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Candlestickpattern

Gold Looks Bullish :)Hello friends. today i'd like to analyze gold in daily and 4H charts. lets take a look in daily timeframe we saw a breakout from an old decending channel. this is the first positive point for bull run according to TA. The price record 3 BGD candles in recent week and this is the second + point. now price reach a resistance level in 1770 and 38.2% fibonacci level. but lets take a look at 4H timeframe for more details: we see a strong support level that show Buyers are Stronger than Sellers. and in 1770 level we see some strong candle patterns such as Bullish engulf and Hammer. so i think the price can reach 200MA and 1800 resistance level easily like the green path i darw. and after that we will check condition and analyze the next run. thank you for your attention,please share me your opinion in cooments do you think so???
TVC:GOLDLong
by TraderAmin-KZ
2
Kicker follows through on Nasdaq 100Notice this week's candlestick has fat body meaning the bulls were in overall control following a kicker signal, this is what you'd expect to see after such signal for potential change of direction. It's important to point out a similar kicker signal a few weeks ago has no follow through, instead the very next candle is a inside doji followed by an bearish engulfing candle. Verdict: current change of direction remains in effect as long as there's no contradictory patterns showing up.
NASDAQ:AAPLLong
by FxCloudTrader
1
SPX: Is this rally finally over? Let's see.• The SPX is still bullish, and although it is trying to stabilize today (which is perfectly normal after an euphoric day like yesterday), we have yet to see a top sign confirmed; • It is too soon to tell, but so far, today’s candlestick resembles a Doji pattern, and if this is true, we could do a pullback to the 3,911 area again, at least, if we lose today's low next week; • A sharper pullback would take us back to the 21 ema, but we must see a stronger bearish sign in order to see that; • For now, the trend is still bullish and the index is seeking our red line at 4,116, as we already mentioned yesterday (link to my previous analysis below this post). Remember to follow me to keep in touch with my analyses!
SP:SPX
by Nathan_The_Finance_Hydra
A Breakout Signal!The candlestick indicates a breakout signal due to significant price movement backed by high volume with the price closed above the MA50 line. The MACD signal is in a positive trend, hence, confirming the price uptrend toward the next price resistance. The RSI cross-up of the indexer 70 indexer due to fresh buying interest on the stock making the candlestick in a breakout pattern. Precaution for a price correction between 5%-10% from the recent peak before continuing with a price uptrend towards the next price resistance. Let's save ASB in WL and watch out for significant price movement backed with volume toward the next price resistance. R 0.195 S 0.080
MYX:ASBLong
by eskopitehmilo
No trades on EURUSD Yesterday, we talked about potentially selling from the 1,0050 level. However, we then had an impulse move to the upside which doesn't allow us to enter short. That's why this setup isn't valid anymore and we will be looking to sell another time. Also, current price level aren't suitable for long positions either and that's due to lack of decent risk to reward ratio. We are now expecting a continuation of this move after a pullback. Right now, we will focus on other instruments to trade.
by ForexTrendline
3
QQQ: Breaking some Key Resistances. Could it recover from here?• QQQ is in a key resistance area, under the 61.8% retracement (previous support, now resistance); • Since QQQ is trying to break this key point, it seems it will trigger the Hammer candlestick pattern from last Friday; • This bullish reversal sign could take QQQ to higher levels, at least to its 21 ema again, in the short-term; • If this will turn out to be a mid-term reversal structure, it is too soon to tell, as we must pay attention on how it’ll react near its next resistances; • The 38.2% retracement along with the 21 ema is a key resistance to pay attention in the next few days, if QQQ gets there; Remember to follow me to keep in touch with my analyses!
NASDAQ:QQQ
by Nathan_The_Finance_Hydra
SPX: Hit our TARGET! What's next?• We nailed another target on SPX, as it did exactly what it had to do, and it hit its 21 ema yesterday, just after I posted my daily analysis; • Today, it is under the 21 ema, indicating that the sell-off was intense, but we see some reaction; • While I’m writing this, SPX is trying to do a Hammer/Doji candlestick pattern in the daily chart. The pattern is still forming, and there’s a good chance it won’t close like this, but if it confirms a bullish reaction, it might bounce to its 21 ema again (daily chart); • The index is trying to stabilize just above the 50% retracement, as seen in the daily chart, and this point might work as a support level for us; • However, SPX has yet to show more bullish signs in order to truly reverse. For now, I won't set any public target on it, but I’ll keep you guys posted, as usual. Soon we'll have more definition. Remember to follow me to keep in touch with my analyses!
SP:SPX
by Nathan_The_Finance_Hydra
2