STRATEGY: Support & Resistance Trading Strategy DETAILS Analysis TF: 4H/1D Focus TF: 1H SL: Just above Bearish Engulfing (0.5ATRC on 1H TF) AOV: Resistance Zone 1D Analysis MC: Sideways - Price bouncing inside Horizontal Support and Resistance 4H Analysis Price struggles to create a new High, forming a Bearish Engulfing (not yet closed - but it is a...
STRATEGY: S&R Trading Strategy ID: 1209 Analysis TF: 1D Focus TF: 1H AOV: Minor Resistance Area ET (1H): Bearish Engulfing CP: Ascending Channel 1D Analysis MS: Sideways - Price is moving in a range 1H Analysis: CP: Ascending Channel - Price is moving inside the Ascending Channel. However, price failed to break above minor resistance of...
STRATEGY: Chart Patter/S&R Strategy (Ascending and Descending Channel) Focus TF: 4H TP Target: 2.04R ET: 1H - Abandoned Baby; Bullish Engulfing AOV: Ascending and Descending Channels' Support Zone (Confluence) 1D Analysis: Long Term - Price moving inside a large Ascending Channel. Short Term - Inside Ascending Channel, there's a Descending Channel and the...
I noticed this on the 15 minute chart today as I logged onto my system. Does this mean we are about ot have a huge drop in USOIL price?
Price is facing resistance at the 1.1060 level and a bearish engulfing pattern has been confirmed. If this sort of setup meets anyone's trading plan this is how It would look. Entry --> 1.1060 Stop Loss ---> 1.1070 Take Profit--> 1.1040 Risk/Reward -->2.0 Please Comment, Like, & Follow! This information is not a recommendation to buy or sell. It is to be used...
STRATEGY: NZDCAD Ascending Channel Counter-Trend Strategy DETAILS Long Term Trend Time Frame: 1D/4H Focus Time Frame: 4H Entry Time Frame: 1H Market Condition Long Term: Downtrend (based on 1D TF/200EMA) Short Term: Uptrend/Consolidation (based ion 1D TF/10EMA and 50EMA) inside Ascending Channel CHART PATTERN: Ascending Channel Area of Value (AOV)...
STRATEGY: False Breakout Strategy/Counter-Trend Long Term Trend Time Frame: 1D/4H Focus Time Frame: 1H Market Condition 1D: Short Term: Downtrend (based on 100ema) Long Term: Sideways Market Condition 1H: Short Term: Sideways Long Term: Uptrend (based on 100ema) Area of Value (AOV) Resistance: 1.32915 - 1.33813 Support: 1.31118-1.30205 Entry...
NZDUSD on the weekly timeframe looks to create a closing bearish engulfing candle. With data from the US still topsy turvy / if, but, maybe a trade deal, then the uptick in NZD may have to wait a while until it finds buyers at a lower level around the 0.6090 August 2015 spike. Trades to the long side of NZD are increasing but the strength in USD may well keep it...
FKLI - Bullish engulfing candle pushed above upper BB, MACD & RSI continue to stay bullish. Upward momentum persists. Resistance at 1,619
USDCAD from weekly
STRATEGY: Support/Resistance Trading Strategy Focus Time Frame: 1H Long Term Trend Time Frame: 1D/4H Market Condition: Ranging Area of Value (AOV): Resistance (Price at Resistance Zone) 1.47387 - 1.46936 Entry Trigger: 1H: Bearish Pin Bar 4H: Bearish Engulfing Entry Price (EP): 1.46725 Stop Loss (SL): 1.47432 Take Profit (TP): 1.44753 (2.79R) ...
Trading session? = London Type of Entry? = Bullish Engulfing RRR? = 1:3 S/L = 23 pips Possible minor T/P? = Yes @ 1.29260 Check 4HR + Daily for trend direction? = Yes, bullish Reviewed notes? = Yes
Buy Wood Group (WG.L) John Wood Group PLC is a United Kingdom-based energy services company. The Company provides a range of engineering, production support, maintenance management and industrial gas turbine overhaul and repair services to the oil and gas and power generation industries. Market Cap: £2.3Billion The long-term trend does not paint the best of...
We now have a bullish engulfing candlestick on the MONTHLY chart. this is a good signal that we will see a Daily reversal to follow prices current trend, at this point I am looking to open a long position at a support level. This is a good risk vs: reward opportunity. Cheers
Big bearish engulfing at ATHs. Either this is a major shake out or it is geared for closing the gap roughly $14 lower.
The budget speech takes place later on today and the recent events in South Africa has created an impression that lacks confidence from investors. The Eskom debt and maintenance debacle is not going down well with Pravin Gordhan holding his cards close to his chest on plans to get the troubled utility back on its feet and avoid affecting businesses as has...
1. Stock Uptrend 2. Above EMA 50. 3. ATH Stock 4. Good FA Wait for bullish engulfing candle stick...Let see tomorrow can sustain above 3.08 or not to complete engulfing candle stick