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Candlestickpattern

TSLA: False Breakout + Exhaustion Bar.• TSLA did a false breakout from the $200, and this key point is working as a resistance again today. The $200 is our most important key point, as I already mentioned in my previous analysis (link below this post, as usual); • Today’s movement is rejecting Friday’s candlestick, which was a powerful candle that broke the $200 resistance. This gives the impression of an Exhaustion Bar; • In order to avoid a sharper correction, TSLA would need to do a bullish reaction as soon as possible. Otherwise, it could drop all the way down to the $187 again; • The $187 is our key support, and only if TSLA loses it, the trend will reverse and become bearish again; • So far, TSLA has been doing higher highs/lows. It broke the previous top last Friday, and if TSLA finds a support above the $187 area, this will reinforce a bullish thesis; • In this scenario, TSLA would just keep trending, and the $217 would be its next target. It all depends on how it’ll react in the next couple of days; • For now, it appears TSLA triggered an Exhaustion Bar, and as the name suggests, this indicates exhaustion. I’ll keep you updated on this, as usual. Remember to follow me to keep in touch with my daily analysis!
NASDAQ:TSLA
by Nathan_The_Finance_Hydra
8
It's NOT Perfect, but would you say NO to 309pips of Profits? It's NOT Perfect, but would you say NO to 309pips of Profit Potential? The Bearish 5-0 Patterns has completed on the Daily Chart(right), the doji candle looks great for aggressive trader for a shorting opportunity, the RSI didn't went overbought, and that cause this setup to be not as perfect as we want it to be. Alternative ways to engage the trade, is to wait for the market to retest at 83.60 on the 4-hourly chart or the 1-hourly chart. When the retest happens, it will produce an RSI Divergence that allow us to engage the trade, that produce a Lower Risk with a Higher Returns. If you are looking for a buying opportunity, 82.60 is the level you can wait for a retest of support or a double bottom with RSi Divergence. Which side of the trade would you choose? Shorting opportunity or Longing opportunity?
Short
by RaynLim
GOLD Bearish SignsHello Traders I think the Gold price Stabilized under 1880 area and its time for more decreases. As you can see on my chart we Broke 1880 support Area with a Long Red Belt candle. and after pullback to this area now its time for a few crash. I thnik the Gold price decrease till area created by 38.2% Fibo Retracement of last long leg (yellow channel above) and a strong support level around 1800 and 1820. Also the price Breaks 50EMA and Retest it too. JUST... If you take a TRADE , DONT FORGET TO SET A REASONABLE STOPLOSS. Thank you all for reading my idea. please teach me something in comments.
TVC:GOLDShort
by TraderAmin-KZ
Earning both waysTo be successful in trading, you can be a Casanova. This means you need not be loyal to your trade. You can buy GBPUSD during breakfast and sell it by lunch. That will be my trade plan for this week. GBPUSD on the 1-hourly chart(left). I'm waiting to buy on the blue line(1.2202) and short on the right line(1.2277). On the blue line, I'm waiting for the retest that will almost guarantee an RSI Divergence, and on the red line, it coincides with the 4-hourly chart(right) of a potential Head and Shoulders formation.
by RaynLim
Btcusd : Bitcoin sharp price actionBINANCE:BTCUSDT Hi trader's , Bitcoin after yesterday fed news of interest rate Price went down with immense pressure and hit 50 ema of 4hr 50 ema support's the buyer's and price went up sharply again price trading around daily resistance , if candle of daily closes below 28350 than u can see a downtrend for next few day's vice versa if candle closes above than u can see upward movement to 30k mark , where major resistance can push market down again ❤️ Please, support my work with follow ,share and like, thank you! ❤️
Short
by INVESTRONE
SPX: Dangerous Top Sign Under a Major Resistance Level.• The SPX did a top sign yesterday, just after it hit its resistance at the purple trend line, which is connecting the previous tops; • What’s more, the index lost the 21 ema. It seems Futures are stabilizing, but the situation is still problematic; • In theory, if we don’t see a very strong bullish reaction, as soon as possible, the index would just keep correcting to the next support level, the 3,808; • There was a gap (yellow square), which was filled yesterday, making this a possible Exhaustion Gap after the quick rally that started on Mar 13; • So far, we don’t see any meaningful bullish reaction indicating that it will reverse, or at least reject the bearish sentiment; • In order to avoid a bearish continuation, the index would have to react and reject yesterday’s candlestick, breaking the purple trend line in process. It all depends on how it’ll react today. I’ll keep you updated on this. Remember to follow me to keep in touch with my daily analysis!
SP:SPX
by Nathan_The_Finance_Hydra
4