Get started

Candlestickpattern

An Uptrend Pattern!The candlestick pattern indicates a continuous price uptrend towards the MA20 line backed with high volume. Precaution because the last candlestick indicates a "shooting star" candle, hence, the probability of price correction between the trendline channel or potential resistance area around the price range of the candle. The MACD confirms the price uptrend towards the next price resistance. The RSI indicates a fresh buying interest in the stock. Let's put KAB in WL and watch out for continuous price movement toward the next price resistance backed with volume. R 0.470 S 0.425
MYX:KAB
by eskopitehmilo
EURUSD - 5-0PatternWell, if you guys are aware, I do not usually post an analysis based on M15 timeframe, but this setup is worth watching. The distance between the red and blue line is 43pips, substantial profit between the 2 levels. On the red dotted line, come the completion of the Bearish Shark Pattern and the blue dotted line, Bullish 5-0 Pattern. Candlestick Pattern confirmation is required before one consider it as an trading ideas. p/s do your own analysis and never follow blindly
Long
by RaynLim
5
A Breakout Signal!The candlestick indicates a breakout signal when the price closed above the MA20 and MA50 lines. Hence, a strong uptrend signal with volume backed the significant price movement. The MACD is in a divergence signal and hence aligns with the significant price movement toward the next price resistance. The RSI oscillator indicates a buying interest in JETSON hence pushing the price to its recent peak price. Let's save JETSON in WL and watch out for the price hit the next resistance price. R 0.245 S 0.190
MYX:JETSONLong
by eskopitehmilo
Head and Shoulders Pattern On Natural GasHere we have a textbook Head and Shoulders Pattern after a strong uptrend on natural gas. The volatility between the head and the kneckline was 19% so we used this as our main take profit area. At first it seemed too much of a price move however 4 weeks later not only did we get past the 19% take profit area, price went down further to 26%. This was a big trade to take, the entry for this set up is below: entering on the break and retest of the pattern. Using the rally candle for the signal to enter was key also. Also had a 2nd opportunity to enter the downtrend and this was the continuation pattern = symmetrical triangle (if located in a downtrend then the chances are that breakout will be to the downside Follow me for more analysis and candlestick signals.
CAPITALCOM:NATURALGAS
by LuxTradeVenture
Strong Uptrend Pattern!The candlestick pattern indicates rising candlesticks methods, hence, a bullish continuation candlestick pattern that occurs in an uptrend towards the next price resistance. Backed by high-volume support the price continuous movement. RSI indicates a fresh buying interest in the stock hence the oscillator graph above indexes 50. Thus confirming the price movement. The OBV and MACD show a continuous uptrend and backed the price movement toward the next price resistance. Precaution for a price correction between 10%-20% from the recent peak due to short position by the traders. Let's save TOPGLOV in WL and watch out for significant price movement towards the MA50 line backed with volume. R 0.780 S 0.630
MYX:TOPGLOVLong
by eskopitehmilo