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.
A step back into the stock market, because this one has stunned me, because it just keeps dropping! Now just because a price is dropping does not mean we should think about loading up, because this can get you hurt very badly in any market. We need to wait for a reversal sign in order to establish a potential bottom due to the fact JMIA is in price discovery...
Downtrend over last few weeks may be over as todays bullish engulfing shows signs of reversal. Watch for break of 0.35 to confirm bull break from falling wedge. Close above 0.35 would also be a hammer on the weekly chart. Good buy right now with strong support at 0.30, price target at recent tops of 0.51, potentially higher with any good news releases.
It has been observed that the price action firstly formed a bearish engulfing candlestick pattern at the resistance zone indicating weakness in price action. This is also supported by bearish divergence in RSI, indicating further price action weakness. Therefore, from current levels price action may further dip down to the next support zone which can be seen at...
Bullish engulfing completed pinning the moving average
Entering at market price 1.12157 with
# SL below the engulfing at 1.12141 and
# TP targeting next resistance at 1.12744
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time to buckle up and enjoy the ride! We have currently retested the double bottom neckline and should confirm a daily higher high on the next 1 day candle...that along with the 3 day golden cross and the weekly closing as a bullish engulfing candle means there are bull signs everywhere! There still a slight possibility on this first attempt to trigger the double...
Hello all - DuncanForex here with another trade idea
Following USDCAD gaining traction to go short yesterday, AUD finally gained strength overnight and printed a great engulfing candle on the 4hour
I have entered on the break of the high and also have buy limits set at the 50% retracement in case there is some price chopping later - it should enter me in at...
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Multiple Inside Bars + Small Pin Bar have been present since last week, A Breakout of mother candle would impact to more downside.
Always take 1% risk on each trade for capital...
BTC/USD WEEKLY SHORT, LONG-TERM.
The bearish engulfing is one of the most important candlesticks
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...