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Doji

Daily Resistance-turned-Support - Roses are red, violets are blue. I’m looking at these hot dollar charts and you should, too! - This level was like a nightmare for bulls from Apr2016-to-May2017 before it finally break above in Jul, as you all know this resistance turned to support level so it's not surprising that the pair retrace from this area since 50% fibo retracement right smack on it, RSI is kissing oversold area, with that hot doji candle - Buying at current levels could still get you a pretty sweet deal especially if you aim for the previous highs 0.8000. If you’re no fan of the (Aussi) , though, then you could also wait for a break below the support level and trade a downside breakout instead. Good luck brothas !
Long
by YaseenG.Housari
Radium is it ready to go lower ?There are two quite visible head and shoulders formation on daily or weekly chart. THere are two gaps based on the weekly chart which are very nicely respected by current market. I market with yellowish rectangle the perfect rejection of the attempt to go higher. GAP erased all gains and pushed pair lower. I don't see reason why this pair couldn't go as low as 0.0005000. I wouldn't buy at this level anyway. It should touch 0.001000 level soon and let's observe what will happen next.
RShort
by Krystiannwk
2
Clams this is madness :)This is daily chart on which I marked few important candlestick patterns. We can see here clearly three white soldiers, engulfing candle and doji candle which was rejected after trying to breach psychological level 10k. I marked on the bottom of the chart GAP based on the weekly chart. I would expect for this pair to reach 0.0022000 level first and then 0.0058000 which give us very very nice risk reward ratio. That candle marked with yellowish rectangle is very good signal that the previous bottom created strong support. This doji candle suggesting bullish trend.
CLong
by Krystiannwk
7
ETHBTC Weekly Chart Analysis, TD Sequential and Spinning TopTaking a step back and looking at the Weekly ETHBTC Chart, we see that the TDSequential Indicator signaled a Buy Trade (Red 9) on the week of December 5th, 2016 around the level of .01 BTC. This level held steady until the breakout in February 2017. When the market finally reached exhaustion, we were signalled a Sell Trade (Green 9) on the week of June 19th. Smart traders could have anticipated the 9 and made the trade one candle earlier on the week of June 12th (Green 8) to lock in maximum profits. Since the Sell Trade signal, we have had a four-candle correction to the downside (two to four is typical) and are now watching a Bullish Spinning Top form on top of the .5 "Fibonacci" Retracement Line as the week of July 17th comes to an end. If the Doji completes and we do not break below the longterm Bullish Trendline and 20-Week EMA, we can expect a bounce upwards to try to break out of the Bearish Channel. It should be noted that when zoomed into the Daily Chart, we were already given two Buy Trade signals on June 27th and July 9th (both Red 9's) and as of today, July 23rd we've made a Red 4 count in yet a third Buy Trade sequence. For confirmation of the trade, we should look for the RSI to make a tick towards the upside on the next weekly candle, or at least to hold above 50. On our move upwards we can expect resistance (and place targets) near .1 BTC and .12 BTC, both of which correspond to Fibonacci Retracement Lines, and again near .14 BTC which corresponds with the TDST Line (Tom Demark Setup Trend) before re-testing All Time Highs near .15 BTC.
by TV_Indicators
Pre-Breakout Buildup on GBPUSD (LONG) ---- ANALYSIS ---- ... After breaking above Daily S/R line (1.3050) on Jul-14, price retraced to roughly 1.3000 ... Since then, Price has tested S/R line repeatedly and formed five (4h) doji candles within the last 24 hours ... Expectation is for possible Bullish breakout above 1.3050 in the 50-80p range ---- ACTION(S) ---- ... Waiting for confirmation of breakout at/above 1.3050 ... Will then enter market (LONG) with TP: +60 / SL: -30 ... May adjust TP if price show willingness to rise further ---- ADDITIONAL NOTES ---- ... 1.3050 is also a previous Daily Swing-High (from May-18) ... Be mindful of GBP news affecting price on 7/20 (Retail Sales) and 7/21
Long
by DollarBuddha
2
Short USDJPY, 4 Hr chart, Major resistance / Selling activity.On the 4 hourly chart we see resistance with the long tails / Dojis in the candle price action. They appear to be respecting the Major resistance line which has previously been a major Pivot or Swing line. A lot of selling activity and short positioning may be occurring here. This might be reinforced with the poor US Economic fundamentals, poorly received Trump budget, price action re-entering into the bearish channel and resistance at a previous Major Pivot / Swing point.
Short
by Quadricolor
Aussie strong signals suggesting bullish movement Fibonacci retracement 50% is a very good place to enter the market with low risk and high reward possibility (see link) . I found many interesting patterns on this chart. Blue rectangle is showing head and shoulders formation on 1H chart. Engulfing candle on 4H chart There is Doji candle suggesting strong buying power at the 50% level There is also GAP from Daily chart down below 50% marked with two blueish parallel lines. All these patterns mentioned above are strong indicator that the pair will move towards TP area.
Long
by Krystiannwk