only i can say to u that this pattern that is include from a inverse hammer and abullish candle and also a spining top , have very power for up above 1.0285 . i have considered more 17000 candel for this pattern
hi all we know that the bearish engulfing pattern is a major reversal pattern .the body of candle (B) completely engulfed the body of candle (A) even we have seen a small uptrend for USDYEN in short term .today we see confirmation from candle (C) .the emotional psychology of the uptrend has now been reversed.we see that sellers have taken over and moved the price below 106.70 .even today the bears were abled to taken price down to 106.18 .whether we must see a bearish three identical Crows pattern next days??
hi all , long blue bozu say to us the more bulls the implications even we see consistent with the prevailing trend in the blue bozu but if be careful we see this now has the bulls concerned because we see a smaller body(blue bozu) against real body of long blue bozu.even i think about opened blue bozu that lower is from closed long blue bozu and upper shadow of blue bozu is very cool .im worried for bulls camp .because blue bozu is top in the uptrend and every moment we must see new events for EUR .this candle has conceived from events .maybe we will see a bearish advance block with new composition (two blue bozu and a red marubozu )that will give to us a bearish advance block or even composition blue bozu with a long red marubozu will give to us a bearish engulfing ?
after a small uptrend for USDYEN (104.96 -108.60) we have saw a bearish engulfing pattern that the next day continued and changed from bearish engulfing to bearish two Crows .even we see longer real body for previous day that the more bearish the implications .now has the bulls concerned .even lower shadow the previous day show to us the bears were abled lower price down (105.95). whether this pattern is continuing a bearish three Crows pattern ??
very wonderful is that we see a spining top in the top uptrend (where is that high 23 years for NZDUSD )even opened this spining top below close the previous day and even we see the bears were abled lower price down (close the previous day) whether market is showing to us a irresolution fellow fear with this spining top .even we have saw b4 this spining top ,three candles that show us irresoltion .whether back these candles are more sellers .we know that a spining top is a doji also we know that the dynamic doji is a clear trend reversal signal .maybe we will see a thing similar evening star or abandoned baby of course no exactly similar themselves .
if we see a close for today below 1.9740 .we will see a strong bearish evening star(evening shooting star). of course if previous day was without lower wick .it makes a stronger bearish pattern .let see
i saw to weekly candle chart USDYEN today ,i faced to a interesting pattern a major candlestick continuation pattern with name falling three method .this isnot signal a reversal pattern . and the Falling Three Method signal is way of confirming that attempted penetration will fail, and that the trend will continue. Recognizing continuation patterns is important
hi all if have attention on market psychology and reaction we see in the daily candle chart EURUSD a fear and interruption .these real bodies what will say to us ?? whether from the more bears in this level ?? or from trend fatigue ?? in any case if close below 1.5075 today we will see a bearish advance block