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Candlestick Analysis

Candle Momentum Exhaustion🚀 Candle Momentum Exhaustion Indicator – Spotting Market Reversals Like a Pro! 🔥 Live in Action! Our Candle Momentum Exhaustion Indicator is pr oving its strength in identifying key exhaustion points in the market. Using a black candle fill to highlight exhaustion areas, the indicator successfully detects when momentum weakens, signaling potential reversals with high accuracy. 📊 Key Features & Observations: ✅ Precision Exhaustion Signals – Captures exhaustion points before reversals, helping traders make informed entries & exits. ✅ Works Across Market Conditions – Whether in a strong trend or sideways movement, it adapts dynamically. ✅ Volume Confirmation – Signals align well with increasing/decreasing volume, adding credibility. ✅ Enhanced Visuals – The black-filled exhaustion candles make it easier to spot momentum weakness at a glance! 🔍 How It’s Performing in Nifty 50: 📌 Recent market structure shows consistent accuracy, with exhaustion points appearing at peaks & dips before trend shifts. 📌 Strong signal clusters near resistance zones indicate potential profit booking areas for traders. 📌 Support areas see exhaustion candles aligning with buying interest, helping catch potential reversals early. 🚀 Conclusion: This indicator is proving to be an essential tool for traders looking to catch momentum exhaustion before price reverses. With strong visual cues and volume correlation, it’s a game-changer for intraday and swing trading! 💬 How are you using the Candle Momentum Exhaustion Indicator? Drop your feedback below! 👇
NSE:NIFTY
by TradeTechanalysis
GBPCAD: Your Detailed Trading PlanTake a look at ⚠️GBPCAD This week, the pair broke an important structure resistance and closed above it. Currently, the price is consolidating within a tight horizontal range and retesting the broken structure on the 4-hour chart. To confirm a bullish trend for intraday buying, look for a breakout above the resistance of the range. A 4-hour candle closing above 1.7924 will confirm this breach. If this occurs, a bullish continuation towards 1.7967 levels can be expected.
Long
by linofx1
1
NZD/USD - 1H Analysis & Prediction📉 NZD/USD - 1H Analysis & Prediction 🔹 Key Levels & Market Structure: ✅ 0.5754 - 0.57588: First supply zone, potential rejection. ✅ 0.57817 - 0.57937: Major resistance, watch for liquidity grab. ✅ 0.5706 - 0.5708: Key support, possible bullish reaction. ✅ 0.56713: Critical downside target if supply zones hold. 🚀 Bearish Scenario: 🔹 If price rejects 0.5754 - 0.57588, a drop toward 0.5706 - 0.5708 is likely. 🔹 A deeper rejection from 0.57817 - 0.57937 could accelerate the downside move. 💡 Trading Plan: ✅ Look for bearish confirmations near resistance for short entries. ✅ Watch Fibonacci retracement zones for potential reversals. ✅ Break below 0.5706 confirms strong downside momentum. #fxforever #NZDUSD #SmartMoney #PriceAction #ForexTrading #LiquidityHunt #Fibonacci
Short
by FXFOREVER_87
NZD/USD: Flipping the Script at .5700?NZD/USD struggled above .5700 recently, but now that it’s pushed through, maybe the opposite will hold true. Price action around today’s RBNZ decision—where the bank delivered a third straight 50bp cut and flagged at least two more, possibly three—suggests it might. The post-decision dip below .5700 was snapped up quickly, casting doubt on the bearish signal from the three-candle evening star pattern completed Tuesday. If the rebound holds, minor resistance sits at .5723 (Jan 24 high), with a tougher test at .5750, where last week’s rally ran out of steam. A break there puts .5800 and .5888 in play. It’s too early to say whether the rising wedge pattern the Kiwi is trading in will be respected, but that’s another thing for longs to watch. The price has run a long way just while writing this, but dips towards and below .5700 look like solid long entry points, improving risk-reward while offering nearby levels for stops, like the 50DMA.Momentum indicators are flashing bullish, favouring dip-buying and bullish breaks in the near term. If NZD/USD were to close beneath the 50DMA, the bullish bias would be nixed. Good luck! DS
Long
by FOREXcom
USOIL READY TO EXPLODE?! DON’T MISS THIS CRUCIAL MOVE!📊 USOIL (Crude Oil) Analysis – February 17 What’s up, traders? Mr. Blue Ocean FX here with another deep dive into the markets, and today, we’re breaking down US Oil (Crude Oil) and the major opportunities setting up. Let’s get straight into it. 📉 Weekly Time Frame Insight • Last week’s candle closed with exhaustion, printing a low at 70.30 but losing volume compared to previous bearish moves. • Key Resistance: 71.55 area was broken, signaling potential bullish momentum. • Impulse Move: Price pushed as high as 79.44 (Jan 13th), breaking past the 77.90 October high before retesting that level. 📊 Daily Time Frame Setup • USOIL is currently ranging in a consolidation zone, and we are at the lower region of this range. • Buy Zone Identified: • Three bottom touches suggest a strong support level. • Higher low structure forming at 70.58, above the previous Feb 6th low of 70.34. • If bulls hold this zone, we could see a strong push to the upside. 