WE HAVE BEEN IN A CHANNEL ON EURJPY SINCE THE START OF THIS YEAR, AND IT IS MAKING A PUSH TOWARDS THE 126.00 LEVEL. AS USUAL AFTER A RE-TRACEMENT WE LOOK FOR A FAKE OUT AND WE GO LONG AT THE OPEN OF THE NEXT 4H CANDLE. ALWAYS MANAGE YOU RISK AND ADJUST YOUR VOLUME ACCORDING TO YOUR STOP LOSS AND NEVER RISK UP TO 2% OF YOUR ACCOUNT ON ANY ONE TRADE. NEVER EVER...
My bias. Got my sell entry on the 15 minute. Oversold on the 15 minute chart to the 4H. I may potentially ride this one down to the 1.04090-1.04000 area (Bullish Engulfing Pattern on the 4H). I might buy after the sell is over - but that will be updated in another post and depends on what happens here. *Enter if your please, but always at your own risk. I am...
FANTASTIC SET-UP Decent RR, bagged roughly120 pips. Onto the next!
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.
Just before the market close in the second trading day in the Stock Exchange of Thailand 20181018, the 15 minute graph of an IPO stock SET:OSP showed a bullish pattern of a pin bar and its engulfing neighbor that triggered a possible new uptrend. The pin bar had the body portion less than 25% and the next bar was a full and long up bar. Both bars can be easily...
Hey Traders! Here on the AUD/NZD we have a good opportunity to go Short: DAILY Chart: 1- Consolidation fase 2- Daily Resistance Level Reached 4H Chart: 1- Bearish Engulfing Pattern 2- RSI Divergence GO GREEN!
This pair painted an engulfing bullish bar after touching the support level and is now seemingly looking higher to test the gap area. Buying here with stops below 1.1520 and looking for 1R-2R targets seem reasonable.
EMBR3 gives a bullish Engulfing reversal in week timeframe.
-NZDJPY SHORT term -retest of the Trendline + pattern (Bearish Engulfing) -38,2% Fibonnacci retracement Follow me for Daily analysis !
The QQQ have been on a tear for about a week now. If you we're watching my analysis from 3-4 weeks ago you were aware of the inside bar setup that I was waiting for a bullish breakout of. Although we had a false break down on 5/23, price immediately recovered and the bullish breakout that I had been predicting did ensue. The price action on 5/23 produce a very...
On the chart we can see that an engulfing bearish candle has formed. As a pretty reliable sign of trend reversal/continuation I suggest placing orders with a Bearish sentiment. The zone highlighted in green might be tested next week.
-Description bearish engulfing pattern formed on the daily time frame. inside bar formation also formed. my bias currently is a short swing trade short till price reaches support level
Alaska Air is currently trading at the top of its downtrend channel, a bearish engulfing pattern is currently forming (although we'll need to wait for the close to confirm) and the RSI has already turned down from a high level....
Eurjpy marked an engulfing pattern on a monthly chart, one of the best simple techniques to determine a trade. i suggest to wait for a pullback so that stop loss would be acceptable. shorts may be targeting 118 at first then 113. good luck!!!!
AL: Engulfing bullish pattern (and touching support)