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/biz/ - Business & Finance

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8676299 No.8676299 [Reply] [Original]

Let's play a game /biz/, I give you a textbook candlestick pattern and you tell me if you're bullish or bearish about it.

Will explain the pattern after few replies.

>> No.8676320

>>8676299
bear.

>> No.8676323

bullish

>> No.8676358

wat

>> No.8676361

>>8676299
bull - cross coming up, body of red candle contained in green

>> No.8676382

>>8676299

Neutral. Will bounce off support and retest.

>> No.8676613

>>8676299
short it untill resistance then go long

>> No.8676702

>>8676382
On the money

>> No.8676716

EXPLAIN NOW

>> No.8676732

>>8676299
lmao nobody has a fucking clue
<3 u TA pajeets

>> No.8676783
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8676783

Well done /biz/, if you said bearish, you won this shitty game.

That's a textbook "hanging man" candlestick pattern (the second candle from the left with the long shadow after the green dildo).
>you can find it after an uptrend
>shadow at least the double the size of the body
>way bearish if red body
>confirmation candle (the last red candle) right after that introduce the sell off

>> No.8676838

>>8676299
bear? hammer showing reversal of trend?

>> No.8676839

The only right answer is: nobody knows where the fuck it will go.

>> No.8676900
File: 15 KB, 429x259, hanging-man-candlestick[1].png [View same] [iqdb] [saucenao] [google]
8676900

>>8676838
Yeah, but the "hammer" if it's at the end of an uptrend is called "hanging man"

>> No.8676971

>>8676900
tell us about resistance and support levels

>> No.8677000

>>8676900
and what about ma indicators crossing?

>> No.8677053
File: 67 KB, 1280x1280, 5859b173711f64423aa5e050.png [View same] [iqdb] [saucenao] [google]
8677053

>>8676299
trick question, would need confirmation if its gonna bounce or dip. not doing shit without a clear signal, mini out

>> No.8677187

>>8676299
short

>> No.8677281

>>8676299
Candlesticks are all about reading the markets
Lets think about what is actually happening in the case of a hammer:
>bears are in control of the market the last few time periods
>bears try to push the market down again but are met with harsh resistance from bulls as people buy/take profits.
>Bulls push the market just out of a red close but leave a long wick of where the bears tried to advance but failed. pushing the candle just into the green
The next candle tells you if it was legit or not
>another strong green candle represents the previous point as resistance and will attempt to move up from there giving the bulls control

>> No.8677708
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8677708

bump

>> No.8677748

unironically a good thread, got any more candlesticks?

>> No.8677754

Bullish

>> No.8677797

Trick question.... I'm whale-ish

I caused that mutha effin red schlong.

>> No.8679013

gookimoochi clouds

>> No.8679046

>>8676299
This is stupid. Not enough information

>what is the timeframe
>MA values (5, 10, 15, 20, 50, 100, etc)
>zoomed out charts for overall picture

Your "TA" guessing game is shit OP.