Candelstick
EURGBP_H4Break the trend line and pull back
money management=2%
money management is very important in trade
Gold Engulphing PatternHi guys.
Engulphving Candlestick pattern can be seen in the Gold daily timeframe. As long as the price of gold is below 1952 and if it can stabilize below 1936 in 4H timeframe , the first target is 1924 and 1902. I will wait until 1924.
Good luck
nzd/usd nice 1:3 RReverything is clear on the chart
after breaking of the trend line we can go for nice short, with 1:3 RR
sell limit @ 0.6767
GOLD BEARISH TREND, END OF THE RETRACEMENT WITH EVENING STAR ?!As you can see easily we expect from gold to go for new lows,
reject from important resistance with crazy EVENING STAR PATTERN, which is one the best reversal trend patterns in candel stick analysis,
time frame : 2H
stop loss : proteced by
1. lvl 50 fibonachi retracement
2. important supply area
3. important bearish candel stick pattern
4. important 20 EMA for gold in this downtrend
tp1: 1846
tp2 : 1818
STRONG DAILY EVENING STAR IN EUR/USD, real or fake ?As you can see in EURO/USD there is a very strong daily candelstick pattern which you know it as a EVENING STAR!
What is an EVENING STAR? An Evening Star is a stock-price chart pattern used by technical analysts to detect when a trend is about to reverse. It is a BEARISH! candlestick pattern consisting of three candles: a large white candlestick, a small-bodied candle, and a red candle.
so clearly we have a fight between bulls and bears in euro/usd :
Fundamental view: as you know euro has very strong bullish fundamental news rather than US and the factors effecting on USDOLLAR during opening economics after pandemic , not very intresting for SELLERS !
so now what is my idea ? im searching for short-term intraday in euro/usd because its too soon to tell you about changing the trend in euro/usd.
I expect to see euro/usd bulls at first hours of next day trying to raise the price somewhere between 1.1820 - 1.1850, then bears come and use good sell situation and price falls 1.1720-1.1700.
important demand area for euro/usd bulls : 1.1720-1.1700
USDJPYProcess structure:
The main trend of this timeframe is completely downward and there is no sign that the trend will return. In the lower time, H1, wait for a correction in the trend to enter the loan sale for both trends.
follow next analysis : H1 USDJPY
(Give up all the old methods and do not use any indicators, just order with your own discernment and eyes.)
Tired of Elliott's interpretation?
Are your indicators lying?
it's true
All lies.
Everything is a process in itself. The whole secret of this market is in this chart.
Send me a message
CANDEL REVERSE PATTERNLOOKING FOR A STRONG PUSH AFTER THE bearish ENGULFING PATTEREN WAITING FOR A BREAK OF THE TREND LINE.
BARCLAYS PLC and huge chance to choose BUY position right nowHello, here is my analysis, where you can see some interesting points of detail about BARCLAYS PLC. There is some explanation, about COVID-19 impacts and bullish position, where you can choose a long term trading position.
Please, don't hesitate to #share your opinion and #LIKE my idea. Thanks and GL
GOLD- 100PIPS. If you want to be safe, you can take a profit.If you want more, help me with a like and a comment.
If you want to be safe, you can take a profit now. The trade is still activ.
100PIPS In a few hours.
Enjoy the profits!
NASDAQ 100 E-MINI FUTURESI predict that the market will try to go test the 1048 we will have some resistance around 9060/9664 who is totally normal and we will take 8500 as a support
