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Candlestick analysis

USDJPY-Weekly Market Analysis-Feb21,Wk4As mentioned last week, as long as USDJPY didn't break and close above 106.01, we are looking for that shorting opportunity. Traders who caught that and developed their trading opportunity would have gained 75pips(750USD/lot) or at least 62pips(620USD/lot) of running profit at this moment. If you had not engaged in the trade, a retracement back to 105.62 would give you an opportunity to engage the shorting opportunity. As long as the market didn't break and close above 105.68, it is good.
Short
by RaynLim
EURUSD-Weekly Market Analysis-Feb21,Wk4EURUSD is not showing the clearest sign of the market movement, it can swing either direction, if to choose a direction to go, I will choose to short it, the reasons as follows 1) The candlestick forms within the sell zone 2) The daily chart close with a long wick above the candle 3) it is a weak bearish candle close on the 4-hourly chart, but it is still a bearish engulfing candle. Breaking and closing below the previous low candle would prolong the bearish movement to 1.1981
Short
by RaynLim
2
BAT/USD 4h So Many Ways To GoHoping for a bullish scenario, but thinking of negative ones as well. Previous forecasts here were not that precise, but some of the expected levels worked. My nearest take profit goal is $0.75 and then will see What's your take on this? Please let me know in comments. This is not an investment advice as I'm not a financial advisor. Make your investment decisions at your own risk and perform your own researches. And REMEMBER: Likes and comments make your trades much more successful :)
BLong
by A_10W_Gene
Sundial Growers INCI heard about $SNDL from traders on Twitter. Sundial Growers, Inc. engages in the production and distribution of flower, pre-rolls and vapes. It operates through the following segments: Cannabis, Ornamental Flowers, and Corporate. Price action is showing us it's intentions so we basically need to be patient in order for it to play out to time a good location to execute some orders. I would actually like to see it head back down around the $2.00 area in the event this weekly candle close in strong bullish fashion. I'll update as it progresses over time. NOT TRADING ADVICE!
NASDAQ:SNDL
by ChrisJTradesFX
$DTEADAVIDsTEA Inc. operates as a retailer of specialty tea in Canada and the United States. The company offers loose-leaf teas, pre-packaged teas, tea sachets, and tea-related gifts; tea accessories, including tea mugs, travel mugs, teacup sets, teapots, tea makers, kettles, infusers, filters, frothers, tins, and spoons; and food, as well as tea beverages, such as hot or iced tea, and tea lattes. It provides loose-leaf tea in white, green, oolong, black, pu'erh, mate, rooibos, and herbal tea categories. As of February 01, 2020, the company owned and operated 231 DAVIDsTEA stores. It also provides its products through its Website, davidstea.com; and distributes products through 2,500 grocery stores and drugstores. The company was founded in 2008 and is headquartered in Mount-Royal, Canada.
DLong
by BADQOMOCAWGOWLD
USDJPY-Weekly Market Analysis-Feb21,Wk3If you are in our community you would have engaged the Bullish Crab Pattern on the USDJPY trade you would have gained 37pips and have your stop-loss shifted to entry without working the market might go against you. If you have not, that's not the end of the world, since the trendline(blue line) is not broken, that could be an opportunity for you to long. However, I won't do that. I would rather wait for it to retrace to its previous low point, or even better a bullish bat pattern form at 104.61.
Long
by RaynLim
Castor Maritime INC.I'm just publishing a quick markup of Castor Maritime Inc. $CTRM engages in the provision of shipping transportation services through it's ownership of dry bulk vessels. They also offer seaborne transportation services for dry bulk cargo including iron ore, coal and grain. I came across this stock when someone from this financial group I'm apart of mentioned it in the forum. At the time it was trading at $0.3006 per share, but it's raising fairly quickly. Price action recently broke market structure with very strong bullish momentum and it's currently heading towards a pivot area. I would look to shave off some profits from any open positions, read the tape and allow the rest to ride with the rally. We shall see..
NASDAQ:CTRM
by ChrisJTradesFX
8
$ADMPAdamis Pharmaceuticals Corporation, a specialty biopharmaceutical company, develops and commercializes products in the therapeutic areas of allergy and respiratory disease in the United States. The company's specialty pharmaceutical product candidates comprise Symjepi (epinephrine) Injection pre-filled syringe (PFS) for use in the emergency treatment of acute allergic reactions, including anaphylaxis. It also offers dry powder inhaler products consisting of fluticasone (APC-4000) for the treatment of asthma; beclomethasone (APC-1000), a metered dose inhaler product for the asthma; Tadalafil (APC-8000) for the treatment of erectile dysfunction; and naloxone injection product candidates (APC-6000) for the treatment of opioid overdose. In addition, the company provides corticosteroids, hormone replacement therapies, hospital outsourcing products, injectables, urological preparations, topical compounds for pain, and men's and women's health products; and certain veterinary pharmaceutical products for animals. Adamis Pharmaceuticals Corporation is headquartered in San Diego, California.
ALong
by BADQOMOCAWGOWLD
1