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Candlestick Analysis

How To Customize The 1 Minute Scalping IndicatorThis tutorial explains each setting of the 1 Minute Scalping Indicator in detail so you understand exactly how to adjust your settings to get the results you would like from the indicator. Here is a list of the details we discuss: How to fix loading errors Tooltips that explain each setting for your reference Trade modes and how they are affected by other settings Average candle size rejection parameters Higher timeframe candle filters, settings and levels External indicator trend filtering capabilities and how to set them up correctly Stoploss and take profit calculations and settings you can adjust Signal arrow customization options Candle coloring adjustments Visual/styling options Make sure to watch the whole video so you fully understand how each setting affects the indicator for best results.
CME_MINI:MNQ1!Education
by FriendOfTheTrend
3
USD Index: A Possible Reversal in Sight?Since early February, right after Trump’s inauguration, the USD Index (DXY) has been under pressure, falling sharply by over 10%. However, after hitting the 98.00 level, things seem to have stabilized. We're seeing the early signs of a relief rally. 🔍 Technical Perspective: - This week’s candlestick pattern suggests a bullish reversal. - The dip on Wednesday was quickly bought, showing buyer interest. - A minor correction occurred yesterday, but dips are being well supported. - Currently, the DXY trades around 99.60, just under the psychological level of 100. 🎯 Outlook: As long as 98 remains intact, the bias shifts towards a potential rebound. First target: 102 – a logical resistance zone and prior support. This is not yet a confirmed trend reversal, but the price action is shifting. The key now is how the market reacts around the 100 level. A break above could trigger further bullish momentum.
TVC:DXYLong
by Mihai_Iacob
Long trade 15min TF overview 🐶 DOGEUSD – Buy-Side Trade 📅 Date: Thursday, 24th April 2025 🕣 Time: 8:30 AM (New York Time) 📍 Session: London AM 📊 Entry Timeframe: Lower TF 5min Trade Parameters Entry Price: 0.17342 Take Profit: 0.17984 (+3.70%) Stop Loss: 0.17277 (–0.37%) Risk-Reward Ratio (RR): 9.83 Reasoning Narrative This DOGEUSD buy-side trade was entered during the London AM session, a time known for increased volume and impulsive price movements as European markets open. The trade was driven by a clear bullish structure shift on the intraday timeframe, following a short-term liquidity sweep below local lows. 5min TF entry
Long
by davidjulien369
Long trade 30min TF overview 🛢 WTICOUSD – Buy-Side Trade 📅 Date: Thursday, 24th April 2025 🕘 Time: 9:00 AM (New York Time) 📍 Session: London AM 📊 Entry Timeframe: (5m) Trade Parameters Entry Price: 63.238 Take Profit: 66.619 (+5.54%) Stop Loss: 63.036 (–0.32%) Risk-Reward Ratio (RR): 16.74 Reasoning - Narrative This WTI Crude Oil long trade was initiated during the London AM session, a time when commodity markets often see increased activity and institutional positioning. The trade followed a sharp reaction off a discounted price zone, which aligned with a previously unmitigated bullish order block on the intraday chart. Before entry, price performed a liquidity sweep below 63.10, triggering stops from earlier long positions and clearing out sell-side pressure
OANDA:WTICOUSDLong
by davidjulien369
Gold – How Important Could the Fibonacci Support Levels Be?Even by recent standards, the price action seen in Gold this week so far has been extreme. For those that may not have seen it all, here we go. Gold opened at 3331 on Monday, traded to a new all time high of 3500 on Tuesday, then dropped all the way back down to 3260 on Wednesday before recovering again to current levels around 3330. A round trip of circa 14%. The drivers appear to be comments from President Trump and US Treasury Secretary Bessant. With President Trump seeming to challenging the independence of the Federal Reserve at the start of the week (Gold higher) and then pulling back from his most outspoken criticism on Wednesday (Gold lower). Alongside President Trump and Secretary Bessant both commenting on the potential for a de-escalation of the trade war with China on Wednesday (Gold lower), but then suggesting it may take some time to agree (Gold higher). All of this at the same time that a potential US brokered peace detail between Ukraine and Russia may be moving a step closer to becoming a reality and you can possibly see why Gold prices have moved so much. Right now, as traders take a pause for breath, its may be a good time to consider the charts and identify some potential support and resistance levels that may come into play into the Friday close. Technical Update: 3292 Fibonacci 38.2% Support in Focus Let’s be honest here, when a market is accelerating higher into new all-time high ground, as an almost ‘panic’ rush to get long of an asset is seen, it is very difficult to establish upside resistance levels that may or may not be able to hold the advance, let alone reverse it. As technical analysts, we can only really focus on 2 things in such a condition, psychological round numbers and Fibonacci extension levels. Therefore, it’s interesting where the recent acceleration higher in Gold stalled this week, at 3500. Obviously, this is a round number that may have drawn traders’ interest from a psychological perspective, but this also represented a test of 3468, which is equal to the 261.8% Fibonacci extension of the October 31st to November 14th 2024 sell-off. With weakness developing from 