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Re: Operating Japanese Sailing Patterns in Weekly Charts
I am inclined by variations of morning star and evening star, so I will be sharing those settings. The blue line indicates where a possible pending order would be placed. These publications should not be interpreted as input signals. If you decide to operate based on these graphs, you do so under your own responsibility.
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Re: Operating Japanese Sailing Patterns in Weekly Charts
CADCHF Morning star variation.
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Re: Operating Japanese Sailing Patterns in Weekly Charts
EURCAD Evening star variation.
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Re: Operating Japanese Sailing Patterns in Weekly Charts
BrentCrude Morning Star Variation.
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Re: Operating Japanese Sailing Patterns in Weekly Charts
WTICrude Star variation in the morning.
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Re: Operating Japanese Sailing Patterns in Weekly Charts
USDMXN Evening star variation.
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Re: Operating Japanese Sailing Patterns in Weekly Charts
NZDJPY Star variation in the morning. I like how it is formed after a prolonged fall. There is room for a good tour if you confirm the pattern. It is not a recommendation, but the current price looks attractive to evaluate an entry with a decent risk-benefit ratio. Obviously, waiting for weekly confirmation is key.
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Re: Operating Japanese Sailing Patterns in Weekly Charts
AUDCAD Evening star variation. The closing of the candle indicates clear rejection near a previous resistance. If the next weekly closure is bassist, it can be considered as validation of the pattern. Until then, keep calm and not anticipate.
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Re: Operating Japanese Sailing Patterns in Weekly Charts
GBPJPY Star variation in the morning. The second candle has a lot of body, which adds strength to the possible change of trend. It is important to review the general context: it is bouncing from a strong support. Still, without volume, it is just a pretty figure.
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Re: Operating Japanese Sailing Patterns in Weekly Charts
USDZAR Evening star variation. The third candle is forceful, showing clear sales force. Yes, spread can eat much of the benefit if managed badly. This pair is not for improvisers.
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Re: Operating Japanese Sailing Patterns in Weekly Charts
EURGBP Possible developing morning star. Confirmation is still missing in the closing candle. If confirmed, it may be interesting for a short swing bull. Anyway, this pair moves slowly, so patience.
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Re: Operating Japanese Sailing Patterns in Weekly Charts
CHFJPY Evening star variation. In the middle of a monthly resistance zone. I am not convinced at 100%, but as a technical structure, it has potential. Yes, any entry without SL is playing Russian roulette.
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Re: Operating Japanese Sailing Patterns in Weekly Charts
USDNOK Very clean morning star. Intermediate sail with lower long wick, indicates offer absorption. Ideal for anyone who wants to operate calmly in weekly graphics. The key will be in risk management, as always.
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Re: Operating Japanese Sailing Patterns in Weekly Charts
EURJPY Evening star variation, though somewhat tight. Context does not help much: there is enough indecision. Not all figures are operable. It is also a valid strategy to know when to stay out.
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Re: Operating Japanese Sailing Patterns in Weekly Charts
AUDCHF Star potential of the morning. The final sail closed above the opening of the first. I would like to see a small retreat before entering. Entering now would be chasing the price.
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Re: Operating Japanese Sailing Patterns in Weekly Charts
GBPCHF Star of the afternoon in important resistance. The third candle is weak, but if the next weekly closure is bassist, it may be enough to confirm. Here the key is not to be carried away by emotion. The pattern is there, but the market does not forgive impulses without plan.
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Re: Operating Japanese Sailing Patterns in Weekly Charts
EURUSD Possible star of the morning after a fairly linear fall. Nice volume accompanying the closing candle. A closing above the maximum of the second candle would give better entry. For now, simply observe.
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Re: Operating Japanese Sailing Patterns in Weekly Charts
USDTRY Star of the afternoon in overextended zone. A lot of volatility, but the pattern looks solid. It is an asset that I do not recommend for beginners. Spread is criminal and abrupt movements.
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Re: Operating Japanese Sailing Patterns in Weekly Charts
NZDCAD Clear variation of the morning star. I liked how he rejected that weekly support. It is a pattern to take it seriously, although the volume does not accompany. Entering without additional validation is throwing a coin into the air.
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Re: Operating Japanese Sailing Patterns in Weekly Charts
CADJPY Star of the afternoon after a long upward trend. It can mark the beginning of a decent correction. I would not get in short without seeing a clear divergence in the RSI or MACD. The pattern alone is not always enough.
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Re: Operating Japanese Sailing Patterns in Weekly Charts
USDPLN Star of the morning, but with a weak final candle. I do not finish convincing. Sometimes the market throws baits. Do not bite them all. Here better wait for another sign of confirmation.
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Re: Operating Japanese Sailing Patterns in Weekly Charts
AUDNZD Possible star in the afternoon, but still not closed. Very dependent on the crossover of stockings in weekly chart. If you are inside, protect yourself with trailing stop. And if not, watch before launching without parachute.
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Re: Operating Japanese Sailing Patterns in Weekly Charts
EURNZD Star of the morning with very small intermediate sail. Valid pattern, but weak. Ideal for an entry with low risk and short targets. Not every pattern should be exploited to the maximum.
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Re: Operating Japanese Sailing Patterns in Weekly Charts
EURCHF Star of the afternoon in full range. Pathetic. Nor for demo serves. Not everything that shines is gold. And not everything that looks like a star... it is.
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Re: Operating Japanese Sailing Patterns in Weekly Charts
USDSEK Potential morning star formation. The first two candles are well formed. Closing volume will be the key. If strong buyer flow enters, we can be in front of a very good entrance.
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Re: Operating Japanese Sailing Patterns in Weekly Charts
GBPUSD Star of the afternoon with clear bass signal. It could go to the next support without problem. The market is responding well to the macro news, which adds points to this setup.
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Re: Operating Japanese Sailing Patterns in Weekly Charts
USDCAD Mild variation of the morning star. It looks more like a consolidation than a reversal. There is nothing here that motivates me to operate, but for anyone who wants to take risks, unless they do so with small lotage.
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Re: Operating Japanese Sailing Patterns in Weekly Charts
AUDJPY Star of the afternoon almost manual. Accompanied by increasing volume and with bassist divergence in RSI. This type of setup are those that are worth gold. Clear entry, controlled risk and reasonable objectives.
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Re: Operating Japanese Sailing Patterns in Weekly Charts
NZDUSD Star of the weak morning, but interesting for the technical context. Right in the previous support zone. Here the ideal would be a staggered entry, not go with everything from the beginning.
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Re: Operating Japanese Sailing Patterns in Weekly Charts
GBPZAR Star of the afternoon with absurd volatility. This pair does not forgive mistakes. If you decide to enter here, let it be with a detailed plan and without improvisations. The market is not your friend. (Continue with more similar answers until reaching 50