Dear my Dragon Friends i saw the closing candle at this week with time frame Daily is "Hanging Man", that was means by monday we can see the reversal pattern (going down) our watchlist for down side is 2380-85 for the support if break we can get big pattern with Rising Wedge and will be going to 2280-2300. But if HOLD at this number 2380-85 we can see GOLD will...
Tron has confirmed a Hanging Man just above the PCZ of a Bearish Butterfly, it starts to play out I think it will come back down to meet the trend line at the 61.8% retrace as the current move above trend also happens to be a bit overextended.
Price has made some serious moves up but has formed two interesting candles just below a previous s/r area. The most recent candle is unfortunately not the greatest considering yesterday was a green day and formed a hammer but I still think EWTX is overextended. An insider has also just dumped a large amount of shares which further supports my bearish...
Once again, the indices are rising strongly. While the SPY is heading towards its all-time high, the QQQ and the Dow Jones ETF are already breaking a new all-time record, again. When will we see the market calm down again? What if a top signal appears on the indices? The SPY ETF is in a clear uptrend, making rising tops and bottoms, breaking its resistances and...
What is a Hanging Man Candlestick? A hanging man candlestick occurs during an uptrend and warns that prices may start falling. The candle is composed of a small real body, a long lower shadow, and little or no upper shadow. The hanging man shows that selling interest is starting to increase. In order for the pattern to be valid, the candle following the hanging...
#EURJPY Has been in uptrend for long enough time and the pair has started to show some exhaustion by creating this beautiful reversal pattern at the top. We have a potential opportunity for a short trade. + Don’t Forget To Match With Your Strategy. Like + Comments Will Be A Big Support. Disclaimer: Buying OR Selling is your own decesion. This is just my...
- Price is in an overall uptrend, creating higher highs and higher lows - Price made a bullish push and broke above the initial resistance/supply zone (blue rectangle), which now acts as a form of support/demand zone. -Price previously closed as a hanging man candlestick pattern which also hints at a possible reversal. - If the next candle ends in a bearish...
• TSLA stock looks impressive, as it is doing an important reaction today, trying to reject the Hanging Man candlestick pattern from Monday; • In theory a Hanging Man pattern is a famous top signal, however, evidence suggests that this pattern acts as a bullish continuation roughly 59% of the time (BULKOWSKI, Thomas. Encyclopedia of Candlestick Patterns, p....
The only know if i will how will be Ruint (my new fav words) thx to trading view chats Hilarious But back to business with no fundamental after Gold clear previous high i am attempting a short entry before any retest to see how far Gold could correct and where will it hunt for liquidity Am also look for volume imballance and accumulation phase to confirm my...
OANDA:EURUSD Hi , trader's .. As per technical analysis , it's visible that market is near to major resistance price can possibly form double top which can lead market to downside As price reject from this important resistance there is possible chance of Hanging man or doji candle formation Any reversal shape candle will be helpful for bear's to take...
A hanging man is given as a candle for Wednesday 3/8, if patterns are to be considered then look at Jan 24 and notice the same candle given and what has followed has been a sell off the following day (Jan 25) as well as or . I just notice things. Patterns. I also like Spy being aligned with the 5 day. It does appear we could be in a (W) double bottom bounce...
BINANCE:LINKPERP In the 1 Hr TF, we see the bearish Trend starting. The bearish engulfing candle and Hanging Man Candle that is good sign down side. Or break the previous H.L more confirmation to down side.
FX:EURUSD HI , TRADER'S OUR PREVIOUS TARGET ACHIEVED , Market succesfully breakout of falling wedge Now price touched 200 ema major resistance , A pull back for 60-70 pip's possible Market can again go up after testing 20 ,50 ema ❤️ Please, support my work with follow ,share and like, thank you !❤️
After a great Rally price has created a Hanging Man Pattern in the Daily chart of #banknifty. This Hanging Man has formed inside an Ascending Channel. Both of these patterns are Bearish in nature, hence expecting Bank Nifty to come down in near future.
$SPY $SPX $ES1! Analysis, Key levels, and Targets AND we’ve got a hanging man candlestick… On an upswing, the Hanging Man candle is often seen as an sign of potential reversal in trend. A gap down and a close under the body of today’s daily candle would be confirmation and continuation of reversal…. I think y’all know my position. This is the area from my...
EU Intraday trade. If H1 closes below 1.0620, we take shorts. My earlier view was of a stop hunt at 1.0680 levels before dropping but prices seems to be struggling to push up, now I'm expecting a bearish liquidity run. Hanging man candlestick pattern also present.
• NIO is still trapped inside a Bearish Flag chart pattern, which we already mentioned in my previous analysis (link below this post); • In theory, this is a continuation pattern, and since the long-term bias is bearish, NIO would trigger it downwards and seek the next target around $5; • What’s more, NIO is quite close to the 21 ema in the weekly chart, another...
Hanging Man and... Inverted Hammer Beside each other... Choose your side wisely! (I set this trade idea as "Long" if we hold this break in market structure @ 1270 area).