Candle
NZDCHF Sell Setup!Hello everyone, if you like the idea, do not forget to support with a like and follow.
on DAILY: NZDCHF is sitting around a strong resistance in green so we will be looking for sell setups on lower timeframes.
on M30: NZDCHF formed a valid trendline in red so we are waiting for the last swing to form to consider it our trigger swing.
Trigger: Waiting for a momentum candle close below the gray area to sell.
NB: Until the sell is activated, this one would be overall bullish.
Good luck!
GBPCHF Sell Setup!Hello everyone, if you like the idea, do not forget to support with a like and follow.
on DAILY: GBPCHF is sitting around a strong resistance/supply in blue so we will be looking for sell setups on lower timeframes.
on H1: GBPCHF formed a valid channel in red.
Trigger: Waiting for a momentum candle close below the gray area / neckline to sell.
NB: Until the sell is activated, this one would be overall bullish .
Good luck!
Short term reversal, Shooting Star, for the S&P 500?The SPX shows a “Shooting Star” candle pattern. The shooting star candle is much like the “Inverted Hammer” but it comes after a move up in price.
This is a bearish candle for many reasons.
- After shooting higher, the bears were able to drive price all the way back below the open, near the low.
- Long wicks above the real body in candle charting therefore represent selling pressure.
- The close was near the open, creating a small real body.
- Small real bodies in candle charting represent indecision, uncertainty. This uncertain pause coming after a move up is not good for the bulls.
Adding weight to this perspective is that this candle pattern is formed at resistance of prior highs. When there are a confluence of events lining up then it allows an investor to have more confidence in the idea.
Also, interesting to note that the other major U.S. Indices are showing bearish candles. The Dow Jones Industrial is showing a similar candle to this, albeit just above prior highs, and the Nasdaq Composite is showing a “Bearish Engulfing” pattern.
Bearish Reversal Candlesticks PatternsHanging man
The hanging man is the bearish equivalent of a hammer (bullish pattern). It typically forms at the end of an uptrend with a tiny body and a long lower wick. The lower wick designates that there was a large sell-off, but bulls headed to take back control and drive the price up. Holding that in mind, after a lengthened uptrend, the sell-off may act as a warning that the bulls might soon be losing control of the market.
Shooting star
The shooting star is a comparable pattern as the inverted hammer (bullish pattern) but is formed at the end of an uptrend. The shooting star is composed of a candlestick with a long upper wick, little or no lower wick, and a small body, ideally near the low. It indicates that the market reached a high, but then sellers took control and drove the price back down.
Three black crows
The bearish equivalent of three white soldiers (bullish pattern). The three black crows are made of three sequential red candlesticks that open within the previous candle’s body, and close at a level below the previous candle’s low. Ideally, these candlesticks shouldn’t have long higher wicks, betokening continuous selling pressure pushing the price down. The dimension of the candles and the length of the wicks can be used to estimate the chances of continuation.
Bearish harami
The bearish harami is a long green candle followed by a small red candle with a body that’s completely contained within the body of the previous candle. The bearish harami can unfold over two or more days, marks at the end of a downtrend, and may symbolize that buying pressure is decreasing.
Dark cloud cover
The dark cloud cover pattern consists of a red candle that opens above the close of the previous green candle but then closes below the midpoint of that candle. It can often be co-occurred by high volume, indicating that momentum might be shifting from the upside to the downside. Traders might wait for a third red candle for confirmation of the pattern.
Best regards EXCAVO
Trend Continuation Candlesticks PatternsTrend Continuation Candlesticks Patterns
There are countless candlestick patterns that traders can use to identify areas of interest on a chart. These can be used for day trading, swing trading, and even longer-term position trading.
Rising three methods
This pattern occurs in an uptrend, where three consecutive red candles with small bodies are attended by the continuation of the uptrend. Ideally, the red candles shouldn’t breach the area of the previous candlestick. The continuation is confirmed with a green candle with a large body, symbolizing that bulls are back in control of the trend’s direction.
Falling three methods
The inverse of rising three methods, indicating the continuation of a downtrend instead.
It’s relevant to note that candlestick patterns aren’t fundamentally a buy or sell signal by themselves. They are rather a way to look at market structure and a potential indication of upcoming opportunities.
