Daily candle chart

after a doji (an indicision candle) last thursday, we have see a bearish candle as confirmation on last friday. The bearish move continues today and was supported today on the 4 h chart with a 3 inside down pattern ( 3candles) I market in the 4 h chart.

As rule of thumb we might say, the more candles a pattern have, it is more reliable One candle= less reliable, 3 candles= more reliable.

Maybe there is a sideway movement or small retrace in the next hours,
but I´am expecting more bearish movement on GU.

I will give it a try next, a moment please...

USDCAD has hit my SL last night, there was no sign on charts for this bearsih movements.

And I can not see a bulish pattern on lower timeframes, it looks like, this
bear will continue in the next 8 or 12 hours.

USDCAD will only start to rise, if the yen crosses start big drop
during asia session or begining Frankfurt opening.

Maybe maybe on 1 h chart USDCAD has just found support

We may count USD/CHF as a Three white soldiers pattern.

http://www.candlesticker.com/Cs63.asp

More upmoves expected.

Geppy:

http://www.candlesticker.com/Cs75.asp

tommorrow is election day in USA, maybe it is not a good idea for a trade, and better start trading on wednesday. Market will be there, believe me

Election day = bullish dollar (?)

Also take care for cash rate decision bank of australia tonight.

Good night, more pattern in the next days.

I think on geppy we see today a neutral candle.

As long as the upper wicks of the daily candles are goeing lower, I remain bearish on this one.

The TNX has a bearish daily reversal pattern today, which support a bearish bias about yen crosses.

If wednesday candles closes as a bullish daily candle, this would
support a true reversal on this pair.

We see the same neutral candle on GU.

a long legged doji for GBP/CHF, low reliability, needs confirmation
one way or the other.

Hello everybody, welcome to candlstick daily analyses.

On Geppy daily we have a bearish engulfing candle, the body of
last days candle embraces the bullish body of tuedsday candle.

If we continue on thursday with a bearish daily candle, we have an three outside down as an major bearish reversal pattern:

http://www.candlesticker.com/Cs76.asp

on the other hand, the pros from ex pfxglobal, now
http://learningmarkets.com/index.php...-analysis.html

see a bullish flag, which is not from the table. A break of the upper yellow trendline will target 170-180 area.

But candlestick point of view is a big bear

Wednesday daily candle for eur/usd was a high wave candle, a neutral candle which needs confirmation. If you see on 4 timeframe see more bearish candle, I think this is confirmation for next shorts.

An example for a major reversal pattern with high reliabilty is a bearish engulfing candle, which we see for suhshi. Prepare for a big drop.

see a piercing line or tweezers bottom for eur/aud

we have a bearish engulfing candle for cad/jpy as a reliable
bearish reversal pattern.

this is my....hm....special. This one has hurt me so much,
I don´t trade it anymore, but this is defenitly a tweezers bottom.

Both daily candles have same lower body and same lower wicks.

I`ll give it a try, long with small money.

sorry, but another pattern:

eur/gbp is a hanging man. A bearish pattern with low reliability, so look out on lower timeframes for bearish confirmation.

thats it.

see yen crosses fall, because of daily bearish tnx, which has had a high reliable bearish pattern yesterday. Dow has a large bearish daily candle too, so watch out for more bears for the yen crosses during US session.

good night

hi peaches
agree with you as we can see a kabuse pattern on daily EJ

in the weekly candle chart USDYEN ,now in this time we can see violating previous pattern (bullish piercing line pattern ). i think will give a defective bearish shooting star pattern .long upper wick this candle shows us high power sellers also we can use upper wick to determine significant resistance point .
attention:we are aganist a pattern with low reliability (need for confirmation of course for conservative trader)

also in the daily candle chart USDYEN we can see a bearish engulfing pattern previous day. small upper and lower wicks with approximately long real body show to us that sellers are aggressive and this reinstates the bear confidence