🕒 4H Time Frame Execution Plan • Structure Confirmation: After a deep retracement, price failed to print a new low. • Liquidity Sweep: A wick below 70.16 may have stopped early buyers before price reclaimed. • Entry Plan: • Buy near 70.68 (entry level). • Stops below the recent low. • Targeting 72.04, then 73.32, with further upside potential to 74.21+ if consolidation breaks. • Channel Formation: USOIL is respecting an upward-sloping trend channel that could continue bouncing before a major breakout or breakdown. 🚀 What’s Next? If bulls maintain control, we could see an explosive breakout, targeting higher liquidity zones above 74.21. However, if price breaks down, we may see another leg lower before a final push up. 🔥 What do you think? Will oil rally higher or break down? Drop your thoughts in the comments! 📢 If you found this breakdown valuable: ✅ Boost this post ✅ Share it with a fellow trader ✅ Follow for more Let’s catch these moves! 🚀💰 #USOIL #CrudeOil #Trading #Forex #MarketBreakdown
FX:USOILSPOTLong
by BlueOceanFxAcademy
Gold–A Bullish Revival or Just a Correction After Friday's Drop?Yesterday was a very quiet day for TRADENATION:XAUUSD traders. After a normal rebound from the 2880 support, the price hovered around 2900 in a low-volatility environment. Overnight, bulls found some strength and pushed the price to a high of 2916. At the time of writing, Gold is trading around 2910. In my view, this is merely a correction following Friday’s sharp drop, not a resumption of the bullish trend. As I mentioned yesterday, I am looking to sell rallies. My idea would be invalidated by a daily close above Friday’s high. As for the target, in the medium term, we could see the price drop to 2850. Disclosure: I am part of Trade Nation's Influencer program and receive a monthly fee for using their TradingView charts in my analyses and educational articles.
TRADENATION:XAUUSDShort
by Mihai_Iacob
5
Nifty stopped by Trendline and Mid-Channel Resistance. Nifty again today was stopped by the trendline and mid channel resistance inside the falling channel. A closing above mid-channel around 22967 will enable some strength to Nifty. However closing above the Mid-Channel will not be enough as there are 50 hours resistance line or the Mother line of hourly chart nearby as well. This Mother line is at 23043. The next resistance if we get a closing above 23043 will be near 23200. After this hurdle is crossed the next hurdle is near 23307. 23307 is the Father line of hourly chart. Post crossing this area the channel top will be near 23494. Supports for Nifty right now are at 22802, 22745. If 22745 is broken channel bottom support is near 22451 and post that trend bottom support near 22114. The closing was negative today but shadow of the candle is neutral to positive. Which can be considered a possible sign of reversal. However it is to early to call it a clear reversal until we get a closing above 23494. Disclaimer: The above information is provided for educational purpose, analysis and paper trading only. Please don't treat this as a buy or sell recommendation for the stock or index. The Techno-Funda analysis is based on data that is more than 3 months old. Supports and Resistances are determined by historic past peaks and Valley in the chart. Many other indicators and patterns like EMA, RSI, MACD, Volumes, Fibonacci, parallel channel etc. use historic data which is 3 months or older cyclical points. There is no guarantee they will work in future as markets are highly volatile and swings in prices are also due to macro and micro factors based on actions taken by the company as well as region and global events. Equity investment is subject to risks. I or my clients or family members might have positions in the stocks that we mention in our educational posts. We will not be responsible for any Profit or loss that may occur due to any financial decision taken based on any data provided in this message. Do consult your investment advisor before taking any financial decisions. Stop losses should be an important part of any investment in equity.
NSE:NIFTY
by Happy_Candles_Investment
Sell ​​high and buy low within the regionDear Traders, During the rebound, gold briefly reached around 2915 but failed to sustain the move. This indicates that the 2915-2920 resistance zone remains effective in the short term, and gold is struggling to form a strong upward momentum. On the downside, after multiple tests, gold has established strong support in the 2890-2880 region. Therefore, based on the current situation, gold is likely to continue oscillating within the 2920-2890 range in the short term. For short-term trading, we can still employ a "buy low, sell high" strategy within this range. Bros, do you know how to execute the high-sell-low-buy trading method in the area? If you want to learn more detailed trading ideas and get more trading signals, you can choose to join the channel at the bottom of the article to make trading no longer difficult and make making money a pleasure!