My dear friends, the sooner this publication gets 300 likes, the earlier I will make the next education post about other candlesticks patterns.
Best regards EXCAVO
NWCUSDT Apex|Equilibrium|Demand Zone|Local Range|Volume ProfileEvening Traders,
NWCUSDT update, trading in a equilibrium closing in on its apex, a break will be imminent.
Points to consider,
- Trend higher lows (Dynamic Support)
- Valid demand zone (wick candle closes)
- Price Apex (Support and Resistance converging)
- Local Range
- Volume profile increase
NWCUSDT’s immediate price action is trading in equilibrium, price is close to its apex thus a break will be highly probable.
The trend is making and holding its higher lows on dynamic support. A break down into demand zone is a valid trade location.
The volume profile has increased significantly, this is indicative of more trading activity and a probable floor being established due to recent huge price expansion.
On a fundamental scale – NWCUSDT has had a big announcement – NWCUSDT WALLET to be launched on the 25/09/2020.
This will allow all users to successfully receive, send and store their new NWCUSDT token. User also has the capabilities of checking their balance and transactions.
This is currently only available on the Android, future iOS version and staking will come to fruition.
Overall, in my opinion, price is imminent to breakout of its apex; there are clear technical levels that are likely to get tested. Fundamentally, NWCUSDT has taken another leap to attract investors and most importantly traders of the crypto community. Price has a high probability of gaining momentum when taking out range high.
One to keep an eye one!
Thank you for following my work!
📖 Japanese candlestick charts. Part 1We are beginning a new theme “Trading strategy’s most important technical analysis tools”.
Today we are going to tell you about the most important things in trading, candlesticks!
📌Japanese candlestick charts were developed in the 17th-18th centuries by the Japanese rice traders. They were introduced to trading by Steve Nison in the 20th century. It's a simple, but very important tool for technical analysis, as these candlesticks contain different information about the market. I guess that everyone in this channel already knows how to read candlesticks, so we are going to talk about their usage.
⚡️First — its form, this shows market participants’ state and mood. It could show their doubts/balance (doji) or trend exhaustion (graph looks like a hammer or a falling star). There are only a few main models, and we are going to talk about them in the future. However, you can start learning about them yourself by saving the screenshot below.
⚡️Candlesticks show reversals and it is what we need in trading. By trading reversals you are catching the trend, it could be short or long. However, you will be able to understand when the trend is exhausting and you will be able to leave trade when there is a reversal. In addition to the presence of the reversal pattern itself, the preceding trend is important, you have to have at least 3 candles. If there isn’t a clear trend, then there is no trade. Additionally, we are looking at the candlesticks’ volumes and how trading continues after the last reversal pattern. We are entering position not on the reversal candlesticks, but on the following ones after the trade (or candlestick above/below fixation, depending on a situation)! Reversal setup is a needed factor, but it's not enough to enter a trade.
📌 And these are not all of the necessary conditions for implementation! You have to understand that you are getting rid of risky positions that not only will give you headache but could also result in losses. You should only trade in situations where you are confident in, the confidence is achieved by fulfilling very certain conditions, of which only few people in the market know about. Continued in part 2.
MAHANAGAR GAS 10 July 2020MAHANAGAR GAS 10 July 2020
SHORT-SELL MGL @ 988
We have given this order based on the derivatives and our self owner equations - yes we have made huge numbers today. Cheers Guys! You did well !
Great order @ perfect price and perfect entrance
Mahanagar gas levels are clearly explained in the picture.
Our analysis is based on 1 Hr charts and we believe 1 hour charts are a perfect tool for the daily trends and intraday analysis. Our support and resistancelevels are unlike others , we opt for hourly charts and technical analysis . Our analysis is based on levels , algorithms which we created , beyondtechnical analysis and mathematical equations and derivatives.
In the chart you can see the red and blue rounds. Clearly it shows the Supprt and resistance levels with accurate dynamics.
Sometimes we work on daily and weekly charts too for derivatives and fundamental analysis .
It’s a good idea to short sell at the current price as it’s averaging there.
Top resistance and Support is given clearly.
However average sell can be given at current price.
The lower highs and the lower lows give are also clearly explained and detailed for our intraday Analytics.
