SNX, 4h, incredible signals coming from the double bullish engulfing candles on a rounding bottom formation with potential divergences playing out within a potential inv H&S. This piggybacks on a bearish BAT that would aim to resolve first at the neckline and later at overhead Fib Targets. Enjoy!
Let's See How This Plays Out. Need help with your trading!! Feel free to message me I deliver 1 on 1 training if you are interested.
Not the greatest ratio but engulfing's of a key level are hard to ignore. Target would be around 1.3379 level
Yesterday caused great hesitation. Today in many places we see engulfing candles. At USDCAD yesterday completely absorbed the previous decline and closed above it. This is a strong signal that the bulls are currently the stronger participants and we expect them to raise the price further. It is currently under serious resistance from previous levels, but in the...
Trap 2.0 Looking to place 2 Pending orders with risk to reward of 2! Sell Stop @ .86426 Sell Limit @ .86647 Price is below all EMA's Playing of a 4 bar Bearish Engulfing candle & Follows the trend 🤜🏻🤛🏻
Entry Price 1784.185 Target Price 1959.406 Bullish Engulfing Candle
EURUSD is not showing the clearest sign of the market movement, it can swing either direction, if to choose a direction to go, I will choose to short it, the reasons as follows 1) The candlestick forms within the sell zone 2) The daily chart close with a long wick above the candle 3) it is a weak bearish candle close on the 4-hourly chart, but it is still a...
An engulfing pattern occurred and I bought in. I set up a stop loss of 1785 with a selling point of 1869. I think the trend is heading up and decided on a selling point that seemed to have the least resistance. My projection is to sell before the decided sell point if I see downtrends coming and things start looking bearish. I am by no means saying it is...
Look at that beauty
AUDCHF Parallel Channel Technical Chart and Engulfing Candlestick
Looks like a bunch of over-leveraged longs got their a$$es handed to them by the shorts...I said it would happen close to 50K, but I thought we might at least tap that in the next day or so. Be ready with fiat to buy the dip if you have that available, we can go much lower from here based on those candles. Perhaps a CME contract expiry thing going on, not...
Double bearish engulfing on 1H Up trendline tested 5 times with LH on larger timeframes TP 1 at 1900
CFDs on Copper : Target Price 3.6550
Entry at 61.8% Retracement of Bullish Engulfing Bar on the Weekly Chart. If no retracement, enter at 1900.00 Price Level.
Engulfing & Shooting Star reversal candle on rising wedge MACD Divergence + RSI divergence (not shown in chart) Take profit levels and stop loss shown on chart. Tip: set the TP levels a few pips higher. Happy Trading! Share your view
FROM THE TRUE STRENGTH INDICATOR PRICE HAS BEEN ON THE BUY SWING. AT 76.052 AFTER ITS FALL FROM 77.063 PRICE LEVEL TOWARDS 75.846 PRICE ZONE AND THEN TOOK A BOUNCE OFF TO THE 76.592 THEN TOOK A SHORT MOVE TO 75.408 PRICE LEVEL. WHAT TO WATCH OUT FOR AT 76.236 PRICE LEVEL IS A NEW ENGULFING BULLISH PATTERN. VIEW IMAGE FOR MORE.
USDJPY rejected the SUPPORT level and looks to be BULLISH.