{"id":16145,"date":"2020-07-09T12:51:48","date_gmt":"2020-07-09T20:51:48","guid":{"rendered":"https:\/\/www.cannontrading.com\/tools\/support-resistance-levels\/?p=16145"},"modified":"2020-07-09T12:51:48","modified_gmt":"2020-07-09T20:51:48","slug":"candle-sticks-patterns-cannon-pro-fx-trader-futures-trading-levels-for-july-10th","status":"publish","type":"post","link":"https:\/\/www.cannontrading.com\/tools\/support-resistance-levels\/candle-sticks-patterns-cannon-pro-fx-trader-futures-trading-levels-for-july-10th\/","title":{"rendered":"Candle Sticks Patterns +Cannon Pro FX Trader + Futures Trading Levels for July 10th"},"content":{"rendered":"<div align=\"center\">Like us on FaceBook!<\/div>\n<div align=\"center\"><a href=\"http:\/\/www.facebook.com\/CannonTrading\" target=\"_blank\" rel=\"noopener noreferrer\">www.facebook.com\/CannonTrading<\/a><\/div>\n<div align=\"center\"><\/div>\n<div align=\"center\">Get Real Time updates and\u00a0<a href=\"https:\/\/twitter.com\/CannonTrading\" target=\"_blank\" rel=\"noopener noreferrer\">market alerts on Twitter!<\/a><\/div>\n<div align=\"center\"><\/div>\n<div style=\"text-align: center;\"><strong>TOP 10 CANDLESTICK PATTERNS TRADERS SHOULD KNOW &#8211; We are sharing 3 today and will share the rest over the next few days &#8211; Stay Tuned!!<\/strong><\/div>\n<div><\/div>\n<div><a href=\"https:\/\/www.ig.com\/us\/demo-account\/?QPID=3610743643&amp;QPPID=1\" target=\"_blank\" rel=\"noopener noreferrer\">Provided by Cannon FX Pro Trader: Try a demo now<\/a><\/div>\n<div><\/div>\n<div>1 &#8211;\u00a0EVENING STAR AND MORNING STAR<\/div>\n<ul>\n<li>The evening and morning star candlestick patterns occur at the end of upwards\/downward trends respectively and tend to indicate\u00a0reversal patterns.<\/li>\n<li>The names come from the star shaped formation of the arrangement.<\/li>\n<li>As you can see from the image below, the first candlestick is in the direction of the trend, followed by a bullish or bearish candle with a small body. The third candlestick is seen in the direction of the reversal, ideally closing passed the halfway point of the first candlestick.<\/li>\n<li>Trading this candlestick pattern will require a confirmation candle in the direction of the respective reversal \u2013 for example, traders will look for a bearish candle after the evening star.<\/li>\n<\/ul>\n<blockquote class=\"wp-embedded-content\" data-secret=\"ZR9fsUPIaG\"><p><a href=\"https:\/\/www.cannontrading.com\/tools\/support-resistance-levels\/independence-day-2020-holiday-schedule-for-cme-globex-and-ice-exchange\/\">Independence Day 2020 Holiday Schedule for CME \/ Globex and ICE Exchange<\/a><\/p><\/blockquote>\n<p><iframe loading=\"lazy\" class=\"wp-embedded-content\" sandbox=\"allow-scripts\" security=\"restricted\" style=\"position: absolute; visibility: hidden;\" title=\"&#8220;Independence Day 2020 Holiday Schedule for CME \/ Globex and ICE Exchange&#8221; &#8212; Cannon Trading Blog\" src=\"https:\/\/www.cannontrading.com\/tools\/support-resistance-levels\/independence-day-2020-holiday-schedule-for-cme-globex-and-ice-exchange\/embed\/#?secret=1u1EdbfP19#?secret=ZR9fsUPIaG\" data-secret=\"ZR9fsUPIaG\" width=\"600\" height=\"338\" frameborder=\"0\" marginwidth=\"0\" marginheight=\"0\" scrolling=\"no\"><\/iframe><\/p>\n<h2><img