Our ideas and levels are our own created and out of our strong fundamental basic knowledge on trading and the self created analysis. That’s the reason we are highly accurate on forecasts we give.
Contact me for more analysis and recommendations.
Sunpharma 10 July 2020Sunpharma 10 July 2020
Sunpharma buy @ 490
We have given this signal with the trend on daily charts comparing the 1he candle chart trends since 1 month. Clearly a winner deal.
Book profits at good levels clients.
Sunpharma levels are clearly explained in the picture.
Our analysis is based on 1 Hr charts and we believe 1 hour charts are a perfect tool for the daily trends and intraday analysis. Our support and resistancelevels are unlike others , we opt for hourly charts and technical analysis . Our analysis is based on levels , algorithms which we created , beyondtechnical analysis and mathematical equations and derivatives.
In the chart you can see the red and blue rounds. Clearly it shows the Supprt and resistance levels with accurate dynamics.
Sometimes we work on daily and weekly charts too for derivatives and fundamental analysis .
It’s a good idea to short sell at the current price as it’s averaging there.
Top resistance and Support is given clearly.
However average sell can be given at current price.
The lower highs and the lower lows give are also clearly explained and detailed for our intraday Analytics.
Our ideas and levels are our own created and out of our strong fundamental basic knowledge on trading and the self created analysis. That’s the reason we are highly accurate on forecasts we give.
Contact me for more analysis and recommendations.
Banknifty 08 July 2020Banknifty 08 July 2020
BANKNIFTY CAN be BOUGHT NOW at 22835 TG 22950
Based on our Analytics and derivatives
Banknifty levels are clearly explained in the picture.
Our analysis is based on 1 Hr charts and we believe 1 hour charts are a perfect tool for the daily trends and intraday analysis. Our support and resistancelevels are unlike others , we opt for hourly charts and technical analysis . Our analysis is based on levels , algorithms which we created , beyondtechnical analysis and mathematical equations and derivatives.
In the chart you can see the red and blue rounds. Clearly it shows the Supprt and resistance levels with accurate dynamics.
Sometimes we work on daily and weekly charts too for derivatives and fundamental analysis .
It’s a good idea to short sell at the current price as it’s averaging there.
Top resistance and Support is given clearly.
However average sell can be given at current price.
The lower highs and the lower lows give are also clearly explained and detailed for our intraday Analytics.
Our ideas and levels are our own created and out of our strong fundamental basic knowledge on trading and the self created analysis. That’s the reason we are highly accurate on forecasts we give.
Contact me for more analysis and recommendations.
Mahindra and Mahindra finance 07 July 2020Mahindra and Mahindra finance 07 July 2020
Mahindra and Mahindra finance buy given at 195
As per the day trends and hour charts we have hit the bulls eye again.
All clients made profits with least investment. Our hourly charts are our forte and our analysis sticks to beyond technical analysis we do.
M-MFIN levels are clearly explained in the picture.
Our analysis is based on 1 Hr charts and we believe 1 hour charts are a perfect tool for the daily trends and intraday analysis. Our support and resistancelevels are unlike others , we opt for hourly charts and technical analysis . Our analysis is based on levels , algorithms which we created , beyondtechnical analysis and mathematical equations and derivatives.
In the chart you can see the red and blue rounds. Clearly it shows the Supprt and resistance levels with accurate dynamics.
Sometimes we work on daily and weekly charts too for derivatives and fundamental analysis .
It’s a good idea to short sell at the current price as it’s averaging there.
Top resistance and Support is given clearly.
However average sell can be given at current price.
The lower highs and the lower lows give are also clearly explained and detailed for our intraday Analytics.
Our ideas and levels are our own created and out of our strong fundamental basic knowledge on trading and the self created analysis. That’s the reason we are highly accurate on forecasts we give.
Contact me for more analysis and recommendations.
Bharatforg 03 July 2020Bharatforg 03 July 2020
Buy BHARATFORG @ 348.50
Dear traders kindly follow our signals for maximum profits, our signals are based on analytics, algorithms, mathematical derivatives.
Always be a responsible trader, kindly trade only when you have maximum opportunity in the market with minimum risk and with keynotes like data,analysis and proper strategies.
Kindly message me for profit making signals and trades.
