Price closed above diagonal resistance. Diagonal resistance becomes support after price closed above level.
OANDA:GBPUSD GBPUSD formed a double bottom, breaking the resistance/neckline and simultaneously broke structure of the downtrend, then made a retest at 50% Fibonacci PRZ with a bullish engulfing.
My previous trade hit SL. And now I go short at 1988, TP at 1968. Not all trades will go well. We need to keep going! Arigato!
I noticed something during the Valentines day at 14 Feb. Price already show Double Top Pattern & Engulf Sell . So I sell at 157.25 and add a layer entry sell at 156.95 . TP 1 at 155.40, TP 2 at 153.55. Follow the trend, I sell at 155.00 and reentry at 155.00 after the corrections. TP 1 at 153.40,TP 2 at 151.50. Now i entry Sell at 152.900 . TP 1 at...
I sell at 2005, TP at 1985, 200 pips. Then I buy at 1983 TP 1 at 2016, 330 pips. TP 2 at 2036, 350 pips. We'll see how the price action goes. If my buy position don't hit TP 2, I will go sell at 2016.
OANDA:AUDUSD AUDUSD just broke the bearish structure on the Daily chart. It had formed a double bottom pattern and broke the neckline of the double bottom and also closing above the previous Lower High breaking structure. Price further made a 50.0% retest and candle closed as a bullish engulfing, confirming a buy setup on AUDUSD.
Today on the 4HR Timeframe we went down Below the Demand Line of a Falling Wedge Channel but ultimately closed back within the Channel then Bullishly Engulfed at the PCZ of a Bullish Gartley on the close of the next candle. We also showed slight hints of Bullish Divergence on the MACD whilst this was going on. This looks to be pretty good for any Market Bulls out...
If price holds orange support zone we have a chance at testing yellow resistance zone. If Yellow support zone holds we may be able to touch the bottom of light green resistance zone. Forming an inverse head and shoulders and a bull flag to confirm bullish bias. Needs a bullish engulfing candle breaking out through the top of the pink channel or near the bottom of...
My reasons: Classic Reversal Pattern, Head and Shoulder at H4. Huge Bearish Engulfing on H4. Confirm better by break below neckline, climb and reject below neckline. Average Entry Price: > 90 SL: 92.00 TP1 : as in the pic (Measure the distance from Head to Neckline) TP2 : '' TP3 : ''
OANDA:GBPUSD GBPUSD formed a double top, and broke structure(NECKLINE/SUPPORT) and retraced at 78.6% and has created confluence with a resistance line and a bearish engulfing candle formed creating a high probability confirmation for a sell on GBPUSD.
Atom seems to hit a strong support, while it has broken the Bearish trend line, I think the candlestick pattern( something like an imperfect bearish engulfing) form at the level of a dynamic resistance would lead the price to the support 25.67 to 25.38 USDT for the last time and after formation of a key level we could see growth to 27.49 to 27.67 resistance. also...
Hello traders and investors! Let’s see how GOOG is doing today! First, we see a good reaction today, in the 1h chart, as the support area between the two black lines at $ 2,667 - $ 2,651 is holding the price nicely. Right now is a good time for a bullish reaction, and GOOG could fill the last gap at $ 2,747.65. However, in order to reverse, we must see a...
we got huge divergence, fundamentals also match, COT reports. we got a valid OB. QM Pattern. downtrend. trendline. everything in general is all their, im watching liquidity to be engineered and then im going to go in. trade safe and enjoy this analysis im 100% sure it will work out
OANDA:GBPUSD Price broke structure with a bullish engulfing in the 4H Retraced at 61.8% making a new Higher Low The 8MA crossed over the 21 EMA indicating that the are more buyers than sellers
Hello dear fellow traders ! Today i spotted a reversal bearish engulfing pattren in interactive broker stock, as we can see in chart that after a minor uptrend prices has reversed and form a candle which looks like sellers are totally in control and share can continue towards down trend and we can get 3% to 4% in profit's. Thank you.....
It seems like SLPUSDT had a false breakout and the resistance line is still intact. It is probably in a correction phase after a great run up. There is a battle going on in the circled area. A bearish engulfing pattern is present on the daily so can expect more downside action possibly to the 50DMA unless trendline is successfully broken with the retest of the...
OANDA:GBPUSD GBPUSD was in a consolidation on the 15 min chart and price broke structure and retested creating support and retraced of the 38.2% fib PRZ level. A bullish engulfing candle on the 1H added an extra confirmation for a but setup
After a clear bullish engulfing forming in the January weekend of 22nd, 23rd with continuation there after, there are several factors to be considered: 1. Possible solid bottom has been formed at ~35,000 2. Bitcoin has broken the major resistance at ~41,500 with a lot more ease than expected, dictating a more easy uptrend towards ~44,000 After breaking the...