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Candlesticksignals

Kicker follows through on Nasdaq 100Notice this week's candlestick has fat body meaning the bulls were in overall control following a kicker signal, this is what you'd expect to see after such signal for potential change of direction. It's important to point out a similar kicker signal a few weeks ago has no follow through, instead the very next candle is a inside doji followed by an bearish engulfing candle. Verdict: current change of direction remains in effect as long as there's no contradictory patterns showing up.
NASDAQ:AAPLLong
by FxCloudTrader
1
Head and Shoulders Pattern On Natural GasHere we have a textbook Head and Shoulders Pattern after a strong uptrend on natural gas. The volatility between the head and the kneckline was 19% so we used this as our main take profit area. At first it seemed too much of a price move however 4 weeks later not only did we get past the 19% take profit area, price went down further to 26%. This was a big trade to take, the entry for this set up is below: entering on the break and retest of the pattern. Using the rally candle for the signal to enter was key also. Also had a 2nd opportunity to enter the downtrend and this was the continuation pattern = symmetrical triangle (if located in a downtrend then the chances are that breakout will be to the downside Follow me for more analysis and candlestick signals.
CAPITALCOM:NATURALGAS
by LuxTradeVenture
Da Bears and Gold-1hr candlestick This area showed potential to become a double bottom. The white line is the yesterday's daily close. You can see how two Hammers were created. This formation ended up being just part of a bounce of a larger bearish move. The candle immediately following the second hammer is a large Bearish Engulfing which closed right at the level of support. The next candle has no upper wick and was able to push down. The Daily support now turned resistance. If this Bearish momentum continues, we could see Gold continue to drop several hundred dollars.
FX:XAUUSD
by Shanktown
Gala usdt idea and candlestick analysisAs you see in the chart, with the increase in the shadows of the candles in the bullish or bearish trend, along with one or two candles in the opposite direction of the movement of the chart, it's a trend change signal and a good setup to enter in the trading. P.S. I must say that; in the long-term time frame ( usually more than 1-H ), this method of Candlestick analysis is more effective. ---------------------------------------- Please write any advice or suggestions. Dear friends, request any cryptocurrency pair, currencies pair for forex, and any index that you want to be analyzed and ask any questions. Thanks for your attention
Short
by Arash-RK
Shooting Star Candlestick What is the Shooting Star Pattern? 1. A shooting star is a type of candlestick pattern which forms when the price of the security opens, rises significantly, but then closes near the open price. 2. The distance between the highest price of the day and the opening price should be more than twice as large as the shooting star’s body. What does Shooting Star tells you? 1. Shooting stars signals a potential downside reversal and is most effective when it forms after 2-3 consecutive rising candles having higher highs. 2. A shooting star opens and rises strongly during the trading session, showing the same buying pressure that is seen over the last trading sessions. 3. At the end of the trading session, the sellers push the price down near the open. 4. This shows that the buyers have lost control by the end of the day, and the sellers have taken over. 5. The long upper shadow indicates that the buyers are losing position as the price drops back to the open. 6. The candle after the shooting star gaps down and then moves lower on heavy volume. 7. This candle helps in confirming the price reversal and indicates that the price will continue to fall. Trading Scenario 1. Trade Entry: Before you enter a shooting star trade, you should confirm that the prior trend is an active bullish trend. 2. Stop Loss: You should always try to use a stop-loss order when trading the shooting star candle pattern. 3. Taking Profits: The price target for this trade should be equal to the size of the shooting star pattern. Limitations of Shooting Star 1. One should not only rely on a candle pattern like in a shooting star for making trading decisions. 2. This is why confirmation is required, one can confirm by the next candle or other technical analysis indicators. 3. One should also use stop losses when using candlesticks to control the losses. 4. A candlestick pattern is more significant when it occurs near an important level signaled by other forms of technical analysis.
BINANCE:ETHUSD.PEducation
by yaser_rahmati
U.S. Bonds & Stocks is ready for a rebound, why?One of the ways to determine U.S. stocks and indices’ direction in the long-term is to also know where the U.S. bonds markets are heading. Why? This is because the US bonds, its market capitalization can be as large as all the U.S. stocks market combined; therefore, it is also as important to also track its direction. In the macro trend over generations, the bonds move in tandem with the stocks market, meaning if bonds are heading up, the stocks market will likely follow. • Where is the main trend of the 30 Years T-Bond? • Why is the stocks market due for a rebound in the coming week? For this demonstration, I am using the CBOT U.S. 30 years T Bond Futures. If you are interested to research and explore into other treasuries tenures and the yield curve, under symbol search, Futures tab – search for Bonds, Notes or Yields. Disclaimer: • What presented here is not a recommendation, please consult your licensed broker. • Our mission is to create lateral thinking skills for every investor and trader, knowing when to take a calculated risk with market uncertainty and a bolder risk when opportunity arises.
