USDJPY has displayed a very bearish sentiment. On the 1-hourly setup, it has the perfect price for a shorting opportunity with a fantastic Reward is to Risk ratio. The level that you need to watch out is how the market reacts on the trendline, if market bounce at that level, at the minimum stops must be a shift to entry price to prevent a trend-reversal to take...
Both weekly and daily demand zones look shaky and precarious. There are still AKAM and NET. Diversify your CDN and edge computing plays.
Price action on the daily chart of this pair has now formed a bullish engulfing bar at a longer term support level. If you zoom your daily chart out you will be able to see that this support level is a multi-year level going back into last year. If price can now break the high of the engulfing bar we could look for price to move back higher and into the...
Bearish engulfing candles in a rising wedge suggests a breakout in price downwards on the hourly.
below 114.89 invalidates the set-up
CHFJPY Inside Bar Target Price 114.046
Goodmorning traders! IF this candlestick engulfs and closes under the candlestick I've circled and also under 0.25000 i will enter a sell. Also every time price closed under the green structure price kept falling until it hit another key zone, eventually price will test the support line of the ascending channel. if price heads back up from here it was testing the...
So USDCAD 1-hour candle just closed as a bullish engulfing. Taking into account we just made a stop run to the downside, we are likely to accelerate to the next liqudity pool waiting above at 1.1345. What do you guys think about this trade idea?
A structure trade that has a buying opportunity as market pullback 50% on Fibonacci Retracement and it that offers target1 to have 1.5:1. The candle was above both moving averages, and the target1 coincide with the area for potential shorting opportunities of both Deep Bearish Gartley Pattern and ABCD Pattern. Trade engaged with tight stops.
EURJPY has a daily bearish engulfing, and it had broken to the downside. I'll be willing to take this pullback short here. Let's see how it goes yo!
The market is undoubtedly in a raging up trend, therefore, I usually have many long positions open. Sometimes I will short weak stocks to protect my long exposure. NYSE:F seems like an ideal candidate here after that engulfing candle at resistance. Try to get a good risk to reward entry. Stop loss above $7.45, target near $7.10.
Now we see on a daily and weekly basis that an ENGULFING candle has struck and is likely to rise near the 4.5-year resistance line and then fall.
In the daily chart, we have an engulfing candle that was two time bigger than last 3 days ago .The daily stochastic is oversold which is give us to buy signal we will earn up to 50 pips. Good luck
If we look at the daily chart, we notice that engulfing candle has occurred that indicates a strong long with more Pips .the Rsi, macd, stoch are moving upwards. Tp 1 : 0.8877 Tp 2 : 0.8946 good luck,
Today, the potential growth in BTSUSDT price is predicted by tecnical analysis of indicators. Our new automatic Engulfing strategy revealed the local reverse from downtrend to uptrend. This assumption is also confirmed by the Bollinger Band indicator. The price fell down and broke the lower line and the centraline has a crossover with the price. The buy level...
Technical analysis of indicators reveals COTIUSDT is in the downtrend. According to EMA and SMA (5, 10, 20, 30, 50, 100 and 200) the position is in a decrease phase. We can see there is an upcomming reverse according to Williams Percent Range (14) and Commodity Channel Index (20) indicators. Our brand new automatic Engulfing intraday strategy detected a reversal...