SL (final point for changing in direction) : 11010 (Depend on the Candlestick signal) TP Resistance level (Ideal TP): 7305 Comment: Bitcoin is currently going on its triangle channelling, there is a possible opportunity to short Bitcoin if it once again reach 9955 resistance level....
As DXY just broke structure lower, we look for Bullish move to the upside. We have small stoploss of 11 pips with first target 45 pips (1:4 R:R). We dd spring on bottom , cleared EQHs on 15M, and now we target Double Top on 15M. SL is tight, with good risk (0.5%) with target 2.5% (and second position will trail it)
EURUSD PLAYED OUT AS THOUGHT OUT BOUNCING AT 50% FIB LEVEL RETESTING THE PREVIOUSE SUPPORT LEVEL, NOW MOMENTUM TO THE UPSIDE IS BEGINNING TO RISE AND MAY GO IN THE FAVOR OF THE PREVIOSE IDEA ON THE EURO... EURUSD SHORT TP 1 - LEVEL 1.30441 TP 2 - LEVEL 1.10944 STOP LOSS - OPEN OF THE CURRENT CANDLE / RISK MANAGEMENT PERIOD - SWING
Just a trade idea. A bearish engulfing pattern has form at the end of 4h candle. Let's see where this goes in the coming days.
FOUND SUPPLY ZONE ON 4 HR TF WHERE PRICE IS REJECTING HARD AT DAILY RESISTANCE ADDED SHORT BELOW TWEEZER TOP CANDLES AIMING 1:2 TRADE
SHORTING NIFTY 50 RISING WEDGE ON 4 HR TF TRADE 1 : 1.5
For the price action, candlestick analysis people out there, The weekly chart shows a Shooting star/Bearish Pin bar on the Weekly chart and a confirmation of it with the week just passed with a weekly candle close below the low of that Shooting star/pin bar. This is a pretty compelling reason to look for sells at least down to that red zone in my opinion. However,...
Bearish engulfing bar on H4 as well as D1 (see link for D1 view ) Both sell signals located around areas of value. Trading the engulfing bar usually offers a strong risk to reward ratio and in this case the provisional target is 3 times that of the risk (and price could fall more after that which will increase the reward substantially against the initial...
Weekly chart for NZD: Price still looks moderately expensive Trend on Daily: Sideways look for shorting opportunity where a market short will work. If price does make a rally... it will be a small rally to a price point probably around 0.6726
Amazing correction on 1h frame from 13951$ to 10700$ .. For now we have a hammer candlestick in a confirmed correction down trend, if the next candle will close green we may see a brake out and the end of correction wave ... Else than this, we can see deeper correction and we can touch the point of 8900$ ( I see this scenario as the strongest scenario) ... Anyway...
If LYFT can stay today above the $63. I would expect it to go higher. If the candlestick today has a wick on its top (breaking through this $63). I see potentially heavy winds for the stock.
Selling at market price 1.12928 with # SL above resistance @ 1.13124 and # TP lower down around support @ 1.12262 To learn the dynamics behind this trading strategy please join my mailing list at www.profitfxza.com Always exercise good risk management. Don't bet the farm and don't invest what you can't afford to lose.