CBOT:ZB1!Long
by konhow
Muthoot FinanceHello and welcome to this analysis on MUTHOOT FINANCE cmp 1130 After peaking out in NOV 2021 it gave a Head & Shoulder breakdown in JAN 2022 which lead to a Bearish Alt ABCD 1.6x breakdown. Now after completing its Bearish Alt ABCD it has reversed with a Bullish Harmonic Alt Shark with a Long Legged Doji candle and a Positive RSI Divergence. It could bounce back to 1200 (initial target) to 1275 where it might retest the falling trend line. The pattern would be considered invalid below 1070
NSE:MUTHOOTFINLong
by Dinesh_C_Nagpal
2
Pullback Candles (Candlestick Analysis) Guaranteed Winners!!!! Pullback Candle will signal when price is at the end of a pullback and entering a balance phase in the market (works on all markets) Also we can expect a Pullback Candle during flash crashes as the theory of this script is when there is a turning point in momentum - this candle will appear and we can look long from this signal. This candle will only work in Swing Low areas and appear when below an moving average which can be changed in the settings. This candle will work on all timeframes - HTF provided very good rexpectancy whereas the LTF has a slightly less expectancy. This candle can be alerted to signal the Pullback Candle when the bar is confirmed and not during. The way i trade this candle is 1) Candle signal must be in probably area to increase efficiency. 2) Enter on the second candle after candle IS CONFIRMED 3) Set stop loss below Pullback Candle or use ATR value 4) Trade with the trend ie only bullish price action 5) This candle can catch falling knifes - we had one on LUNA before the rally to $7.50 6) Trading with a confluence along with the Pullback is better than solely trading this candle Please leave a comment. If we get to 100 likes i will publish the script. Have a good weekend :)
BINANCE:BTCUSD
by LuxTradeVenture
1
BNB/USDT : Broke below the support zone! BINANCE:BNBUSDT Hello everyone 😃 Before we start to discuss, I'll be so glad if you share your opinion on this post's comment section and hit the like button if you enjoyed it! $BNB has broken below the demand zone and now it's retesting the broken zone. The mentioned zone has held the price above $300 for more than 280 days and it's finally got broken! Not so sure about the market's current bias; But I'm going to locate my Short based on PA we have here. But there're a few factors that we need to look for : - The Stop-loss should be managed by active management, Because we had the stop-hunt above the last master candle earlier. - Entry should be located into the broken support zone. - Don't use High leverage. - Don't engage more than 3% of your portfolio. Hope you enjoyed the content I created, You can support us with your likes and comments! Attention: this isn't financial advice we are just trying to help people with their vision. Have a good day! @Helical_Trades
Short
by Helical_Trades
10
BTC 5th Red Weekly CloseBitcoin has just closed for the 4th time in history with a 5 declining candle a week in a row. The last time such a situation took place 7 years ago. We've never had 6 weeks of a downtrend. There is an opportunity for the statistically probable closing of the week in positive territory. It means a high probability of winning the LONG trade this week. The last three times have had 10% returns over the week. Indicator I used can be found in my scripts. Let me know what to you guys think.
INDEX:BTCUSDLong
by MarekZatwarnicki
It's time for a pullback on EURUSDEURUSD has reached the previous low and now we want to see if it will be able to break below it. If the breakout is unsuccessful then we could see a pullback to around 1,0900. If that would happen then ideally we want to see another test of the low with a wick below it but a candle close to the upside. That could also signal for aggressive entries with stops just below that reversal candle. In case of price going up against the main trend then we want to make sure we move our stops to BE as soon as possible.
