Indicators and patterns
11/20/2024
Indicators and patterns
Sure! Here is a description of each indicator and signal:1. Harami Pattern: This is a candlestick pattern indicating a potential reversal in the market. In this case, it is a bullish harami pattern, suggesting a possible upward movement in the price. The signal generated is to "Buy."
2. Harami Pattern CROSS: This is a variation of the harami pattern where the current candle crosses the previous candle's body. It also indicates a bullish reversal and suggests a "Buy" signal.
3. Homing Pigeon: The homing pigeon is a bullish candlestick pattern that consists of two candles. It suggests a potential reversal to the upside. The signal generated is to "Buy."
4. MOMENTUM indicator: This indicator measures the rate of change in price movements. In this case, it is bearish, indicating a potential downward momentum in the market. The signal generated is to "Sell."
These indicators and signals provide insights into potential market movements and help traders make informed decisions on whether to buy or sell an asset.
This is not investment advice. Remember to verify the information provided here.
Get access to the full analysis
- Over 35 000 indexes
- CFD, Forex, Crypto and Stocks Exchange
- Over 150 Indicators
- Pattern and candle analysis
- Support and resistance levels
- Fundamental, technical and sentimental analysis
- Power from AI
