Shooting star or doji confirming resistance
So far my analysis is spot spot on.
We can see that the upwards spike was neutralized resulting in a doji or shooting star formation.
On the weekly we are seeing a classical shooting star formation.
If all goes well trades on the daily can be stepped up to a weekly.
IF CONDITIONS ARE FAVORABLE.
HAPPY TRADING GUYS
AND IF THIS SETUP HELPED YOU IN ANY WAY PLEASE LIKE OR LEAVE COMMENT
We can see that the upwards spike was neutralized resulting in a doji or shooting star formation.
On the weekly we are seeing a classical shooting star formation.
If all goes well trades on the daily can be stepped up to a weekly.
IF CONDITIONS ARE FAVORABLE.
HAPPY TRADING GUYS
AND IF THIS SETUP HELPED YOU IN ANY WAY PLEASE LIKE OR LEAVE COMMENT
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.