3500, this extension level held on a closing basis, from which further declines have materialised. So, we might suggest after the recent weakness in Gold prices, that an upside resistance area has now been established between 3468/3500. If that is the case, what might the support levels be for us to monitor to gauge if current weakness has further to carry of not? Potential Support Levels: The latest phase of price strength in Gold was seen between April 7th to April 22nd 2025, and calculating Fibonacci retracement on this price strength, may highlight some interesting support levels. The latest downside move has tested, and is so far being held by support at 3292, which is the 38.2% Fibonacci retracement of the latest strength. Traders may now be watching how this level performs on a closing basis, as confirmed breaks lower might see a more extended phase of price weakness emerge. Much will of course depend on future market sentiment and price trends, but closing breaks below 3292 could suggest further declines to 3228, the 50% level, possibly even 3165, which is the deeper 62% retracement. Potential Resistance Levels: As we have already said, the latest price activity may well be suggesting the 3468/3500 range is an area that may prove to be a resistance focus. However, if the 3292 retracement support continues to hold, focus could then be on 3380, as a possible lower resistance level. This is equal to half of the latest declines, with closing upside breaks of this resistance possibly suggesting positive themes are re-emerging, which could lead to further pressure being placed on the important 3468/3500 resistance range. The material provided here has not been prepared in accordance with legal requirements designed to promote the independence of investment research and as such is considered to be a marketing communication. Whilst it is not subject to any prohibition on dealing ahead of the dissemination of investment research, we will not seek to take any advantage before providing it to our clients. Pepperstone doesn’t represent that the material provided here is accurate, current or complete, and therefore shouldn’t be relied upon as such. The information, whether from a third party or not, isn’t to be considered as a recommendation; or an offer to buy or sell; or the solicitation of an offer to buy or sell any security, financial product or instrument; or to participate in any particular trading strategy. It does not take into account readers’ financial situation or investment objectives. We advise any readers of this content to seek their own advice. Without the approval of Pepperstone, reproduction or redistribution of this information isn’t permitted.
PEPPERSTONE:XAUUSD
by Pepperstone
Nifty Analysis EOD - April 24, 2025🟢 Nifty Analysis EOD - April 24, 2025 🔴 Inside Bar Alert—Calm Before the Storm? 📊 Market Recap: Nifty opened at 24,284, marking a Gap Down of 51 points (-0.21%) from the previous close. The day began on a surprisingly calm note, but that didn’t last long. Within just 15 minutes, Nifty spiked over 100 points, rushing toward PDH (Previous Day’s High)—only to reverse sharply in the next 15 minutes and create a new intraday low. 📉 This wild back-and-forth action in the first hour was nothing short of a nightmare for intraday traders—especially those trying to catch a trend early. If anything, scalpers might’ve had the best time, capitalizing on the swift movements in both directions. For the remainder of the session, Nifty oscillated within the CPR zone, with a few false breakout candles that quickly retraced. The structure remained range-bound, indecisive, and tricky to navigate. 📅 Expiry Day Check: Deja Vu, Minus the Volatility If we set aside the unusually directional move of April 17th expiry, today looked like a textbook expiry day, much like the past 10 before it: Movement hugging VWAP Small false breakouts on either side No follow-through Today’s range: 132 points Avg range of last 10 expiries: 192 points This time, however, the volatility was muted, despite early session fireworks. 🕯 Daily Candle Structure: Inside Bar + Shooting Star On the Daily chart, today’s price action has formed a bearish Shooting Star–like candle, but here’s the kicker—it’s also an Inside Bar setup. 📌 What’s an Inside Bar? An Inside Bar pattern occurs when today’s high and low are completely within yesterday’s range (the “mother bar”). This signals consolidation or indecision, and often precedes a strong breakout. 📖 How to trade it? Wait for a decisive breakout above the mother bar high or below the mother bar low. Add confirmation with volume surge to gauge the strength of the breakout. 👉 Remember: The Inside Bar doesn’t predict direction—it just tells you a move is brewing. 📌 Gladiator Strategy Update ATR: 328.34 IB Range: 108.40 (Small IB) Market Structure: Balanced 🎯 Trade Highlights: No Trade Opportunity Presented — The structure didn’t offer any valid setups within strategy rules. 🧠 Index Performance Snapshot: Nifty 50: -82 Points (-0.34%) Bank Nifty: -168.65 Points (-0.30%) Nifty 500: -57 Points (-0.26%) Midcap: -71 Points (-0.13%) Smallcap: -6 Points (-0.04%) 📌 Key Levels to Watch 📍 Resistance Zones: 24,330 ~ 24,360 24,480 ~ 24,540 24,800 📍 Support Zones: 24,190 ~ 24,225 23,950 ~ 24,000 (Immediate) 23,820 23,660 ~ 23,710 23,500 23,400 ~ 23,430 23,200 ~ 23,190 🧭 Final Thoughts: "Inside Bars are like market whispers—subtle, quiet, but worth listening to. The next breakout might just surprise you." ✏️ Disclaimer ✏️ This is just my personal viewpoint. Always consult your financial advisor before taking any action.