Also please read the comments section for changes i give if any changes in the entry level
Todays performance report 01 July 2020Todays performance report 01 July 2020
Dear traders it’s great to be here sharing ideas and thoughts with each one of you.
Coming back to business, we have given 2 recommendations today
1. GLENMARK sell @ 430 - targets reached profits made
2. Jublfood sell @1713 - targets reached profits made
Our total 2 signals today (given to subscribed clients) each signal reached targets and achieved profits for your clients. Here on this trading view platform we are however posting few signals to check our accuracy.
Many people made huge profits today and as per my predictions , the market was running same direction and entry and exit strategies where bang on target.
Well done team!
Our signals are based on analytics, algorithms, mathematical derivatives.
Always be a responsible trader, kindly trade only when you have maximum opportunity in the market with minimum risk and with keynotes like data,analysis and proper strategies.
Kindly message me for profit making signals and trades.
Join our groups and make it big. Message me for more Information.
Today’s performance report June 30 2020Today’s performance report June 30 2020
Dear traders it’s great to be here sharing ideas and thoughts with each one of you.
Coming back to business, we have given 2 recommendations today
1. Hero MotoCo- Target reached profits made
2. Bank nifty - Target reached profits made
Our total 5 signals today (given to subscribed clients) each signal reached targets and achieved profits for our clients. Here on this trading view platform we are however posting few signals to check our accuracy.
Many people made huge profits today and as per my predictions , the market was running same direction and entry and exit strategies where bang on target.
Well done team!
Our signals are based on analytics, algorithms, mathematical derivatives.
Always be a responsible trader, kindly trade only when you have maximum opportunity in the market with minimum risk and with keynotes like data,analysis and proper strategies.
Kindly message me for profit making signals and trades.
Join our groups and make it big. Message me for more Information.
Nex 6 days ahead of bitcoin.For the first time after long weeks, actualy first time ever; at weekly time frame bitcoin is trading out of a very strong resistance area.
but it will take 6 days to this idea gets confirmation, so next 6 days will be a important days to watch they will have so many thing to show.
🎎Anatomy of A Japanese Candlestick🎎Hello, my dear-dear friends!!!😍As promised you, today we’ll talking about 🎎Japanese candles!!!
---Link on a good view🧡🧡🧡
🧐🧐If you are interested in learning about the configurations of Japanese candles, write about it in the comments, I make new post for you✍🏻
☝🏻Before analyzing any chart, trader can choose the option of displaying it in the form of lines, bars or candles.☝🏻
🎎Japanese candles can help to see well many patterns on the chart and are an additional tool for technical analysis.❗
❗❗❗ Searching and finding candlestick configurations is relatively easy, and signals they give can be very useful in developing trading strategies.❗❗❗
👉🏻Japanese candles are called candles🕯 because they resemble a candle with their elongated vertical shape, and Japanese🎎 - as they came from Japan. There, such figures were used to analyze changes in rice prices from the 17th century.
☝🏻Each individual Japanese candlestick looks very simple and consists of two elements:
👉🏻• The body of the candle is a rectangle that can be either very long or very short, down to one horizontal line.
👉🏻• Candle Shadows - vertical lines above and below the rectangle.
👊🏻 The essence of the Japanese candle is:
• One of the left corners of the candle body is the price of the asset at the time the candle opens.
• One of the right corners is the price at the time of closing.
For a green candle, the open price is the lower left corner, the close price is the upper right corner.
For a red candle, the opening price is the upper left corner, the closing price is the lower right.
The color of the candle depends on whether the price has changed up or down during its existence. If up, then it turns green💚, if down, then red🧡.
Japanese candles make it possible to predict:
• The occurrence of a trend.
• Continuation of trends.
• Change (reversal) of trends.
❗❗❗ There are a lot of candle configurations, however, they are all simple and easy to find on the chart. But it is important to remember that:
• Candlestick configurations alone are not enough to complete transactions.
• You need to look for other signals to determine when to enter the market.
• Be sure to calculate the global trend and make transactions only in its direction.
• It is better to use Japanese candles mainly on daily charts. On a smaller scale, the effectiveness of candlesticks is greatly reduced.
👍🏻Support me with like, I’ll prepare for you many more interesting training posts soon!💋
💙Stay with me💛
YOUR Rocket Bomb🚀💣