Bearish Engulfing

EURAUD showing slight weakness for a short opportunity. 1Hr Bearish Engulfing and a 4Hr bearish engulfing. This is also completed a three wave structure to commence the C wave. Yellow Projection: Our preferred scenario to fall to the area of accumulation. Look for any sells through to this point. Divergence between two peaks of RSI and we have the stochastic ...

here is a nice example of a break and retest (last kiss) as well as a fibo retracement lining up right with the support & new resistance double top and neckline retest taking it from zone to zone, from .5 fib retracement resistance zone to the support zone and extension area of -272 another confluence is 14 and 50 ema are under 200ema 32pip profit here if u tp'd ...

break below weekly low is my entry.

Although ICON is now on uptrend, it's currently forming a daily bearish engulfing. If it doesn't bounce from the yellow box, I'd expect it to go back to monthly S1 (78.6% Fib level). Otherwise, my targets would be monthly P (50% Fib level) and 61.8% Fib level.

Based on simply EMA trend lines strategy. If you like my idea, pls. hit that "like" buttom or leave a comment. Thanks!

Perfect example of Support becomes Resistance. Price bounced of nicely from the FIB level 61.80% with a bearish engulfing candle. TP: Near 535.00 level SL: above 555.000

My idea is to shorten the bearish engulfing pattern after the market has made a new low.

I have read that the Labour Party would vote for a second Brexit referendum. I am not sure wether that is bullish or bearish for the sterling. The market is one moody bugger who changes its mind so much. One day, this kind of news would be bullish for sterling, one day it becomes bearish. However, this fresh news (about potential second referendum now that no ...

GREAT OPPORTUNITY FOR SELL!! OANDA:GBPJPY -BEARISH ENGULFING ON DAILY CHART ENTRY PRICE: 147.079 SL: 148.327 -125PIPS T1: 146.172 90PIPS T2: 145.580 149PIPS RISK/REWARD : 1.2 NICE TRADES FOR EVERYONE :)

I believe that it is possible to beat the market through a consistent and unemotional approach. This is primarily achieved through preparing instead of reacting. Click here to learn more about how I use the indicators below and Click here to get my complete trading strategy! Please be advised that I swing trade and will often hold onto a position for > 1 month. ...

I believe that it is possible to beat the market through a consistent and unemotional approach. This is primarily achieved through preparing instead of reacting. Click here to learn more about how I use the indicators below and Click here to get my complete trading strategy! Please be advised that I swing trade and will often hold onto a position for > 1 month. ...

The No-Deal Brexit jitters potentially pressure the Sterling in mid-term. I am picking two directions within a general GBPUSD mid-term bearish bias. Left Hand Side Chart is H4 Timeframe. Right Hand Side Chart is H1 Timeframe For Plan A : I am marking yesterday's daily pivot + 1.29000 price and I want to see how the market will react upon reaching it. A bearish ...

This is a Re-post-As 1st Chart the Short (SL & TP) Position was put in reversed. Actutal Trade is done vis OANDA account - FYI We make analyse from Price Action / Price Pattern , S/R lines & Trend Lines EXPECTING a BIG PRICE Movement Down..IF analyse is on target !! >1. For AUDUSD approaching Trendline S/R formed since 2002. Remember TRADING is never 100% ...

Compare/contrast to 11/12 June top and throwover. Bearish engulfing candle. Shooting stars. On intraday we saw hanging man twice, and shooting star in SPX 8/.21. Expect imminent throwover to entry on wave C of ABC ZigZag correction pattern within days, after reaching all-time high on SPX 8/21, US 30 25888 at Fibo 0.786 from Jan 26 high. Target 23531. Possibly ...

EURCHF The currency pair is in a downtrend according to the strong bearish setup of the moving averages. In the video of this morning, we were already considering a short position on it, but now we have a clear candlestick pattern, a bearish engulfing. Stop loss and take profit may be selected to have a RR that is at least 1:2.

This is a 3-3-3 corrective wave pattern forming. Looks like we had 3 strong down waves in 'W'; 3 smaller up waves today for an 'X'; The 'Y' should start very soon, will likely open with a gap down and should carry index to near same decline as 'W' or ~520 points to 24818. I do not see an ABC pattern here, as there are no 5 wave impulses in the W or X waves. As ...

AUDJPY There are several reasons to consider a short position on this currency pair: 1. Bearish setup with the moving averages; 2. Double top formation; 3. Green moving average working as a dynamic resistance; 4. Bearish engulfing pattern; 5. Price in a main downtrend. The risk to reward ratio is 1:2, so definitely a trade to try.

DBD + bearish engulfing area + 50% retracement TAYOR