OANDA:GBPUSD GBPUSD Broke out of a strong support level aggressively without any retest. My anticipation for next week is for GBPUSD to retrace to a key level of resistance of the 1H and form a new lower high, a bearish engulfing pattern will be confirmation to go short
We are looking at a 78.6% Retracement and a D1 Bearish Engulfing Candle formation. Target 135.000.
OANDA:NAS100USD Nasdaq has broken it bullish move. The head and shoulder pattern was an indication of trend changing to bearish and the pattern proved to be bearish. Currently awaiting on a retest at key support turned into resistance. A bearish engulfing pattern will be a confirmation to go short on Nasdaq.
OANDA:GBPJPY GBPJPY broke bullish structure, I am currently anticipating a retest at support turned into resistance to go bearish on GBPJPY
GBPUSD is in a bearish trend, looking to go short at key resistance level potentially retracing at 61.8% and a bearish engulfing candle as confirmation to enter
OANDA:GBPJPY GBPJPY broke bullish structure on the 4H timeframe and made a retest with a bearish engulfing candle as a confirmation to enter
Bitcoin forming a bearish engulfing pattern in H4 timeframe in the good zone to short into this chartist pattern (bearish channel perspective) Trade Info: 1) Entry: $24,050 USD (sell order limit) 2) Stop Loss: $25, 230 USD 3) Take Profit: $21,000 USD 4) Risk/Benefit: 1:2 I hope that this analysis support you to short Bitcoin
Usually take entries from 1 H chart although this setup was clearer to me on the 4H with the engulfing pattern at key resistance. Used a 50% limit order entry to get a better chance at 2:1 and above risk reward. FX:NZDUSD
We have a confirmed Bullish 3 Line Strike on the Weekly as seen below as well as an Unconfirmed Bearish Engulfing on the Monthly i believe the Confirmed Weekly Bearish Pattern has given us a Potential Entry to try to catch the Monthly BAMM Move a bit early and if it plays out we will see the bottom of the overall range again which is near the .886 retrace.
OANDA:AUDUSD AUDUSD broke out of the key level of support,made a retest at 38.2%, made a bearish engulfing candle These confluences give a good bearish setup
Expect price to decrease for CADJPY currency. Price closed below the trend line and retested trend line with a bearish engulfing candlestick.
Not actually looking to trade this but just an idea/call out so to speak this is where I would look to go short here and would place a sell limit, also taking into consideration the fundamentals at play with BOE and Yen too. But we'll see. again this isn't a trade i am taking just calling out something i am seeing and working on maybe taking these set ups one day...
Hello guys, Based on the chart, the main trend is bearish and there is a strong bearish candle which shows the strong rejection of price from a resistance area. So based on this scenario, opening sell positions at this area would be a good choice. Note: This post will be update base on market reaction. ✅✅ If you found our analysis useful, please Like and Subscribe...
OANDA:GBPUSD GBPUSD broke out of a counter trend and also broke a key level of support, waiting for a possible retest to go short on GBPUSD
We have a MACD bearish crossing up here after testing the PCZ a few times and getting rejected.
OANDA:AUDUSD Expecting a bearish movement on AUDUSD with price breaking structure on the 1H. On the DAILY and WEEKLY timeframes a long wick(shooting star candlestick) formed on a major/key level of resistance. Price also broke support and is making a retest
Happy Weekend Everyone. I put together a custom FANG Plus index to track the overall strength of the popular large cap growth stocks as these stocks have been the most widely held stocks for the past several years. This particular chart is a weekly candle chart using Fibonacci retracement levels taking the previous low from the past calendar year to the last...
OANDA:GBPUSD GBPUSD broke support and made a retest at 61.8% fib prz. It further made a bearish engulfing candle on the lower timeframes and the EMA and SMA crosses gave extra confirmation for a sell setup.