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Candlestick Analysis

GBPUSD BUTGBPUSD in an uptrend on a higher timeframe. Entered a BUY earlier with 1:3RR on a pullback, there was a Pin Bar candle rejected at 0.5 Fib Level. My SL right now just right below the Strong Bullish Candle. (about 1/2 of my initial risk) For those who are already in a BUY position and looking for a Take Profit level... around 1.277 seems like a good area. It also aligns with 1.272 Fib level. Manage your trade well and Best of LUCK! Sorry, wasn't able to published at the entry point...
Long
by JamesB_Trading
1
NZD/USD Sell Setup – Cup & Handle Pattern Confirmed**📉 NZD/USD Sell Setup – Cup & Handle Pattern Confirmed! 🚀** NZD/USD is showing a **Cup & Handle pattern**, with **EMA50 confirming a strong sell signal**. This setup suggests potential downside movement. ### **🔹 Trade Details:** ✅ **Sell Entry:** **0.56050** ✅ **Stop Loss:** **0.56650** (60 pips above entry) ### **📊 Take Profit Levels:** - **TP1:** **0.55650** (40 pips down) - **TP2:** **0.55250** (80 pips down) - **TP3:** **0.54850** (120 pips down – final target) ### **📌 Trade Strategy:** - **EMA50 confirms the bearish trend** – strong sell confirmation. - **Proper risk management is key** – use stop loss to protect capital. - **Monitor price action** – if momentum stays strong, TP2 and TP3 could be reached. 🚨 **Trade Setup is Active! Follow your risk management plan and execute wisely!** 📉🔥
Short
by TradingStar090
GBPUSD Week 10 Swing Zone/LevelsWeek by week pinched pips keeps increasing. As highlighted last week, Weekly zone and levels are mapped based on previous week daily high-low relationship (ie Monday HL in relation to Tuesday in relation to Wednesday HL, etc). Using the 5min candle for entry keeps the SL small btw 10-15 pips and TP ideally to the next level. Some swing levels are only marked after price interacts pre-calculated levels. Two possible road maps for the week, a or b? As always price action determines trades.
Short
by PinchPips
2
Still short goldBros, after gold continued to rebound to around 2893, it encountered resistance and fell back in this position area many times, which consumed the bullish momentum to a certain extent. This position area happens to be the 50% segmentation area from the high point of 2956 to the low point of 2832. So if gold fails to break through this area many times, it will hit the morale of the bulls to a certain extent. In addition, although gold rebounded to the 50% retracement position area in one go, which exceeded my expectations to a certain extent, it did not form a solid structural support after touching around 2832. The technical pattern of "single needle bottoming" alone cannot support gold to continue to rebound and break through the key resistance area. Therefore, on the technical level, gold still needs to continue to step back and confirm support. So in the short term, I am still willing to try to short gold. The upper resistance area is in the 2895-2905 zone, and the lower support area is in the 2875-2865 zone.Bros, profits are the ultimate goal in trading. Accumulating profits is what changes lives and destinies. Choosing wisely is far more important than just working hard. If you want to replicate trade signals and earn stable profits, or if you want to deeply learn the correct trading logic and techniques, you can consider joining the channel at the bottom of this article!
OANDA:XAUUSDShort
by Trader_Marvin
2
Nasdaq 100: 200DMA Showdown—Bounce or Breakdown?Nasdaq 100 futures haven’t closed below the 200-day moving average for nearly two years. However, after delivering a key bearish reversal candle on the daily timeframe—and with RSI (14) and MACD still flashing bearish momentum signals—that streak may soon come to an end. Given the market’s history of aggressively bouncing from the 200DMA, near-term price action around this key level could offer clues on longer-term directional risks. That view is reinforced by rising volumes accompanying the latest pullback, along with the proximity of minor horizontal support at 20,400—there are willing buyers around with a platform for a bullish reversal already in place. If the 200DMA holds firm throughout Tuesday, bulls could look to enter longs above with a stop beneath for protection. Potential upside targets include 21,000 and 21,420. Alternatively, if the price were to close beneath the 200DMA, the setup could be flipped with shorts initiated below with a stop above for protection. Buyers were lurking beneath 20000 in the runup to the U.S. Presidential election, making that a downside level of note. A tougher technical test awaits around 200 points lower where major uptrend support dating back to early 2023—essentially the start of the AI rally—comes into play. Good luck! DS
CME_MINI:NQ1!
by FOREXcom
EURUSD Short Idea. Last week there were 3 strong bearish days on OANDA:EURUSD , leaving an imbalance behind and a Weekly bearish candle. Today, as I find it with a strong bullish movement from the open and London, I keep my eyes on shorts. This move might just end up being the weekly top wick, as nothing goes up or down in a straight line. I found an imbalance with, what I perceive as, liquidity nearby. With a red folder news coming up at 10:00am NY time, it might reach it. Let's wait and see. This is my thought and move for today. For now.
Short
by CinnamonErreDe
1
Healthcare Is Leading the Market This YearBelieve it or not, healthcare is the top performing sector so far in 2025. (It’s up about 9 percent, according to TradeStation data. That puts it fractionally ahead of financials.) Today’s chart of the SPDR Select Sector Health Care ETF highlights some potentially interesting patterns. First is the rally from January 3 (first Friday of the year) through February 5. XLV pulled back to retrace almost exactly half the advance, which may suggest direction is pointing upward. It has also been fighting potential resistance at its 200-day simple moving average (SMA), but closed above it on Friday. Speaking of Friday, the fund initially fell below Thursday’s low. It then bounced and cleared the previous session’s high. Is that bullish outside candle a sign of animal spirits? XLV also had its highest weekly close since early November. Finally, the 8-day exponential moving average (EMA) has stayed above the 21-day EMA. Such price action may be consistent with a short-term uptrend. Standardized Performances for the ETF mentioned above: SPDR Select Sector Health Care ETF (XLV) 1-year: +4.62% 5-years: +48.15% 10-year: +114.50% (As of January 31, 2025) Exchange Traded Funds ("ETFs") are subject to management fees and other expenses. Before making investment decisions, investors should carefully read information found in the prospectus or summary prospectus, if available, including investment objectives, risks, charges, and expenses. Click here to find the prospectus. TradeStation has, for decades, advanced the trading industry, providing access to stocks, options and futures. If you're born to trade, we could be for you. See our Overview for more. Past performance, whether actual or indicated by historical tests of strategies, is no guarantee of future performance or success. There is a possibility that you may sustain a loss equal to or greater than your entire investment regardless of which asset class you trade (equities, options or futures); therefore, you should not invest or risk money that you cannot afford to lose. Online trading is not suitable for all investors. View the document titled Characteristics and Risks of Standardized Options at www.TradeStation.com . Before trading any asset class, customers must read the relevant risk disclosure statements on www.TradeStation.com . System access and trade placement and execution may be delayed or fail due to market volatility and volume, quote delays, system and software errors, Internet traffic, outages and other factors. Securities and futures trading is offered to self-directed customers by TradeStation Securities, Inc., a broker-dealer registered with the Securities and Exchange Commission and a futures commission merchant licensed with the Commodity Futures Trading Commission). TradeStation Securities is a member of the Financial Industry Regulatory Authority, the National Futures Association, and a number of exchanges. TradeStation Securities, Inc. and TradeStation Technologies, Inc. are each wholly owned subsidiaries of TradeStation Group, Inc., both operating, and providing products and services, under the TradeStation brand and trademark. When applying for, or purchasing, accounts, subscriptions, products and services, it is important that you know which company you will be dealing with. Visit www.TradeStation.com for further important information explaining what this means.
AMEX:XLV
by TradeStation