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Candlestickpattern

TSLA: About to CRASH again? Pay ATTENTION to these key points!• Yesterday, TSLA did a bullish candlestick pattern, a Harami, just above the support level at $110; • This is the second Harami we see. Usually, Haramis aren’t strong reversal patterns, and even when they get triggered, they are poor performers. Unlike the previous one, this time the pattern wasn’t even triggered; • This indicates that the trend is still bearish, and if TSLA loses the $110, the next technical support level is the $91 (blue line, weekly chart); • Only if TSLA confirms a very good bullish reaction above the $110, we might see it bouncing again to higher levels. So far, no bullish reaction; • The key point that could reverse the bearish sentiment, at least in the mid-term, is the $126 area. This would be the peak between the two valleys of this possible Double Bottom chart pattern in the daily chart; • These are the main key points to watch on TSLA for now. I’ll keep you updated on this. Remember to follow me to keep in touch with my daily analyses!
NASDAQ:TSLA
by Nathan_The_Finance_Hydra
2
btcusdtperpHello everyone, in this analysis I want to show you how to use the smart money analysis method, so stay with me. This method is a combination of ict and S&D & rtm The condition for entering the trade is breaking the limits in the higher time frame, such as monthly and weekly, and the second condition is the appearance of a candlestick pattern in the lower time frame. All ranges are specified and named If you have any questions, ask under this post so that I can answer to the best of my ability
Education
by mehrdad-javan1
NVDA: BULLSEYE! 🎯 What to expect from here?• Yes, we nailed the 61.8% Fibonacci’s Retracement in the weekly chart. We set this target on my previous public analysis on NVDA (the link is below this post, as usual); • Now, it seems NVDA is trying to react above the retracement. In addition, it just filled a gap around $142 (daily chart), which did work as a support level on Dec 29 – 30; • So far, there’s a bottom sign, but not a reversal structure yet. The trend would technically reverse if NVDA breaks the 21 ema in the daily chart – so far, the 21 ema is above the price, pointing downwards; • On the bright side, there’s a Hammer candlestick pattern in the weekly chart. As Bulkowski’s studies reveal, Hammers have 60% chances of reversing the trend, therefore, this might be a catalyst for NVDA; • On the other hand, what could trigger a bearish continuation for NVDA? If it loses the 61.8% again. In this case, the next technical support level is the $129 (daily chart); • I’ll keep you guys updated on this. Remember to follow me to keep in touch with my daily analyses!
NASDAQ:NVDA
by Nathan_The_Finance_Hydra
Bitcoin TA 2022 - Yearly Candle Pattern-LifeCycle Of Bitcoin.Hello everyone, hope you all are doing good. As I saw many people focusing on Yearly Candle patterns of Bitcoin, so I thought to make a Bitcoin Analysis and Observe it in a bigger perspective. This Bitcoin Analysis is not a financial advice, cryptocurrency market is highly volatile and highly risky, so please do research before trading. It's a New Year season, so I Wish everyone a Happy new year-2023 to you all. Please don't feel bad about me on my current Bitcoin Analysis, since chart speaks everything, am sorry to say but Bitcoin looks bad as of now, the trend is breaking down, If the current year candle-2022 closes above 29k than we are safe and can expect the continuation of trend in upside direction. No means it's a point of concern for every one of us. I also explained everything in the chart, please check it in detail. Thank you, and please like and share my idea/comment if you have any questions.
BNC:BLX
by nmchary
1
Stochastic + RSI + MACD zero cross strategy from backtest on SPYStrategy 1. Stochastic cross at 50 level 2. RSI cross at 50 level 3. MACD cross at 0 level 4. Engulfing Candlestick? 5. Level 2 Tape sentiment balance (Optional) Technical Analysis It's a simple technical analysis setup strategy for bullish or bearish trading setup in both bullish and bearish sentiment scenarios. All levels in the indicators are at standard default settings. Step One: Look at the Stochastic indicator cross at 50 level and a cross over the signal line. This will be the first check and we want the cross to occur at the 50 level. Step Two: Check the RSI and need a cross at 50 level. This is the second confirmation. Step Three: Check the MACD cross and it's best to wait for the cross to happen at the zero line. This has a lower instances from occurring but it helps to avoid fake-outs that MACD is prone to showing. Step Four: Look for an engulfing candlestick pattern in the chart for a final confirmation. Step Five (Optional): If you have access to Level II quotes and the Time&Sales, watch for a momentum into the Ask side for a bullish sentiment or the Bid side for a bearish sentiment. Also you'll need to be familiar with tape reading on the volume and speed for better entry or exit.
