As seen on the charts, on the short term (1D), it seems like AUDNZD is going to have a drawback, but on the long term (1W) chart, it looks like AUDNZD is going to continue the trend that has been developing for a while now - I don't see a reason to why it would break that trend.
Alright folks, price needs to close today anywhere above .39 and we'll have an engulfing weekly candle. Currently, price is at .47 so it's looking great! Rising volume and weekly RSI on the rise, this name looking stellar for continuation. Congrats to the bulls who bought the dip down to .29!
Silver's weekly candle charts have now thrown 3 bullish candlestick patterns in a row with a triple pin bar setup, and the final pin bar also acting as a bullish engulfing bar. This setup is offering an attractive risk:reward for a bullish upside breakout.
Welcome fellow tradingviewers, For the ones following me for a longer period of time we have mentioned a possible trendreversal on LTCBTC a couple of times. After our last analyses we had a small fakeout to the downside with the miners capitulation sending the prices into one last dark hole. Since then prices have returned to the mean and we are now getting...
This week is nothing but reverse bart patterns and scam wicks! I guess this is the result of decreased liquidity caused by the slowly declining volume during the consolidation phase. Bitmex is trading below 2 billion volume as of now, yet open interest is on the slow ascending trend. This tells me the accumulation is taking place possibly by big fishes. In...
Thank you for your continued support :) Strategy: Price-Volume Analysis Bias: Bullish. KRONO has made a successful triangle breakout with volume today, after well supported on the uptrend line and short term MA line. SWC's private group members were informed over the weekend that KRONO is reaching MA support zone and should take note! KRONO has formed bullish...
BULLISH ENGULFING KEY CRITERIA 1: Market must be in a clearly defined downtrend...done 2: The first candle is bearish...done 3: The second is bullish...done 4: The bullish candle engulf the previous candle's body...done We have an important signal reversal signal ! Stay tuned for more updates , don't forgot to follow me to stay up to date ;)
Almost a Bullish Engulfing Entry @ 1.67576 TP @ 1.69405 SL @ 1.66190
Potential Bullish Engulfing Buy @ 1.60670 TP @ 1.62560 SL @ 1.59440
STRATEGY: S&R Trading Strategy (1247) Analysis 1D: Price still moving inside a well-defined range 1H: Looking at 1H TF, a Hammer was created and it was followed by Bullish Engulfing which act as our ETs See previous post for more details: Action Item(s) - Scale-in as necessary Note: This post is for my personal journal/personal opinion only. Please trade at...
STRATEGY: Chart Patter/S&R Strategy (Ascending and Descending Channel) Focus TF: 4H TP Target: 2.04R ET: 1H - Abandoned Baby; Bullish Engulfing AOV: Ascending and Descending Channels' Support Zone (Confluence) 1D Analysis: Long Term - Price moving inside a large Ascending Channel. Short Term - Inside Ascending Channel, there's a Descending Channel and the...
A Bullish 5-0 pattern staging for a bigger trade setup. An opportunity for me to engage on a longer-term trade, however, I do need a bullish engulfing candle to close to engage. Do note tomorrow is a non-farm payroll data release. Traders who aren't comfortable should wait out for the news and usually, I will engaged 15-45mins after the release of non-farm payroll.
If the price breaks down to the cloud this pattern is no longer valid!! Info on the chart !!
EURAUD is in a short term pennant and we just had a bullish engulfing pattern at the bottom of it. With a risk to reward ratio that is better than 1:2, this could be a nice trade to catch!
#Accumulatio_Recommendation Pair : #DNT / #BTC Trading Platform : #Binance RSI : 59 TA Notes : - MACD : Looking bullish on the daily chart. - RSI : Looking bullish too for the short the short term being in a neutral position form but going to move towards the overbought area in the mean time. EMA : Already below the price level indicating a good reversal bull...
BUY APOLLO@1435 STOPLOSS@1428 TARGET@1453