CONFLUENCIAS: 1. Envolvente y retest 2. Emas alcistas. 3. Confirmado en temporalidades mayores.
CONFLUENCIAS: -Emas bajistas -Retest y envolvente bajista -Confirmación de bajada, en temporalidades mayores.
EURUSD is in a clear uptrend, with the pair that doesn't seem to show any sign of counter-trend or strong retracement. Recent action shows a slight retracement, with buyers immediately reacting with a bullish engulfing pattern and a new higher high. Stop loss below last important swing low and trying to have it also below the uptrend line. I don't really have a...
Suspected change in sentiment from bearish to bullish following consolidation, break of prior high and engulfing candle. Take profit sitting just above 100% Fibonacci extension achieves potential 1:3 RRR.
Bearish engulfing pattern on 1D candle short @97.50-98 stoploss @99.65 target 1- 94.6 target 2 - 93.5 RRR1 - 1.34% RRR2 - 1.85% For educational purpose only
looking for a second entry on NZD JPY - depending on how the the market conditions look. We have a daily indecision candle - so looking for some good movements tomorrow lining up. Fundamental tension in HK will affect the NZD and Aussie at the sametime. So we expect some possible sell - off. from a technical S&D perspective we will look at the fibonacci retrace...
Well no one knows the future but lets guess it :) this is our job to guess the future by these signs ... As you can see we had big move ! it shocked every one including me :) If you check this idea you will find it out what Im talking about. We touched a strong resistance and we couldn't break it ! that was the resistance punch :) But if you see the daily chart...
Candle's range engulfs the previous candle.
BYND Engulfing Candle, Reached Resistance Area, May want to close Gap Down Bellow
Hello everybody! -On a 1-hour chart, we can see that the price reached the support area and we can see that the price is forming bullish engulfing so we may have very nice bullish setup. -On a stochastic indicator, we can see that the price is in an oversold condition and that is an additional confirmation to take a long position. -On a 4-hour base, USD and CHF...
Watch bulls power :O Go Up!!! Good Trade!!
CLX tested the 50% fibonacci retracement and quickly proceed to form a bullish engulf candle. With bullish divergence on the stochastic, time to long @ 198 with initial stop at 193 and looking scale out between 210 (recent hi) and 210 (127% fib extension). Disclaimer: This is just my own analysis and opinion for discussion and is not a trade advice. Kindly do...
NZDusd as been in a clear uptrend since the past week but looking at price reaction and rejection towards the 0.616 level, I think buys sentiment is getting exhausted as H4 timeframe shows weakness with a bearish engulfing candle. I expect price to move from where it is currently towards 0.606 level and maybe into 0.600 level. Looking at the Daily Timeframe,...
A bearish engulfing bar has formed at the resistance of the AUDJPY on 4Hr. The bearish engulfing pattern has momentum behind it as it is reversing a sharp uptrend that shows signs of exhaustion. Good trade. Have to watch it though because there might be some traffic along the way down. Place pending order according to entry strategy. Use due risk and money management.
Following USDCAD, we can see this major consolidation zone which has been around since Covid-19's Lock-down began. So, lets break this down further, this pair is in a range between my descending Trendline and this major support at 1.38701. As price rallied downwards last week, we came to our support zone and we did not break this support zone. Therefore, we...
Ascending Channel forming look for sell followed by retest of the trendline break back to the engulfing candle near the 60 percent retracement zone.
EURO has rejected to break the key resistance level against Kiwi. Besides, it has created a Bearish Engulfing Bar which is a sure sell signal that can be supported by any technical indicator to pull the trigger. I would recommend the H1 timeframe to pull the trigger.
An Intraday setup to go long RCM has been in an upward rising channel and price has tried to break down the lower boundary. However, the last session showed there are still buyers at this level and the session ended with a bullish engulfing pattern. I am expecting some bullishness in the short term in the new session. This bullishness could be for short term or...