Tags » Doji

Indecision

From the beginning of 2017 to now, we’ve seen an abundance of optimism enter all sectors of the US equity markets, from large cap Dow stocks to small cap Russell.  343 more words

The Big Picture

Sugar: Testing a weekly support

Since the beginning of the year the commodity gained more than 26.5%, although last week rose more than 2.0% in addition the commodity continues in a warning phase. 99 more words

Analysis

NASDAQ 100: Big doji at 2016 high

Since the beginning of the year the index gained more than 3.0% also last week managed to gain more than 0.5% and is in a warning phase since the end of October. 91 more words

Analysis

Trade Setup: EUR/GBP - 23 Sep 2016

Trade Setup: EUR/GBP – 23 Sep 2016

Candle Stick Pattern: Shooting Star, Doji and then confirming by closing below at (1)
Confirmation:

Touched outer band of Bollinger Band at (1).

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The spinning top

The spinning to is a neutral pattern consisting of a short body with long wicks. This candle shows less indecision then the doji, which is a reversal pattern, which means it should be used as more of a consolidation candle in a trend and following candles should be watched closely.

Forex

Trade Setup: EUR/CAD - 13 Sep 2016

Trade Setup: EUR/CAD – 13 Sep 2016

Candle Stick Pattern: Upthrust & Doji at (1)
Confirmation:

Touched outer band of Bollinger Band at (1).
Retesting previous resistance.

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Trade Setup: AUD/JPY - 6 Sep 2016

http://www.myfxguide.com/trade-setup-audjpy-6-sep-2016/

Candle Stick Pattern: Dark Cloud Cover at (1) and Doji at (2)
Confirmation:

Stochastic overbought range at (3), also confirming divergence at (3) & (4). 24 more words