After major lows were taken out finding liquidity, it opened up the gates for the bulls to charge ahead. Major bullish engulfing on the daily showcases the immense amount of bullish strength currently for Copper. Expecting Copper to at least re-test the top of the range and even break higher. At these prices Copper seems to be at quite the discount. Definitely...
Watching a short-term 1 hour bullish engulfing candle bounce play off of support. I'm long at current level and looking for price targets at or above the 1460 satoshi area. Don't fall in love with her just trade the bitch! Viva La Crypto!
Yesterday Bitcoin closed the week with a bullish engulfing candle. A bullish engulfing is where the green candle is much larger than the previous red candle. As you can see in the chart, 5 out of 6 bullish engulfing candles meant other green candles to follow on the weekly chart. It also helps that Bitcoin has experienced sideways price action for the last few...
Spotted the worlds smallest bearish engulfing on 4hr. Not including the bearishness of the other indicators, does this count as engulfing? I zoomed in and yes it does very slightly open above where the green bar closed.
EUR/USD pair broke the trendline and went for retest, the MA's are crossed and we have a engulfing candle. We are waiting to short this pair and the target will be the next support zone !!
EURAUD showing slight weakness for a short opportunity. 1Hr Bearish Engulfing and a 4Hr bearish engulfing. This is also completed a three wave structure to commence the C wave. Yellow Projection: Our preferred scenario to fall to the area of accumulation. Look for any sells through to this point. Divergence between two peaks of RSI and we have the stochastic...
Since Trump is actually still in office I would like to see this happen with EURUSD, but interest rates are also messin w the vibe so who tf knows mate
here is a nice example of a break and retest (last kiss) as well as a fibo retracement lining up right with the support & new resistance double top and neckline retest taking it from zone to zone, from .5 fib retracement resistance zone to the support zone and extension area of -272 another confluence is 14 and 50 ema are under 200ema 32pip profit here if u tp'd at -272
Today, European President Draghi was due to testify about the economy and monetary policy before the European Parliament Economic and Monetary Affairs Committee, in Brussels. To sum up what he said in his speech, he clearly stated that the European economy is stabilizing from its draw-down in the 2007-2008 financial crisis. This is why we have been seeing the...
Hi Guys, The current scenario for NIFTY 50 doesn't look good at all. 1. Let's talk about recent one, you can clearly see that it formed a Bearish Engulfing candle on the weekly chart. 2. There is a Head And Shoulder pattern formation is in the process, which is most likely to complete in December. 3. If you look at the Retracement Levels, You can see that it...
FANTASTIC SET-UP Decent RR, bagged roughly120 pips. Onto the next!
Nice 1H ENGULF and breakout ! Clsoe to hitting TP.
Nice 4H engulfing candle by the previous LL. 1H chart we had a engulf yesterday followed by a minor trend opposing the major trend break-out, bias is short! Lets see how this plays out.
Double Top Failed to Break Weekly Resistance Bearish Engulfing Candle
Yesterday's OIL broke a new low a gain and formed a bearish engulfing bar. it is now in retracement, so we wait the price comes back to the previous low, retest and look for bearish price action to enter short. Long term trend: bearish. expected TP zone: 55