Tag Archives: candlestick formation

GBP: AUD – Divergence Set Up

After a month of full on trending, some of the Aussie pairs are beginning to show signs of divergence. GBP: AUD looks the most clear cut example to me. A weak close to the current candle would also mean an … Continue reading

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Australian banks – Candlestick formations a pointer to early entry on reversal set ups

Westpac and CBA both finished with candlestick reversal patterns yesterday. In the case of CBA, this coincides with a test of the 200 day moving average. At this stage, Westpac has the distinct look of a chart that could provied … Continue reading

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Candlesticks in Focus – Recorded Webinar

Hi everyone, I have recorded a webinar on candlesticks which will be available for the next 2 weeks via the link below. The webinar looks at the theory behind candlestick analysis and outlines some of the major reversal patterns. It … Continue reading

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Mineral Resources orbiting a S/R level

Again today I am posting a chart that wouldn’t normally be thought of as a setup in and of itself necessarily – but is well worth adding to your watchlist in any case because of the interesting technical characteristics that … Continue reading

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