DBD + bearish engulfing area + 50% retracement TAYOR
Potential long at QM level supply zone + bullish engulfing
-CADJPY LONG term (retest of the new support) -Resistance become support -Fibonnacci 50.00% rejection -Bullish Engulfing
If someone used harmonic pattern in previous briefing, now, may take 3~4% profit. if you want to read only for 'repeated pattern', go '4.Etc.'. Let's start the analysis for BTC/USD chart. If you are busy, you can just read below briefly '1. Briefing ' '5. Summary and Strategy' and '4. Etc.' either in this briefing. before read, click '+Thumb up, +Follow'...
Since price acion's previous breakout to the downside and close below the 1.77600 zone Price action has now retraced back up and is currently retesting This previous support zone which now may act as a potential resistance level. Price action has now seen a rejection at this level signing a possible continuation to the downside!
AUD/USD Harmonic Cypher, D1 strong Support Bounce, W Bottoms, Bullish Engulfing
Trading the weekly OANDA:USDSEK swing from the pivot midpoint. The h4 printed an engulfing candle right at the pivot midpoint. As I am still mildly bullish on the USD buying is the game with 8.98 as a first target. Let's see where it brings us. Trade safely
Double top formed showing signs of more bearish movement
Candle patterns on higher timeframes (daily, weekly and monthly) is safest way to predict the direction the of price move (hundreds of pips) on all smaller timeframes. I recommend NCH (Nison Candle Highlighter), the best software for accurate identification of candle patterns.
Ark is one of the undervalued coins in the crypto market. The 4 hours chart is showing a very good profit making opportunity which shows a bullish engulfing candle stick with a very good potential RSI indicator. If it can close above the first resistance at 23487 sats it might show us a rally towards the following resistances. Volume needed to show some...
Since the beginning of May, Salt faces a downward trend till it showed an engulfing stick on the 1 day chart today. If this candle closes above the upper resistance trend line there will be a high probability to see a rally towards the next resistance fib levels at 4106 sats and above. RSI looking very bullish and just volume needed a very small spike. Other than...
A bearish engulfing candle has formed as the price moves closer to the resistance level of this bearish channel. It looks like to me that the price of this pair is going to be negative over the next few days. I think the price would move down from here towards the support level of the channel, we have seen a shooting star form as well, which makes this signal much...
As we can see almost all the alternate coins are showing exactly the same pattern after the starting of Bitcoin's downward trend since May. Actually you may get almost on all top 100 crypto-currencies the same pattern in the following 1 to 2 weeks. The same falling wedge pattern is shown in PTOY chart. This time the bullish engulfing candle stick also give a...
Can gold end its downtrend? We can clearly see the bullish engulfing candle on 1 day chart. Possible take profit levels are fib levels: 1278$, 1321$ and 1375$.
Very nice Engulfing Candle appeared on the resistance levels. Stoploss 9+ pips above highest wick. Risk/Reward Ratio = 1:1. I will take 50% of the profit when it reaches the target. Then i will let it run and see how far it goes. I will take the other 50% of profit when another Engulfing Candle appears! DO NOT TAKE THIS AS A BUY OR SELL SIGNAL, IF YOU DO I AM...
Penny stocks are all the rage right now, in the wake of penny stocks moving 200% and 1000% like PED and CEI could GLOW be next? Here are some levels to watch when GLOW wakes up. GLOW sports a thrifty P/E of about 1.
We are reaching strong support lines, volume is at its lowest and we had a long bear cycle of almost 2 months.
Last post: June 24th. See chart . Review: Price had pulled back to the daily 20sma which was acting as resistance. Update: Price has bounced off the 20sma and produced a potential bearish engulfing candle suggesting weakness. Conclusion: Continuing to stand aside until pivot support is cleared and price moves towards 1.3000. Any comments or questions, do...