NSE:NIFTY
by kzatakia
7 Reasons To Think About Before You Buy This Forex PairIn this article am going to show a candlestick pattern. Candlestick Patterns are forward looking indicators. This means it will show you signal before the Rocket Booster Strategy clicks. The 🚀 Rocket Booster Strategy is a common technical analysis signal. Because it's a very simple one to show you trends. When you look at this chart you will notice: 👉 The price is above the 50 EMA 👉The price is above the 200 EMA 👉The Candlestick Pattern Is A Bullish Harami ❌In this case the EMA's have not crossed. ❌In this case the price has not gapped up. Even though, ✅A Bullish Reversal Candlestick Pattern has formed called " Bullish Harami" ✅The price is above both moving averages. This goes to show you that the rocket booster strategy is not perfect. If you want to see what happens then enter a buy signal on your simulation trading account. Trade safe. Rocket boost this content to learn more. Disclaimer ⚠️ Trading is risky please learn risk management and profit taking strategies.Also use a simulation trading account before you use real money.
Long
by lubosi
GOLD (XAUUSD): Strong Bullish Signs?! Gold strongly corrected from 3500 psychological level. After a test of the underlined intraday support cluster, the market started to leave strong bullish clues. After a false violation of the support, the price accumulated a bit and broke a resistance line of a falling wedge pattern on an hourly time frame. With that move, Gold also managed to confirm a local Change of Character CHoCH. All these bullish signals indicate a highly probable continuation of a growth. The price may move up at least to 3377 level easily. ❤️Please, support my work with like, thank you!❤️ I am part of Trade Nation's Influencer program and receive a monthly fee for using their TradingView charts in my analysis.
TRADENATION:XAUUSDLong
by VasilyTrader
1
Gold Today's Technical Outlook - BullishAfter two days of selling pressure, we may start to see renewed buying interest in gold today. On the 1-hour and 2-hour charts, a Head & Shoulders pattern had formed and was broken to the downside, with a successful retest confirming the breakdown. However, despite this bearish setup, gold managed to hold above the key support zone of 3305–3306, indicating that buyers are still active and defending this level. This price action suggests that the downside momentum is weakening and a potential bullish move could unfold today. Buy Side Scenario: If the support at 3305–3306 continues to hold, we could see upward movement toward the following target levels: Target 1: 3380 Target 2: 3400 Target 3: 3435 Traders should monitor price action closely for confirmation before entering positions.
OANDA:XAUUSDLong
by shroffakshar
Solana – Bear Market Rally or Reversal?Like the rest of the crypto market, Solana started rebounding on April 8th, pushing more than 50% up from the recent lows. But just like with many altcoins, I'm not convinced this is a true trend reversal. Instead, it looks more like a classic bear market rally. Let’s not forget: SOL is coming down from nearly $300. A bounce from $95 to $150 is strong, yes—but in the bigger picture, it’s still just a correction. 📍 Key resistance zone: $160–$170 As long as price remains under this zone, the probability of another leg down remains high. 🧠 My plan: If Solana creates a new local high around $160, I’ll be looking to sell into the rally. 🎯 Target: $100 at least, depending on how the market reacts.
BINANCE:SOLUSDShort
by Mihai_Iacob
Short trade 5min TF overview Trade Entry – UNIUSDT 📅 Date: Wednesday, 23rd April 2025 🕓 Time: 00:40 AM (NY to Tokyo Session – AM) 🗂 Structure: Daily 📈 Entry Timeframe: 1 Hour 🔻 Trade Direction: Sellside Trade Details: Entry: 6.089 🎯 Target (Profit Level): 5.788 (4.94%) 🛑 Stop Loss: 6.100 (0.18%) 💹 Risk-Reward Ratio: 27.36 Market Context: Price showed signs of exhaustion at a key resistance level on the 1Hr structure, with the RSI aligning with the overall bearish sentiment during the NY to Tokyo transition. 1Hr TF Structure & Confirmation: Observed on the 1h timeframe, a clear sweep of NY High formed the direction bias, aligning with a significant daily structure point.
Short
by davidjulien369