Rejectioncandle
USDHKD | Hong Kong Dollar 24 May '21 Rejection Candle USDHKD Rejection Candle formed on the Daily Chart.
NZDJPY Trend Line and Exponential Moving Average (EMA 10 EMA 20)NZDJPY. Watch how price reacts to the trend line and exponential moving average. Wait for a pin bar or rejection candle to form.
GBPUSD Support Resistance Level 1.39289Watch how price reacts to 1.39289 price level. A price action signal may form in the shape of a pin bar or rejection candle. Look to enter a long position if a pin bar or rejection candle forms at this level.
MFT/USDT - LONG - POTENTIAL 27%Look after your portfolio and it will look after you & If you liked this idea, please like and subscribe to my profile
PAIR: MFT/USDT
T/F: 1 HOUR
LENGTH: MEDIUM
RISK - MEDIUM
ENTRY: 939
TP1: 961
TP2: 1023
TP3: 1084
TP4: 1139
TP5: 1198
SL: 882
NOTES:
- IF TP1 AND TREND LINE IS BROKEN THEN STRONG INDICATION OF FURTHER TARGETS HIT
- UPTREND
- SUPPORT BREAKUP CANDLE
- STRONG SUPPORT ZONE
- CONSOLIDATION TO PULLBACK ON SUPPORT
- STRONG SUPPORT REJECTION CANDLE
KEY:
LENGTH:
SHORT = 1-2 DAYS
MEDIUM = LESS THAN 1 WEEK
LONG = > LESS THAN 1 MONTH
INVEST = MORE THAN 1 MONTH
RISK:
LOW = EG. STRONG SUPPORT // MULTIPLE BOUNCES // STRONG UPTREND // OVERSOLD // BREAKOUT > PULLBACK > SUPPORT // REJECTION CANDLES
MEDIUM = EG. BROKEN SUPPORT // TREND REVERSAL // CONSOLIDATION
HIGH = EG. NOT FULLY BROKEN SUPPORT // OVERBOUGHT // OVERLY MATURE UPTREND
***Please note that all of my suggested Entries, TP's and SL's always ignore any precursor 0's***
Please always trade with caution, manage your trades and stop-losses This is not professional financial advice, just my thoughts and trades I am
Bearish candle confirmationSee the chart.
Watch strong bearish candle rejection.
What do you think about?
Good trade!!!
Downtrend channel continue- Rejection bearish candle
- Downtrend channel continue
Target: Next support
Good trade!!!
DJIA: B wave reaction rally of ABC minor correction pause to ATHGot a typical reactionary rally after breakdown from rising wedge. Price moves back to kiss TL then rejects into C leg. This is a minor shallow correction of perhaps ~3%; a pause on road to ultimate ATH.
Gaps to fill down to 2949 on SPX will be the best yardstick for pivot. Buy all-in when price fills that gap IMO. Donald will make some deal with China soon as he wants to get elected, and that draws near. Expect some development in mid-Dec as catalyst.
Market knows he will get re-elected, Dems have no competitive candidate in field, their prospects are amusing at best and impeachment is a farce.
This isn't investing advice! Trade at your own risk! GLTA!
