#candlestick
4 posts
Explore trading posts, strategies, and discussions tagged with #candlestick on JustWolves.
Showing 4 of 4 posts tagged #candlestick
Price Action Analysis: EUR/USD Morning Star Forming at Support
EUR/USD printed an interesting daily candlestick pattern today worth analyzing: The daily candle formed a near-perfect "morning star" pattern over the past three sessions: - Day 1 (Tuesday): Large bearish candle closing at 1.0792 - Day 2 (Wednesday): Small doā¦
Price Action Trading: Reading the Market Without Indicators
Price action trading is the practice of making trading decisions based solely on price movement ā no indicators, no oscillators, just the raw candlestick data. Why trade price action? 1. Indicators are derived from price. Every indicator (RSI, MACD, Bollingeā¦
Price Action Weekly Outlook: Key Patterns Forming Across Major Pairs
Weekly price action pattern review ā what the charts are telling us: EUR/USD (Daily): Morning star forming at 1.0790 support. If today closes as a strong bullish candle, the pattern is confirmed. Bullish bias next week toward 1.0880. GBP/USD (Daily): Insideā¦