NASDAQ:DDOG is struggling to make new highs. It needs to hold this support. The doji that formed at the end of the day does not bode well for a breakout. Does this mean their dream to chase down NASDAQ:SPLK market share may have to wait? Bullish Case - This is a tough level but not impossible. If they can add more value to shareholders, it can attract more...
FCPO closed higher at 5539 after gap filled at 5612 by last Friday but posted weekly losses. What were the factors that caused crude palm oil prices struggling to maintain above 5800? 1. India reduce farm infrastructure tax on CPO to 5%, which will effective until Sept 30, with the objective to increase gap between CPO and refined palm oil to benefit the domestic...
Look at THAT TOP!! The long legged Doji may as well be a Gravestone / Orphaned Baby. There's a gap just under the daily low and after a 360%+ run from the 25th of June, it's gotta pull back from a $9.98 resistance. I left the Fib overlay intact from yesterday as it snap fits like a glove. Also, just look at the ski tips on those MA's (50/200). I've been watching...
Take care here. Inverted hammer/gravestone doji coming on bitcoin weekly chart. Selling momentum accelerating. This is not a place to be going long. Swings yes, but the bear market is well and truly in.
''SELL MARKET ORDER'' Why sell? Head & shoulders pattern 0.786 retracement in 1.272 time Gravestone doji Good luck to all trading this pair!
Hello again! At first: don't trust me - It's your money - Your decisions Let's have a look on the weekly timeframe: Overall i'm very bullish on XRP for the next couple of weeks, but there is a bearish gravestone on the weekly. We saw a nice bull run on the daily without clean retracements, so it's likely that the gravestone pays out and we see some pullback....
Amzn printed a gravestone candle on the weekly. How fun would it be if it it made a replay from February and ran back up next week just to close at the lows.
This Gravestone doji seems to support the theory expressed in my previous post that more than 7 green candles in a row on the weekly chart is unlikely and there will be a bearish trend reversal.
Gravestone Doji on the NDX daily = trend reversal. We should be heading back down, now that we've run out of good news.
So, all last week the hype, and what was keeping the pumpers pumping, was good news on the trade war front. The news - talks would resume, and China would not immediately retaliate. But, there were 2 key words in there that the bulls didn't want to think about: "talks" and "immediately." Talks would resume - So what? They've never really stopped "talking."...
Deadly bearish gravestone doji on Friday, which also rejected the neckline to a potentially large and bullish inverse H&S pattern. Either way I stay cyclically bullish given my work on the weekly and monthly charts, as well as developments in EM in general. Short-term however, this one sees bearish follow-up on Friday's candle and could pull back towards $9 worst...
A very nice looking Gravestone Doji has formed on the 4-hour chart for GBP/JPY. A few points to note: A) Daily failed to close above 170.00 B) I expect an ABCD pattern to form. If correct, then the timing of this Gravestone Doji is perfect. The ABCD pattern may start its C/D leg at around the 167.00 level, of which is where the downtrend ended and a great buying...