Daily Trading Advice

  • R1:1.2803 | R2:1.2880 | R3:1.3095

    S1:1.2707 | S2:1.2609 | S3:1.2510

    Sell @ 1.707 TP: 1.2803 SL: -

    EURUSD Strategy
    May 11th
     

     

  • R1:1.4886 | R2:1.4958 | R3:1.5054

    S1:1.4764 | S2:1.4680 | S3:1.4645

    Sell @ 1.4764 TP: 1.471 SL: 1.450

    GBPUSD Strategy
    May 11th
     

     

  • R1:93.57 | R2:94.03 | R3:95.00

    S1:91.64 | S2:90.83 | S3:89.90

    Sell @ 92.70 TP: 91.65 SL: 93.27

    USDJPY Strategy
    May 11th
     

     

Central Bank rates

USD 0.25% JPY 0.10%
EUR 1.00% CHF 0.25%
GBP 0.50% CAD 0.25%
AUD 3.75% NZD 2.50%

Candlestick bull reversal patterns 2

Pattern name Identification method Pattern

Bullish 3 White Soldiers

(next candle is bullish)

Three consecutive long bullish candles with higher closes each day. 

Each day opens within the previous body.

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Bullish Tri-Star

(next candle is bullish)

All three days are doji days. 

Second day gaps below the the first and the third days.

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Bullish Unique 3 River Bottom

(next candle is bullish)

First days is a long bearish candle. 

Second day is a bearish candle forming a harami. Second days's low sets a new low. 

Third day is a short bullish candle which is below the second day.

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Bullish Separating Lines

(next candle is bullish)

First day is a long bearish candle.

Second day is bullish candle that opens at the opening price of the 1st day.

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Bullish Matching Low

(next candle is bullish)

First day is a long bearish candle.

Second day is a bearish candle with a close equal to the first day.

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Bullish Meeting Lines

(next candle is bullish)

 

First day is a long bearish candle.

Second day is a long bullish candle and closes at the first day's close.

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Bullish Belt Hold

(next candle is bullish)

Long bullish candle where the open is equal to the low. No lower shadow.

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Bullish Harami Cross

(next candle is bullish)

First days is a long bearish candle.

Second day is a doji candle that is engulfed by the first day's body.

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Bullish Homing Pigeon

(next candle is bullish)

First day is a long bearish candle.

Second day is a short bearish candle which is engulfed by the first day's range.

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Bullish Inverted Hammer

(next candle is bullish)

Small real body formed near the bootom of the price range.

The upper shadow is no more than two times as long as the body.

The lower shadow is small or nonexistent.

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