AMEX:SPYEducation
by ashpat86
SPX: Could it REVERSE? Pay attention to these KEY POINTS!• The index is on “bear mode” again, as it is doing lower highs/lows in the 1h/D charts, and it is trading below the 21 ema; • It did a technical bullish candlestick yesterday, a Hammer, closing above the 3,818 (gap support). This is a sign of strength; • Despite the bullish reaction, this Hammer wasn’t triggered, and the SPX has to break other key points in order to reverse the bearish sentiment; • First, there’s the 21 ema in the 1h chart. Second, it has to fill the previous gap at 3,868 (1h chart), making it an Exhaustion Gap. Only if SPX reacts in this specific way I would be convinced that the “bear mode” might end; • For now, I’ll stick with my original view: Since it is losing the support at 3,818 and it lacks bullish reaction, the next support to aim is the 3,744. So far, there’s no technical reaction that could convince me otherwise; • I’ll keep you updated on this. Remember to follow me to keep in touch with my daily analyses!
SP:SPX
by Nathan_The_Finance_Hydra
1
HARSHA ENGHI, The latest ipo clocked gains on listing as expected with a whopping 36% premium,This is just my view (analysis) is just a test of counting candle sticks once after or within 16-17 candkesticks if i am right by the given numbers dot to dot by anyside, just my part of research with number of candles see the specialisation of nos3 6 9 11 13 17 19 24 33 34 66 82 161 168 check with your charts.These ll b magical numbers you can see it any timeframe from One minute to Monthly charts.But this TIME it's different i ll try with only one candle stick without any data on the left side.Next time i ll give detail analysis with nifty charts with a great magical no . This is my first time,Sorry in Advance for typo error or writing Disclosure : I am not SEBI registered.The information provided here is for education purposes only.I will not be responsible for any of your profit/loss with this channel suggestions.Consult your financial advisor before taking any decisions.This is neither advice nor endorsement. Twitter :@Ranjith0431 Ranjith Kothari Thank you.
NSE:HARSHA
by ranjith0431
7
Learn to Read Candlestick Strength | Trading Basics Hey traders, In this educational article, we will discuss how to objectively measure the market momentum with candlesticks. Please, note that the concepts that will be covered in this article can be applied on any time frame, however, higher is the time frame, more trustworthy are the candles. Also, remember, that each individual candle is assessed in relation to other candles on the chart. There are three types of candles depending on its direction: 🟢Bullish candle Such a candle has a closing price higher than the opening price. 🔴Bearish candle Such a candle has a closing price lower than the opening price. 🟡Neutral candle Such a candle has equal or close to equal opening and closing price. There are three categories of the strength of the candle. Please, note, the measurement of the strength of the candle is applicable only to bullish/bearish candles. Neutral candle has no strength by definition. It signifies the absolute equilibrium between buyers and sellers. 1️⃣Strong candle Strong bullish candle signifies strong buying volumes and dominance of buyers without sellers resistance. Strong bearish candle means significant selling volumes and high bearish pressure without buyers resistance. Usually, a strong bullish/bearish candle has a relatively big body and tiny wicks. 2️⃣Medium candle Medium bullish candle signifies a dominance of buyers with a rising resistance of sellers. Medium bearish candle means a prevailing strength of sellers with a growing pressure of bulls. Usually, a medium bullish/bearish candle has its range (based on a wick) 2 times bigger than the body of the candle. 3️⃣Weak candle Weak bullish candle signifies the exhaustion of buyers and a substantial resistance of sellers. Weak bearish candle signifies the exhaustion of sellers and a considerable bullish pressure. Usually, such a candle has a relatively small body and a big wick. Knowing how to read the strength of the candlestick, one can quite accurately spot the initiate of new waves, market reversals and consolidations. Watch how the price acts, follow the candlesticks and try to spot the change of momentum by yourself. ❤️If you have any questions, please, ask me in the comment section. Please, support my work with like, thank you!❤️
Education
by VasilyTrader
7