Yesterday we discussed this market and the critical support level price was looking to test on the 4 hour chart. We also discussed the recent higher lows price had been forming. As the 4 hour chart shows; price has now formed a large bullish engulfing bar at this area and moved back higher. The recent swing high resistance now comes back into play and is the...
Very clear bearish strenght. Im expecting the price to come touch my trend line 📉⏳
Hello Fellow Trader! Silver (XAG/USD) Pieces Through Trend Line 4 Hour Time Frame: Strong bullish Engulfing pattern at key Fibonacci level and price. A simple way to find support and resistance in Silver is to plot price intervals of $XX.50 as seen in the labelled examples, and watch and back test price behaviour at these levels for opportunities or clusters...
Hello traders and investors! Let’s see how SPX is doing in this Multi Time Frame Analysis (MTFA)! This could be a bull or a bear trap, and here are the most important points to keep in mind. We see a Dark Cloud Cover candlestick pattern under the 21 ema in the hourly chart. This is a bearish sign, and today’s rally could be just a short rally to its...
This pair has been choppy and sideways all year. The past few weeks have been no different. After a huge daily chart bearish engulfing bar, price went right back to forming an inside bar and going nowhere. Whilst price is very sideways there are still trading opportunities. The best plays look to be trading both sides of the market from the range high and low...
''BUY MARKET ORDER'' Trade entry; Bat (1.618 AB=CD Price/Time) Hidden Divergence Engulfing/Outside-Bar
Trade No. #03 ''BUY MARKET ORDER'' Reasons for entering: bullish bat hidden divergence engulfing/outside bar Target: XAD
Hello traders and hodlers! Let’s what XTZ is doing today and do a complete Multi Time Frame Analysis (MTFA)! In the hourly chart, Tezos is struggling a lot, as the bears are dominating the crypto. It did lose the purple trendline , which was the first sign the trend was going to get weaker, but now it is doing descending tops and bottoms , a trait of a bear...
After closing today @ $31.41 NYSE:UBER formed a bullish engulfing candle which swallowed the 5 previous candles. This candle formed after downtrend. Target 1: 32.38 Target 2: 34.28 STOP LOSS: 27.60
Uptrend. Wait this candle to buy. If it close high. (engulfing bullish candle) then buy. Keep it simple. Good trade!!!
Hello Guys. The long-term goal of gold is to rise to the level of 2000. But due to the engulfing pattern in the daily and monthly timeframes, the expectation of price reductions to the levels of 1914, 1902, and 1880 is not unexpected. However, after the price of 1914, gold has strong support levels. The price of 1924 is also a key level for gold. The daily pivot...
BEARISH RSI DIVERGENCE ON THE DAILY CHART, FORMING AT THE MULTIPLE TIME TESTED RESISTANCE LINE. DOUBLE TOP CHART PATTERN CONFIRMING REVERSAL ON THE DAILY CHART WITH BULLISH ENGULFING SIGNALING GOOD ENTRY REASONS.
BEARISH DIVERGENCE WITH DOUBLE TOP CHART PATTERN CONFIRMING TOP WITH BEARISH ENGULFING PATTERN. SELL APOLLO TYRE LTD AT 130.52 TARGET 121.60 STOP LOSS 135.00
We discussed this market last week and the fact that price was looking to pullback into the major support level and 50% Fibonacci level. Now price has pulled back into this level we can see a bullish engulfing bar and rejection candles have formed rejecting the support. As yet there has been little follow through and for a move back into the recent swing high...
Bullish engulfing formation in Grasim industries . Target =729 Stop loss =612
AAPL, amidst all the news and upcoming split has risen to new highs. Today's trading showed bullish signals (bullish engulfing and uptrend off of intraweek support levels. With a close after this huge of a rally and a $4 gain in premarket trading, it's likely NASDAQ:AAPL will continue this uptrend tomorrow; Good luck and happy trading everyone!
Mahindra Logistics formed a bullish engulfing candle on Friday with volume greater than 20MA. Target 318 stop loss 273. This view is for educational purpose only.
Indeed that EURUSD has an inside week breakout, but it also has a daily bearish engulfing today after the Fed meeting yesterday. Therefore, I'm still willing to look for some intraday short opportunities for EURUSD today such as this inside hour. A great breakdown short yo! Let's see how it goes yo!