OANDA:XAUUSDShort
by Trader_Marvin
Mastering the Marubozu Candlestick Pattern in Trading Mastering the Marubozu Candlestick Pattern in Trading Have you been looking at a chart for hours, wondering when to buy or sell? In one moment, the chart is green, screaming “buy.” Next, it’s all red, and the price is falling. Buying or selling becomes a tough decision if you resonate with this. However, candlesticks on your chart can help you. This FXOpen article will help cover one of them – the Marubozu candle pattern. Tag along to learn about this candlestick, its types, and how to trade using it. What Is a Marubozu Candle? A Marubozu is a candlestick with no wicks that has a long body. It signals a strong price action as buyers or sellers dominate the session. “Marubozu” is a Japanese term meaning “bald” or “close-cropped.” It can be bearish (if the open price is above the close) or bullish (if the open price is below the close). When it occurs, traders prepare for a significant price movement. But first, how can you identify it? Marubozu in a Range In a range, the price moves within horizontal support and resistance. It indicates that the buyers and sellers are in a serious battle, and neither dominates. It also shows that traders have their hands folded with little activity. A Marubozu might break the range, indicating that momentum is starting to build up. Aside from range, the Marubozu candlestick pattern occurs in a trend. This might be at its beginning, middle, or end. Marubozu Starts a Trend A new trend starting with a solid price movement may contain a Marubozu. It might pop up due to important news events. Traders who come on board early might have more room to capture new opportunities. Marubozu in Mid-Trend Whether it’s a bull run or a bear market, trends often slow down for some time. This causes traders to slow their activities. Afterwards, trends pick up the pace and continue in the same direction. A Marubozu candlestick pattern may signal that traders’ momentum is back, and they can position themselves for market opportunities. This may occur mid-trend or after the trend halts for a period. Marubozu Ends a Trend The end of a trend is a spot where investors position themselves for new opportunities. Why? A new trend will likely begin, and catching it allows one to place a new trade. This is a reversal, and the Marubozu candlestick pattern can show when it occurs. Marubozu Candle Types There are two main types of the Marubozu pattern in forex, commodity, stocks, crypto*, and other markets. Bearish Marubozu Candlestick What does a red (bearish) Marubozu mean? A red Marubozu indicates strong selling pressure in the market. It forms when the open price is at the highest point of the period and the close price is at the lowest, meaning the price fell consistently throughout the session without any upward movement. You may consider these steps in trading the bearish Marubozu pattern: - Identify the bearish Marubozu. - Consider opening a short trade at the next candle or after a few candles form. - Place the stop-loss level above the nearest swing high. - Take profit at the next swing low, support level, or based on other technical analysis tools. Check this example for a vivid illustration: Bullish Marubozu Candlestick A bullish Marubozu is the opposite of the bearish version. It catches the eyes of bulls seeking buying opportunities. It opens at a low price and closes at a high, so it has no wicks. The significant length of the candle also indicates buying pressure. The theory states you can trade the bullish Marubozu candlestick pattern as follows: - Identify the bullish (green) Marubozu candle. - Consider going long at the opening of the next candle or after a few candles form. - Place a stop-loss level below the closest swing low. - Take profit at the next swing high, when the price begins to range, or when other technical analysis tools signal a price reversal. Here’s an example providing more details: How Can You Confirm a Marubozu? Confirming the Marubozu candlestick pattern involves more than just spotting its distinct body. Traders often look for additional signals to validate the strength and direction indicated by the Marubozu. Traders typically consider the following factors for confirmation: - Volume Spike: A significant increase in trading volume accompanying the Marubozu can suggest the price movement has conviction. The high volume shows that many market participants are behind the move. - Trend Context: Marubozu patterns within an established trend hold more weight. For instance, a bullish Marubozu during an uptrend is more likely to lead to continued bullish action than one in a sideways market. - Proximity to Key Levels: Traders often observe support and resistance levels. A Marubozu breaking through a key resistance or support level confirms momentum, as it shows the market overpowering those critical areas. - Candlestick Clustering: The following candles can provide additional context. For example, if after a bearish Marubozu, bearish candles appear, it reinforces the downward momentum. Limitations of the Marubozu Pattern While the Marubozu candlestick pattern signals strong momentum, it comes with certain limitations that traders must consider: - Lack of Context: A Marubozu doesn't provide enough context on its own. Without understanding the broader trend or the market conditions, it may not accurately determine future price movements. - False Signals in Sideways Markets: In ranging or choppy markets, a Marubozu can create false signals. The pattern might suggest a breakout, but if the market is indecisive, the movement may not follow