The S&P 500 just finished its third straight winning month. Now there could be signs of weakening as May begins. First, let’s revisit the price channel running along the index all year. SPX has been stuck at the top of that ascending range since the middle of April. Will prices retreat from the upper line? Second, last Thursday saw a new all-time high and a...
Current $BTC price is over-extended and waiting for a correction/reversal really strongly. I'm showing this in 4 hour chart but you can find the same candle patterns(hanging man) in 6, 8 and 12 hour time frames as well. But at 4 hour chart we have 2 hanging man candles followed by a shooting star, now all you have to do is to check if the next candle is going to...
H4: Failure to recover, firstly, above the secondary downtrend line resistance and secondly, the body (black candle) of the last H4 period, are the first signs of the validation of the “Hanging Man” pattern, previously mentioned which should now trigger further downside, focusing on the Fibonacci retracements levels and Mid Bollinger Band, which are : S1 :...
SHORT DESCRIPTION: - Nothing has changed! We are still inside DOWN TREND channel (long and short term)! - During Monday trading a huge "HANGING MAN" candlestick has formed, which is a BEARISH SIGNAL! - (Bloomberg) "Oil slipped with the rapid resurgence of COVID-19 in India and other countries casting a cloud around a return to normal consumption, even as OPEC+...
SHORT DESCRIPTION: - Nothing has changed! We are still inside DOWN TREND channel (long and short term)! - During Monday trading a huge "HANGING MAN" candlestick has formed, which is a BEARISH SIGNAL! - (Bloomberg) "Oil slipped with the rapid resurgence of COVID-19 in India and other countries casting a cloud around a return to normal consumption, even as OPEC+...
Hi guys, Just to share an update about my previous analysis. Things are doing well for us, but I have a concern about the last 1d candle, looks like a pattern that would bring our price down, hanging man pattern, let's wait for next for the confirmation. If the next candle is red there is our confirmation. Enjoy the profits, See you soon. Please give a like in...
Price has gone up around 15% since yesterdays analysis, however i still see there being further downside on this pair. While this has gone up, ETH and LTC have stayed relatively stagnant, while BTC is currently ranging between 50-55k. As shown on the chart we can see a head and shoulders pattern has formed along with a hanging man at the strong resistance level...
Hanging man on the daily at the resistance level of $32. Price has not breached this level since. Could be in for further bearish momentum unless we breach $32
Hi guys i hope u ejnoy this analysis in daily timeframe we have hanging man and we couldnt break all time high so maybe we have another dump till 50K and 48K next level is 42K but its better we wait for close another candle in daily after that we can chose and if we break all time high we can open long position and we will go till 70K tnx for supporting us
Possible Short setting up with a hanging man candle on the 1 day chart. We are almost at the top of the channel so a open under the hanging mans real body would be a good place to open a short position with a stop loss maybe just above the hanging mans upper wick i would also wait for the 1st 30 minutes of trading to conclude before possibly trading this as to...
On the NZDUSD H4 chart we have a Hanging Man candle stick directly below the upper trend line of a triangle. I have include my current active trade. I will more than likely not be holding this over night as New Zealand has potential high impact news coming out from RBNZ on interest rates. Option 1 (50pips) - Entry: 0.7220 - SL: 0.7255 - TP: 0.7173 Option 2...
Hi! I expect this coin, which I have been watching for a long time, to increase approximately 2.5 times in 2 months once the correction from the hanging man pattern is complete. It's my opinion, not an advice for you. If you have any other ideas please share with me.
Last week, the price rejected at Fibonacci level 4.236 Potential Pullback up to -50% Credit to @deSultanTM for providing a free VPVR-like indicator, Viper Find more about Viper👉
Hanging man on the SPY Daily Candlestick Chart, for all to see, follow through with negative print the next day, looking for further retracement.
Hello traders and investors! Let’s analyze Tesla today! First, Tesla lost the support at $ 847, which is now working as a resistance, following the Principle of Polarity of Technical Analysis, but we are still inside what is called Trap Zone . The price is in the area between its resistance and the 21 ema, and Tesla could explode to any direction from here....
Hello traders and investors! Let’s see how Tesla is doing today! First, the stock is in an extremely strong bull trend, and there is not a single one pullback or reversal sign (at least not yet). The last candlestick was a Hanging Man pattern, but it wasn’t triggered yet. We have some gaps around too, and they would work as targets if Tesla starts a...