by ForexTrendline
10
How to Read a Candlestick | Beginners Guide 🕯 Hey traders, If you follow me for quite a while you probably noticed that I apply a candlestick chart for the market analysis. In this post, we will discuss how to read an individual candlestick and we will outline its important elements. 🔰The candlestick reflects the price movement for a selected period of time. An hourly candle will show you a price action within an hour and a daily candle within a day. 🔰The candlestick pattern has a very specific shape: it is composed of a body and a wick. The wick of the candle indicates the range of the price action within the candle. Its upper wick will show you the highest price during that time period and its lower wick will show the lowest price, while the body of the candle indicates its opening and closing price. 🔰From the color of the body of the candle, we identify its direction. Green signifies a bullish candle while red signifies a bearish one. 🔰The lower boundary of a body of a bullish candle will show its opening price and its upper boundary its closing price. 🔰The upper boundary of a body of a bearish candle indicates its opening price and its lower boundary its closing price level. With so many elements within a single candlestick, one can derive a lot of valuable information. Some candlesticks have a very specific form and are called candlestick patterns. They are applied for predicted the future market behavior. A proper reading of a candlestick chart may unveil a lot of insights about the market so it is very important for you to learn to work with that. ❤️Please, support this idea with like and comment!❤️
BITSTAMP:BTCUSDEducation
by VasilyTrader
12
Channel Trading On Luna 11/04/2022Channel Trading consist of price fluctuating between two parallel lines which forms the channel. We look to buy when price is bouncing off the trendline connecting the Hl and look to sell when on the upper trendline connecting the HH I wont speak too much on Channel Trading but if so please drop a comment. We have the bearish set ups on the left side of the screen with the bullish set ups on the right side. The green bubbles produced long entries whereas the purple bubbles produced short signals. BINANCE:LUNAUSDT
by LuxTradeVenture
Candlestick Charts Part 1 Hello everyone, as we all know the market action discounts everything :) _________________________________Make sure to Like and Follow if you like the idea_________________________________ A lot of people wanna start trading but they don't know where to start, So i decided to create a series of videos to help new traders understand the Market, Charts, and Patterns. Today's video will be about the Candlestick Chart and it's going to be Part 1 out of 3 Part 1 will be about the theory and structure of the Candlesticks and the different types of Candles. Part 2 will be about Candlesticks Reversal Patterns. Part 3 will be about Candlesticks Continuation Patterns. So let's start with talking about the candlestick chart in general: In the 1700s, a Japanese man named Homma discovered that, while there was a link between price and the supply and demand of rice, the markets were strongly influenced by the emotions of traders. Candlesticks show that emotion by visually representing the size of price moves with different colors. Traders use candlesticks to make trading decisions based on regularly occurring patterns that help forecast the short-term direction of the price. There are 3 different types of Candles : Bullish Candle Bearish Candle Doji 1) Bullish Candle A Bullish candlestick shows the market's open, high, low, and close price for the day. The candlestick has a wide part, which is called the "real body." Bullish means that the market is going up. This real body represents the price range between the open and close of that day. The Shadow or wick or tail represent the high and low of the market. 2) Bearish Candle A Bearish candlestick shows the market's open, high, low, and close price for the day. The candlestick has a wide part, which is called the "real body." Bearish means that the market is going down. This real body represents the price range between the open and close of that day. The Shadow or wick or tail represent the high and low of the market. 3) Doji The Doji has 5 Different types : Standard Doji A Standard Doji is a single candlestick that does not signify much on its own. To understand what this candlestick means, traders observe the prior price action building up to the Doji. Trades based on Doji candlestick patterns need to be taken into context. For example, a Standard Doji within an uptrend may prove to form part of a continuation of the existing uptrend. But it could be a reversal of an uptrend which shows the importance of confirmation post the occurrence of the Doji. Long-legged Doji The Long-Legged Doji simply has a greater extension of the vertical lines above and below the horizontal line. This indicates that during the timeframe of the candle price action dramatically moved up and down but closed at virtually the same level that it opened. This shows the indecision between the buyers and the sellers. Dragonfly Doji The Dragonfly Doji can appear at either the top of an uptrend or the bottom of a downtrend and signals the potential for a change in direction. There is no line above the horizontal bar which creates a ‘T’ shape and signifies that prices did not move above the opening price. A very extended lower wick on this Doji at the bottom of a bearish move is a very bullish signal. Gravestone Doji The Gravestone Doji is the opposite of the Dragonfly Doji. It appears when price action opens and closes at the lower end of the trading range. After the candle open, buyers were able to push the price up but by the close they were not able to sustain the bullish momentum. At the top of a move to the upside, this is a bearish signal. 4 Price Doji The 4 Price Doji is simply a horizontal line with no vertical line above or below the horizontal. This Doji pattern signifies the ultimate in indecision since the high, low, open and close (all four prices represented) by the candle are the same. The 4 Price Doji is a unique pattern signifying once again indecision or an extremely quiet market. I hope that I was able to help you understand The basics of The Candlestick Chart and if you have any more questions don't hesitate to ask. Hit that like if you found this helpful and check out my other video about the Moving Average, Stochastic oscillator, The Dow Jones Theory, How To Trade Breakouts, The RSI , The MACD , The Bollinger Bands and The Different Types Of Trading Strategies links will be bellow
BITSTAMP:BTCUSDEducation
by GabiDahduh
5