decoding=\"async\" src=\"https:\/\/a.c-dn.net\/b\/3Ht6f0\/top-10-candlestick-patterns-_body_eveningstar.png\" alt=\"\" title=\"\"><\/h2>\n<div>2 &#8211;\u00a0BULLISH &amp; BEARISH ENGULFING<\/div>\n<ul>\n<li>A\u00a0<a href=\"https:\/\/www.dailyfx.com\/forex\/education\/trading_tips\/post_of_the_day\/2013\/08\/06\/Trade_the_Bullish_Engulfing_Pattern.html\" target=\"_blank\" rel=\"noopener noreferrer\">bullish<\/a>\u00a0or\u00a0<a href=\"https:\/\/www.dailyfx.com\/forex\/technical\/article\/special_report\/2018\/12\/20\/how-to-trade-in-a-bear-market.html?ref-author=Venketas\" target=\"_blank\" rel=\"noopener noreferrer\">bearish<\/a>\u00a0engulfing candlestick pattern may indicate\u00a0reversal patterns.<\/li>\n<li>A bullish engulfing candlestick formation shows bulls outweigh bears. As the pattern below shows, the green body (bulls) covers completely the first candlestick (bears).<\/li>\n<li>A bearish engulfing candlestick pattern is small green (or bullish) candle followed by a larger red (bearish) candle immersing the small green candle.<\/li>\n<\/ul>\n<p><img decoding=\"async\" src=\"https:\/\/a.c-dn.net\/b\/2FhxcS\/top-10-candlestick-patterns-_body_bullishengulfing.png\" alt=\"\" title=\"\"><\/p>\n<h2><img decoding=\"async\" src=\"https:\/\/a.c-dn.net\/b\/1oZPI2\/top-10-candlestick-patterns-_body_bearishengulfing.png\" alt=\"\" title=\"\"><\/h2>\n<div>3 \u2013 DOJI<\/div>\n<ul>\n<li>The\u00a0<a href=\"https:\/\/www.dailyfx.com\/forex\/education\/trading_tips\/daily_trading_lesson\/2019\/06\/06\/doji-candlestick-pattern.html?ref-author=Venketas\" target=\"_blank\" rel=\"noopener noreferrer\">Doji candlestick<\/a>\u00a0chart pattern is associated with\u00a0indecision in the market\u00a0of the underlying asset. This could mean potential reversal of the current trend or consolidation.<\/li>\n<li>This pattern can occur at the top of an uptrend, bottom of a downtrend, or in the middle of a trend.<\/li>\n<li>The candlestick itself has an extremely small body centered between a long upper and lower wick.<\/li>\n<\/ul>\n<p>More to follow and in between try out some of these formations on our FX demo below.<\/p>\n<p>&nbsp;<\/p>\n<p><img decoding=\"async\" src=\"https:\/\/a.c-dn.net\/b\/3kml74\/top-10-candlestick-patterns-_body_doji.png\" alt=\"\" title=\"\"><\/p>\n<div align=\"center\"><a href=\"https:\/\/www.cannontrading.com\/software\/cannon-pro-trader\" target=\"_blank\" rel=\"noopener noreferrer\">Cannon Forex Pro Trader<\/a><\/div>\n<div align=\"center\"><\/div>\n<div>As many of you know Cannon has been providing futures trading solutions since 1988. What many don\u2019t know is that Cannon is also offering FOREX (spot FX trading solutions) with the same level of support you have gotten accustomed to on the futures side.<\/div>\n<div><\/div>\n<div>We are proud to announce the addition of an FX powerhouse, IG.