Good opportunity for short this pair we see a resistance zone on 108.100 Chart show a bearish engulfing r/r 1 to 2
AUDCAD testing the upper part of the down-channel, with a double candlestick pattern: a tweezers top and a bearish engulfing pattern. Stop loss and take profit are very tight, since we are trading on the M15 within a very tight channel, so I suggest to check the spread first for your broker and avoid this trade if you have a spread that is over 1 pip.
EURGBP getting again in the upper part of the down-channel, giving us another opportunity to plan our short position. There is a bearish engulfing pattern right on the top of the channel, so we can enter right now and play with a very good risk to reward ratio.
AUDUSD just tested a resistance that is formed by the last important swing high. After testing that level, we had a bearish engulfing pattern, sign that sellers are attempting to push the price down. Interesting battle between buyers, who seemed to be strong with the last up-movement, and sellers, who seem to find convenient the level 0.6808 to place their short positions.
DollarCad Weekly Formed A Bearish Engulfing CandleStick Formation after breaking out of its long term channel, USDCAD already retraced back up creating a lower high and now we have this bearish candlestick formation with a counter trend line break. the daily seems to be a little low already and might retrace, I don't plan getting out since its the beginning of the...
Yesterday, I published a potential trading idea on AUDUSD, on my YouTube channel. The price is following an ascending triangle, but recent action is showing that sellers are getting stronger and may attempt to break the ascending triangle, pushing the price down. There has been a nice reaction at the top of the triangle, then a double top (highlighted with the two...
#USDCAD to continue the downtrend after the formation of a bearish engulfing pattern that is pushing the price below a previous significant swing low.
Yes, both trendlines are pointed at different directions but you can see how similar it can be based on my analysis. First, we have to register the fact that the trend on the 4-hourly chart is still bearish and the market is within the sell zone. I am waiting for a shorting opportunity. So a bearish engulfing might just set up well for me to engage a short...
AZO Has the appearance of having completed its leg up, and still has room to move downward toward 888 area in my opinion. Below are multiple timeframe looks at possibilities of this look like. Weekly chart would appear to be presenting AZO in a possible first wave in a longer term view. On the daily, printed a big fat huge bearish engulfing candle last Friday....
Morning traders Looking at a great setup on British Pound versus US dollar with Bearish Engulfing candle pattern forming on the daily charts between Friday and Monday and drill down to the 4 hourly charts and we see a head and shoulders pattern forming. Both suggesting British pound is about to head lower versus US dollar. Additionally we have bearish...
Deutsche Boerse AG German Stock Index DAX. The German Stock Index is a total return index of 30 selected German blue chip stocks traded on the Frankfurt Stock Exchange. The DAX has a base value of 1,000 as of December 31, 1987. Candlestick Pattern: Bearish Engulfing The ideas and price alerts published here are not financial advices.
Looking at the USDCHF daily chart, a bearish engulfing candle has formed around 0.98, a psychological resistance level.
Welcome to MSCapitalTrading, We provide any kind of Technical and Fundamental Analysis for Forex and Indices, Commodities, CFD and Stocks Markets every day. DAILY Multiple Inside Bars + Small Pin Bar have been present since last week, A Breakout of mother candle would impact to more downside. NOTE Always take 1% risk on each trade for capital...
3 bearish signal as above and a negative divergence on daily
BTC/USD WEEKLY SHORT, LONG-TERM. The bearish engulfing is one of the most important candlesticks patterns. 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...
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...
- Weekly (Bearish) : Weekly level broken with 8/21 MA Crossover Bearish - Daily (Bearish) : Bearish Engulfing Candle Rejection off of 21 MA - 2hr (Entry) : Counter Trend Line break with 8/21 MA Crossover, Double top divergence EP: 71.657 SL: 72.303 TP1: 71.000 TP2: 70.656 TP3: 69.650 (Next Weekly Level) www.pipkingsfx.com