With FOMC uncertainty coming up this week, and the indices hitting into near term trendline resistence, some volatility will not be surprising in the next few days. Among the 3 indices, DJI has been the strongest of late. On the monthly timeframe, we can see a few rather bullish signs: 1. a "tweezer bottoms" 2. bullish engulfing candlestick 3. bullish...
AS per daily chart and another time frames its showing bearish side if price open below Rs.409 it will down upto Rs.380
As i see in the chart, the was a bullish leg before the triangle breakout and i drew another leg excactly the same height as the last one. because last candle was a doji shaped and latest candle is closing like a pin bar and we are far away from Moving Average, I think there might be a short term bearish trend on Gold , unless today's candle doesn't close as a pin...
Trade Order: Buy Live Execution at market price. Entry: 0.9440 Stop-Loss: 0.9390 (50pips). Target: Open.
LINK looks to have failed a 3rd attempt to breakout, locking in a very large bearish engulfing pattern on the weekly. If this pattern follows through I'll be looking in the $2.70-3 range as a major support.
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Timeframe - Weekly Pattern - Bearish engulfing SL - 2734 1:1 target :- 2350 Also MACD negative divergence are there. Rsi also in downtrend.
Order SELL UPS NYSE Stop 165.76 LMT 165.76 will be automatically canceled at 20230401 01:00:00 EST UPS daily bearish engulfing hammers wave 5 of wave C take profit to MA 200 weekly and that's may be it for UPS correction.
October 2022 is closing with an bullish engulfing candle which it has done several time before! Also MACD is showing positive momentum (histogram). Ready? Set Go
MSFT gapped down into intermediate support @ 220 today (after another round of "bad" CPI report that spooked the markets) but immediately reversed to form a bullish engulfing candle on the daily chart (and a potential pin bar on weekly chart). Bullish divergence can be seen on both the weekly and daily charts which gave more conviction to this current support @...
📊 Script: RECLTD (REC LIMITED) 📊 Nifty50 Stock: NO 📊 Sectoral Index: NIFTY FINANCIAL SERVICES / NIFTY MIDCAP 50 📊 Sector: Financial Services 📊 Industry: Finance Institution Key highlights: 💡⚡ 📈 Script is trading towards upper band of Bollinger band (BB). 📈 Already crossover in MACD . 📈 Already Crossover in Double Moving Average. 📈 Double candlestick pattern...
📊 Script: PRESTIGE (PRESTIGE ESTATES PROJECTS LIMITED) 📊 Nifty50 Stock: NO 📊 Sectoral Index: NIFTY REALTY / NIFTY MIDCAP 100 📊 Sector: Realty 📊 Industry: Residential Commercial Projects Key highlights: 💡⚡ 📈 Script is trading at middle band of BB and taking support of middle band which is SMA20. 📈 Already crossover in MACD. 📈 Already Crossover in Double Moving...
The US 10-year Treasury yield left behind a Bullish Engulfing candlestick pattern on the daily chart this Friday. This is as the bond tested a rising range of support from August. A turn higher from here could open the door to revisiting the October high of 4.33. Otherwise, breaking lower exposes the 50-day Simple Moving Average, which could reinstate the...
A bearish engulfing candle pattern has formed on JSE:EXX . This candle pattern also coincides with the top of a downward channel that it has been trading in for the last month. We can anticipate a move towards the bottom of the channel at around the 182 level.
Daily bullish engulfing pattern formed around the 20EMA of EURNZD. With this candlestick pattern it is more likely that EURNZD will continue it's uptrend.
Despite that bullish engulfing candle with strong volume on 13 Oct, the market continued to climb a wall of worry for the next 5 days. However last Friday's strong close is a "follow through" day that added to my conviction that this rally could last a fair bit. On the Monthly Chart (not shown here): A potential "bullish piercing candle" (monthly ) will be...
Q's (QQQ) Look Right for a...POP! I spy a falling wedge and a higher low on the RSI indicator!!! Q's look ripe for a pop! It'll be nice if we open above 275.7 on Monday (Oct. 24, 2022). Also, the 5MA crossed up the 10MA on the daily and is approaching the 20MA. Therefore, my bias on QQQ is bullish. Peace, Love & Abundance, MrALtrades00
On weekly timeframe, CHFJPY has reached an overbought zone (RSI), an intersection between upper channel and horizontal support. On lower timeframe, we've seen a big rejection recently, and then a correction upward : here we reach the 80~88% fib levels of the last rejection (D1), with a bearish engulfing pattern yesterday. This behavior can be a potential sell...