<\/div>\n<div><\/div>\n<div><a href=\"https:\/\/www.ig.com\/us\" target=\"_blank\" rel=\"noopener noreferrer\">About IG<\/a>\u00a0\u00a0:<\/div>\n<div><\/div>\n<div>IG US LLC is a registered Retail Foreign Exchange Dealer with the CFTC and a member of the National<\/div>\n<div>Futures Association (NFA). IG Group, the parent company, was founded in 1974 (45 years) and is<\/div>\n<div>listed on the London Stock Exchange. They have built a business around championing their clients<\/div>\n<div>by providing them with cutting-edge tools and 24-hour support. They offer over 80 FX pairs and an<\/div>\n<div>award-winning platform. The IG Group now serves 178,000 clients all over the world, from offices in<\/div>\n<div>16 countries, based across five continents.<\/div>\n<div><\/div>\n<div><a href=\"https:\/\/www.ig.com\/us\/demo-account\/?%20QPID=3610743643&amp;QPPID=1\" target=\"_blank\" rel=\"noopener noreferrer\">You can get started with a CANNON PRO FX demo here!<\/a><\/div>\n<div><\/div>\n<div><a href=\"https:\/\/www.ig.com\/us\/application-form\/?%20QPID=3602943547&amp;QPPID=1\" target=\"_blank\" rel=\"noopener noreferrer\">You can open a live account here!<\/a><\/div>\n<div><\/div>\n<div><\/div>\n<div>Trading foreign exchange on margin carries a HIGH LEVEL OF RISK, and may not be suitable for all investors. Before deciding to trade foreign exchange you should carefully consider your investment objectives, level of experience, and risk appetite. You could sustain a loss of some or all of your initial investment and\u00a0should not invest money that you cannot afford to lose.<\/div>\n<h2><\/h2>\n<h2><strong>Futures Trading Levels<\/strong><\/h2>\n<p>07-10-2020<\/p>\n<p>&nbsp;<\/p>\n<div><img decoding=\"async\" src=\"https:\/\/files.constantcontact.com\/3dc00ef7001\/0505fc0f-cd0f-41c5-98bd-45fb69ed4044.jpg\" alt=\"\" title=\"\"><\/div>\n<div>\n<div><\/div>\n<div><\/div>\n<\/div>\n<div><\/div>\n<div><\/div>\n<div align=\"center\">Did you know?<\/div>\n<div align=\"center\"><\/div>\n<div>Cannon will\u00a0<a href=\"https:\/\/www.cannontrading.com\/services\/match-beat-rates\" target=\"_blank\" rel=\"noopener noreferrer\">Match or Beat Your Current Commission Rates!<\/a><\/div>\n<div align=\"center\"><\/div>\n<div><a href=\"https:\/\/www.cannontrading.com\/software\/futures-trading-api\" target=\"_blank\" rel=\"noopener noreferrer\">Cannon offers o<\/a>ver 12 TRADING PLATFORMS\u00a0<a href=\"https:\/\/www.cannontrading.com\/software\/help-me-choose-the-best-futures-trading-platform\" target=\"_blank\" rel=\"noopener noreferrer\">CLICK HERE<\/a>\u00a0for a demo<\/div>\n<div><\/div>\n<div><a href=\"https:\/\/www.cannontrading.com\/tools\/futures-commodities-trading-resources\" target=\"_blank\" rel=\"noopener noreferrer\">At Cannon we offer <\/a><a href=\"https:\/\/www.cannontrading.com\/tools\/futures-commodities-trading-resources\" target=\"_blank\" rel=\"noopener noreferrer\">extensive trading education for FREE<\/a><a href=\"https:\/\/www.cannontrading.com\/tools\/futures-commodities-trading-resources\" target=\"_blank\" rel=\"noopener noreferrer\">. Browse resources here<\/a>.<\/div>\n<h2><a href=\"http:\/\/www.forexfactory.com\" target=\"_blank\" rel=\"noopener\"><br \/>\n<\/a><strong>Economic Reports, source:\u00a0<\/strong><\/h2>\n<div class=\"pagearrange__layout-row full\" data-row=\"1\">\n<div class=\"pagearrange__layout-column pagearrange__layout-column--full full\" data-column=\"0\">\n<div class=\"pagearrange__layout-cell\" data-cell=\"0\" data-compid=\"Calendar_Copy1\">\n<div class=\"flexBox calendar\" data-more=\"0\" data-initcallback=\"calendar\" data-updatecallback=\"calendar\" data-visiblejs=\"[]\" data-disablejs=\"[]\">\n<div