through. - Absence of Retracement Information: The Marubozu doesn't indicate whether the price will retrace before continuing in the same direction. Traders may enter too early, only to face pullbacks that can hit stop-loss levels. - Dependence on Volume: While a Marubozu shows strong price action, low trading volume can render it unreliable. A lack of volume behind the move could indicate weak conviction from market participants. Trading Strategies Involving Marubozu Finally, let’s take a closer look at a couple of Marubozu trading strategies. Marubozu Retracement Breakout This strategy revolves around identifying a Marubozu candle in line with a broader trend and waiting for a brief price retracement before the trend continues—similar to the concept of a dead cat bounce. Traders can use this setup to capture trend breakouts. Entries After observing a Marubozu candle that aligns with the prevailing trend, traders typically wait for the moment when the price briefly moves against the trend before resuming. Once the retracement is identified, a stop order can be placed at the high (for bullish setups) or low (for bearish setups) of the candle formed before the retracement. Stop Loss Traders may place a stop-loss order above the opposite end of the retracement move. For a bullish setup, this means below the retracement low, while in a bearish setup, it would be above the retracement high. Take Profit Profits might be taken at a favourable risk-reward ratio, such as 1:3. Alternatively, traders may aim for a significant area of support or resistance where a reversal is likely. Marubozu EMA Strategy This strategy combines the Marubozu candlestick pattern with a pair of exponential moving averages (EMAs) to confirm strong trend momentum. Traders often use one short EMA and one long EMA, such as 12 and 28, though some may prefer alternatives like 9 and 21 or 20 and 50. Entries Traders typically look for the Marubozu candle to close strongly through one or, ideally, both EMAs. This signals strong momentum in the trend direction. Some traders may choose this as their entry point, while others may prefer to wait for extra confirmation, such as a crossover between the two EMAs, signalling a stronger trend continuation. Stop Loss Stop-loss orders might be set just beyond the high (for bearish setups) or low (for bullish setups) of the Marubozu candle. Alternatively, more conservative traders might place the stop beyond one of the recent highs/lows, depending on their risk tolerance and the specific setup. Take Profit Profits might be taken at a preferred risk-reward ratio, such as 1:3. Another common approach is to target a significant support or resistance level, where a reversal is more likely. Final Thoughts The Marubozu candlestick pattern, when combined with other forms of analysis and tools, offers traders a powerful way to capture market momentum. FXOpen provides an ideal platform for applying these strategies, offering more than 600 markets, blazing-fast speeds of trade execution, and competitive trading costs. Open an FXOpen account today to explore these opportunities and enhance your trading experience. Good luck! FAQ What Is a Marubozu in Candlestick? The Marubozu candle meaning refers to a candlestick with no upper or lower wicks, indicating that the price opened and closed at extreme levels during a session. Its long body reflects strong buying or selling momentum, depending on whether it’s bullish (green) or bearish (red). How Can You Identify a Marubozu? A Marubozu candlestick can be identified by its lack of wicks. In a bullish Marubozu, the open price is at the lowest point, and the close is at the highest, signifying strong buying pressure. A bearish Marubozu is the opposite, with the open at the highest point and the close at the lowest, showing dominant selling pressure. What Is the Difference Between Bullish and Bearish Marubozu? The difference lies in price movement. A bullish Marubozu opens at a low and closes at a high, reflecting strong buying pressure. In contrast, a bearish Marubozu candlestick pattern opens at a high and closes at a low, indicating strong selling momentum. How Can You Trade a Bullish Marubozu? Traders often look for a bullish Marubozu pattern in uptrends or at key support levels. It suggests further upward momentum. Confirmation through volume or other indicators, like moving averages, is often sought to enhance trading decisions. What Does a Marubozu Determine? A Marubozu determines strong market momentum, with a bullish Marubozu indicating continued upward movement and a bearish Marubozu signalling further downward pressure or a potential trend reversal, depending on the market context. How Does a Marubozu Work? A Marubozu works by showing a candlestick with no wicks, indicating that either buyers (in a bullish type) or sellers (in a bearish type) were in complete control throughout the trading session, signalling strong market momentum in the direction of the candlestick. *At FXOpen UK, Cryptocurrency CFDs are only available for trading by those clients categorised as Professional clients under FCA Rules. They are not available for trading by Retail clients. Trade on TradingView with FXOpen. Consider opening an account and access over 700 markets with tight spreads from 0.0 pips and low commissions from $1.50 per lot. This article represents the opinion of the Companies operating under the FXOpen brand only. It is not to be construed as an offer, solicitation, or recommendation with respect to products and services provided by the Companies operating under the FXOpen brand, nor is it to be considered financial advice.
Education
by FXOpen
1