Engulfing Candle

Entry at 2.19$

bearish signal: sell below 470 with sl 476 for 460

on the cadnzd pair, I see bullish potential from support zone + falling wedge pattern. Price reacted very well from support with an engulfing bar and has retested newly formed support zone. Looks like potential inverse H&S but can't be too sure on that. Price has also reacted very well off newly support...

Update on BTC and highlighting that I'm looking to start implementing supply and demand zones within my trading strategy. I've been looking and studying S&D for a little while and feeling confident to start adding it to the mix. My overall goal is to utilize it and candle patterns as my main strategy. As I've mentioned before 99% of indicators are lagging and...

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...

in 1H chart : Support Zone at 1285 Oversold in RSI indicator Divergence in RSI indicator Engulfing candle stick pattern > Buy Entry : 1286.5 -Stop : 1283.8 (27 pips) -TP1- : 1289.5 (30 pips) -TP2- : 1295.0 (85 pips)

in Daily chart : Bearish Engulfing candle stick pattern > Sell Entry : 1.3345 (50% of Monday candle) Stop : 1.3400 (55 pips) TP1 : 1.3200 (145 pips) TP2 : 1.3080 (265 pips)

in Daily chart : Bullish Engulfing candle stick pattern > Buy Entry : 1.1244 (50% of Monday candle) Stop : 1.1200 (44 pips) TP1 : 1.1350 (106 pips) TP2 : 1.1444 (200 pips)

The trend is currently bullish so I am looking for buying opportunities Using the 21 MA I spotted a bullish engulfing candle pattern just completed Buying @ market price 1.00008 with Sl below the candle pattern @ 0.99737 and Tp higher up around resistance @ 1.00568 Always exercise good risk management For trade management details please join Forex Bootcamp...

We are short AUDUSD and see a bearish engulfing pattern identified by the candlesticks with black arrows, however there could be a potential counter attack if the resistance level of 0.713 is breached. However we expect the downtrend to continue despite better than forecast Australian retail sales (0.8% actual vs 0.3% expected). This is because the RBA don't...

Two big red candles, double top = selling pressure to the upside, is everyone out yet that wants to be out? that is the question. Short here with 1 ATR stop and a 20% target to the down side.

In at $33.29. 1 ATR stop in place. Target = 20% Bearish engulfing. Biotech sector bearish.

bullish engulfing Candle at 1.16$

Bearish engulfing Sell below 1686 with sl 1702 for 1674-1662

bullish engulfing candle at 1.50$

Bearish engulfing at resistance sell below 253 sl 256 target 248-246

Now AUD is very strong but I hope it will be down.

Reason to Sell 1) 11700 - 11900 = resistance area 2) Counter-trendline broken 3) Engulfing candle