style=\"text-align: left;\" align=\"center\">https:\/\/bettertrader.co<\/div>\n<div style=\"text-align: left;\" align=\"center\">All times are Eastern Time Zone<\/div>\n<div align=\"center\"><\/div>\n<\/div>\n<\/div>\n<div data-more=\"0\" data-initcallback=\"calendar\" data-updatecallback=\"calendar\" data-visiblejs=\"[]\" data-disablejs=\"[]\"><img decoding=\"async\" src=\"https:\/\/files.constantcontact.com\/3dc00ef7001\/a2c80b29-f8ed-467f-8a2c-107492ac8328.png\" alt=\"\" title=\"\"><\/div>\n<div class=\"pagearrange__layout-cell\" data-cell=\"0\" data-compid=\"Calendar_Copy1\">\n<div class=\"flexBox calendar\" data-more=\"0\" data-initcallback=\"calendar\" data-updatecallback=\"calendar\" data-visiblejs=\"[]\" data-disablejs=\"[]\"><\/div>\n<\/div>\n<\/div>\n<\/div>\n<p>&nbsp;<\/p>\n<p>Order to buy or sell, but a current market view provided by <a href=\"https:\/\/www.cannontrading.com\/company\/about\">Cannon Trading Inc<\/a>. Any statement of facts here in contained are derived from sources believed to be reliable, but are not guaranteed as to accuracy, nor they purport to be complete. No responsibility is assumed with respect to any such statement or with respect to any expression of opinion herein contained.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Like us on FaceBook! www.facebook.com\/CannonTrading Get Real Time updates and\u00a0market alerts on Twitter! TOP 10 CANDLESTICK PATTERNS TRADERS SHOULD KNOW &#8211; We are sharing 3 today and will share the rest over the next few days &#8211; Stay Tuned!! Provided by Cannon FX Pro Trader: Try a demo now 1 &#8211;\u00a0EVENING STAR AND MORNING STAR [&hellip;]<\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[67],"tags":[],"class_list":["post-16145","post","type-post","status-publish","format-standard","hentry","category-future-trading-news"],"_links":{"self":[{"href":"https:\/\/www.cannontrading.com\/tools\/support-resistance-levels\/wp-json\/wp\/v2\/posts\/16145","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.cannontrading.com\/tools\/support-resistance-levels\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.cannontrading.com\/tools\/support-resistance-levels\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.cannontrading.com\/tools\/support-resistance-levels\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.cannontrading.com\/tools\/support-resistance-levels\/wp-json\/wp\/v2\/comments?post=16145"}],"version-history":[{"count":1,"href":"https:\/\/www.cannontrading.com\/tools\/support-resistance-levels\/wp-json\/wp\/v2\/posts\/16145\/revisions"}],"predecessor-version":[{"id":16147,"href":"https:\/\/www.cannontrading.com\/tools\/support-resistance-levels\/wp-json\/wp\/v2\/posts\/16145\/revisions\/16147"}],"wp:attachment":[{"href":"https:\/\/www.cannontrading.com\/tools\/support-resistance-levels\/wp-json\/wp\/v2\/media?parent=16145"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.cannontrading.com\/tools\/support-resistance-levels\/wp-json\/wp\/v2\/categories?post=16145"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.cannontrading.com\/tools\/support-resistance-levels\/wp-json\/wp\/v2\/tags?post=16145"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}