- Entry 0.66633 📉
- Entered on the 15m.
- 15M Engulfing Candle/Supply was retested.
- 15M Engulfing inside of 4HR engulfing .
💡 Idea: Price potentially falling to the 1HR Engulfing/Demand on the 1HR at 0.66304.
*This is not financial advice. These posts are just my opinion on the market.
Hello friends.
According to following reasons i personally go LONG for BTC/USD :
1 - Reach the Higher Timeframe Valid trendline.
2- shape an Bullish Engulfing pattern on this line.
3-Reach the 27000 support level.
4-Bullish divergence Between Price and RSI.
5-Long distance from 50 , 100 and 200 EMA
So for these reasons i think we can go up till drawn trendline...
Most of us will spend about 90% of our time thinking of what to buy and at what price we should get in. In fact, that is only 10% of work done.
Focus on this scenario instead - “After getting into a position, how are we going to manage it with either a calculated loss when market go against us or how should we take profits when market perform better than our...
Can I just say WOW at the rejection at the 200MA ?!? Honestly this is playing out how I would like to see the market.
I recognize a price action candle, the shooting star. The shooting star often occurs when the market is buying and begins to react at some level of resistance. I am identifying my level of resistance as the 200MA.
I would like to see todays...
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
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.
Hello everyone,
learn how to catch the end of wave 4 and trade with the trend.
This corrective wave has made a double bottom on 0.76 fib of the previous impulse movement. The double bottom was achieved with an engulfing candle (entry point). Cut your loss below wave 2 (wave 4 is not supposed to retrace that far), and catch your first profit target at the retest...
hello everyone
i think we reach to 38.2% fibo level and also a trendline.
we see two candlestick patterns too.
one bullish engulfing pattern
and one morning star pattern.
so maybe we could grow to 200MA and then correct again.
if you open a position dont forget too set your SL under this trendline
and early bottom u see in chart.
(!!!NOTE!!!
my posts are just my...
A 'sell' opportunity has presented itself on the swissy-yen trading chart. This follows from the bearish engulfing candlestick pattern just below the 136.210 horizontal resistance level, indicating a rejection of the same level. You can still enter this trade by placing your stop slightly above the said level and setting targets below the level, ensuring a...
Nividia ( NASDAQ:NVDA ) has a bullish engulfing pattern on the 1 HR time frame.
Stop loss is at 183.89 (below the low of the candle that engulfed the smaller candle).
*Please note that this is an intraday trade.
*******This is not financial advice**************This is not financial advice**************This is not financial advice*******
Peace & Prosperity,
Al
Welcome back! Here's an analysis of this pair!
**GBPNZD - We are monitoring GBPNZD for a short in the current New York Session. Bearish engulfing pattern on 4hr. price has pulled back to structure and rejecting. Good luck!
We recommend that you keep this pair on your watchlist and enter when the entry criteria of your strategy is met.
Please support this idea...
