tst

engulfing candle entry

FX:XAUUSD   Gold/U.S. Dollar
82 1 5
10 months ago
going long if candle confirms on its close to be an engulfing candle. Price has pushed above down trend line and looks ready to advance after consolidation. Target is a 100% extension from the small 50% retracement of the trend line break move. see chart markings.
10 months ago
Comment: engulfing did not confirm a reversal. will monitor for now.
snapshot
10 months ago
Comment: Entry may confirm here with a close out side the flag. The engulfing candle formation failed but could be view as a Harami reversal. http://www.investopedia.com/terms/b/bullishharami.asp It recommended to enter on a harami only with confirmation so I need the close out side the flag to confirm the probability of a reversal here.
snapshot
10 months ago
Comment:
snapshot
10 months ago
Comment:
snapshot
10 months ago
Comment: Price hit 100% ext but i hadn't amended the profit target tool when i took entry. Result I missed my target for now.
snapshot
tst
10 months ago
Off to a good start.
snapshot
Reply
Ideas Scripts Chart
United States
United Kingdom
India
España
Italia
Brasil
Россия
Türkiye
日本
한국
Home Stock Screener Economic Calendar How It Works Chart Features House Rules Moderators For the WEB Widgets Stock Charting Library Priority Support Feature Request Blog & News FAQ Help & Wiki Twitter
Private Messages Chat Ideas Published Followers Following Priority Support Public Profile Profile Settings Billing Sign Out