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Multiple Inside Bars + Small Pin Bar have been present since last week, A Breakout of mother candle would impact to more downside.
Always take 1% risk on each trade for capital...
BTC/USD WEEKLY SHORT, LONG-TERM.
The bearish engulfing is one of the most important candlesticks
This candlestick pattern consists of two bodies:
The first body is smaller than the second one, in other words, the
the second body engulfs the previous one.
This is how a bearish engulfing bar pattern looks like on your charts,
this candlestick pattern...
DXY HAS COMPLETED A RISING WEDGE & HAS BROKEN IT + WE CAN SEE A BEAUTIFUL BEARISH ENGULFING PATTERN IN THE WEEKLY TIMEFRAME, THAT TELL US DOLLAR IS BEARISH IN THE NEXT WEEKS SO WE CAN SHORT IT.
SUMMARY: TRY TO LONG GOLD & SHORT US PAIRS. FIND A GOOD STRUCTURE FOR A GOOD R:R TRADE.
THERE'S A LOT OF OPPORTUNITIES EVERY DAY JUST BE PATIENT :)
EURAUD has been moving in an interesting manner of late.
If you noticed on the 4 hour, a consolidation around 1.63500 to 1.6300 - with a spike up to 1.6450 and falling back into the 1.6300 - 1.6350 range thus creating a head and shoulders.
Daily - We have come into Yearly highs, with a Spike up and a bearish close on the day, forming a shooting star/bearish...
Bitcoin is in a correctional momentum for now and created a bearish engulfing candle stick. A close below the red line will confirm a correction towards the next support first at around 7038 USD and after that 6500 USD.
Remember to drop your LIKES and press the FOLLOW button if you are interested by our forecast and be free to DISLIKE the post or right your...
A good shorting opportunity
bearish engulfing pattern formed after wipro announced it's result
i have also checked the delivery percentage which was less.
if price is decreasing and delivery percentage is less then it indicates very less interest of people to accumulate
also price is in overbought region as per RSI indicator.
and lastly it looks like a double...
o Trend is clear
o price never broke blue line till...
o on the peak it broke blue line and closed
below the brown line
o Sell trigger would be on that candle
o Since bearish engulfing is happening
it's confluence with the trade
Reasons for entry:
- 88.6% fib rejection
- 1.1310 Minor psychological level
- PA is wicking + bearish engulfing
- Price is losing moment and beginning to stagnate
- 2hr Doji, possible evening star forming on the 2hr
- 1hr bearish engulfing (weak) + 2hr Doji
Target 1 @1.1225 (+80pips) =...
Due to oversea market gaining higher last night the ASX 200 should be opening higher off its bounce. However with Nearmap it has formed a bearish engulfing near the RES and its near 52 week high as well. Looking to short 1260, near the 13 ema.
Reasons for entry:
- Possible 1hr H&S pattern
- Price has rejected 0.7150
- Price is stagnating and showing a loss of momentum
- Possible weak Eveningstar candlestick formation on the 1hr timeframe
- 15 min bearish engulfing
- Target 1 @0.7050 (+90pips) = Risk/Reward : 1:6.2