Engulfing Candle
FSLY- Can it recover? Multi-time frame analysisBoth weekly and daily demand zones look shaky and precarious.
There are still AKAM and NET. Diversify your CDN and edge computing plays.
Daily Chart Bullish Engulfing BarPrice action on the daily chart of this pair has now formed a bullish engulfing bar at a longer term support level.
If you zoom your daily chart out you will be able to see that this support level is a multi-year level going back into last year.
If price can now break the high of the engulfing bar we could look for price to move back higher and into the resistance around 124.97.
We could also then start watching for price to make a potential break of that level out higher.
EURCAD SHORT OPPORTUNITYBearish engulfing candles in a rising wedge suggests a breakout in price downwards on the hourly.
XRP/USD: SHORTGoodmorning traders!
IF this candlestick engulfs and closes under the candlestick I've circled and also under 0.25000 i will enter a sell. Also every time price closed under the green structure price kept falling until it hit another key zone, eventually price will test the support line of the ascending channel. if price heads back up from here it was testing the psychological level 0.25000 and price will just go back to the consolidation zone and continue consolidating.
USDCAD Long opportunity So USDCAD 1-hour candle just closed as a bullish engulfing. Taking into account we just made a stop run to the downside, we are likely to accelerate to the next liqudity pool waiting above at 1.1345. What do you guys think about this trade idea?
AUDUSD - Moving Averages A structure trade that has a buying opportunity as market pullback 50% on Fibonacci Retracement and it that offers target1 to have 1.5:1. The candle was above both moving averages, and the target1 coincide with the area for potential shorting opportunities of both Deep Bearish Gartley Pattern and ABCD Pattern.
Trade engaged with tight stops.
EURJPY daily bearish engulfing and hourly pullback shortEURJPY has a daily bearish engulfing, and it had broken to the downside.
I'll be willing to take this pullback short here.
Let's see how it goes yo!
Engulfing candle at resistance. Use Ford as hedgeThe market is undoubtedly in a raging up trend, therefore, I usually have many long positions open. Sometimes I will short weak stocks to protect my long exposure. NYSE:F seems like an ideal candidate here after that engulfing candle at resistance. Try to get a good risk to reward entry. Stop loss above $7.45, target near $7.10.
NZD-YEN ( DAILY ENGULFIG CANDLE) LONGNow we see on a daily and weekly basis that an ENGULFING candle has struck and is likely to rise near the 4.5-year resistance line and then fall.
NZD-CHF STRONG LONG (DAILY ENGULFING CANDLE)In the daily chart, we have an engulfing candle that was two time bigger than last 3 days ago .The daily stochastic is oversold which is give us to buy signal
we will earn up to 50 pips.
Good luck
NZD- CAD - Strong Long (Daily Engulfing Candle)
If we look at the daily chart, we notice that engulfing candle has occurred that indicates a strong long with more Pips .the Rsi, macd, stoch are moving upwards.
Tp 1 : 0.8877
Tp 2 : 0.8946
good luck,
BTSUSDT Engulfing SignalToday, the potential growth in BTSUSDT price is predicted by tecnical analysis of indicators. Our new automatic Engulfing strategy revealed the local reverse from downtrend to uptrend.
This assumption is also confirmed by the Bollinger Band indicator. The price fell down and broke the lower line and the centraline has a crossover with the price.
The buy level was 0.01908 and we expect a 5% increase from this point which is 0.02002 level. The stop loss is 9.5% which corresponds to 0.01748. The alert was automaticaly executed by SkyRock Signals trading bot
COTIUSDT Engulfing SignalTechnical analysis of indicators reveals COTIUSDT is in the downtrend. According to EMA and SMA (5, 10, 20, 30, 50, 100 and 200) the position is in a decrease phase. We can see there is an upcomming reverse according to Williams Percent Range (14) and Commodity Channel Index (20) indicators.
Our brand new automatic Engulfing intraday strategy detected a reversal of the downtrend. The last candle absorbed drawdown and demonstrated an increasing bullish activity.
The buy level was 0.02981 and we expect a 6% increase from this point which is 0.03159 level. The alert was automaticaly execured by SkyRock Signals trading bot
NZD/CAD - SHORT (Nearly at targets) Lazy-TraderFeel free to message for 1 to 1 training and learn you don't have to be at the charts all day
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BTTUSDT Day trade opportunityHello, Dear subscribers!
Today we present a new BTTUSDT trigger of our automatic Engulfing strategy. The price action of the asset was in a downtrend which is confirmed by a cross of EMA100 over EMA50 at the chart.
The price of BTTUSDT moved down until it met global supportive trend line where engulfing has happened. Bulls pressure increased and currently they are stronger.
As we can see after engulfing was triggered (yellow candle) and we entered a position the next candle went up and currently approaches to our target
ATOMUSDT Engulfing signalTechnical analysis of indicators reveals ATOMUSDT is in the downtrend. According to EMA and SMA (5, 10, 20, 30, 50, 100 and 200) the position is in a decrease phase. We can see there is an upcomming reverse according to Stochastic RSI Fast (3, 3, 14, 14), Williams Percent Range (14) and Momentum (10) indicators.
Our brand new automatic Engulfing intraday strategy detected a reversal of the downtrend. The last candle obsorbed drawdown and demonstrated an increasing bullish activity.
The buy level was 5.124 and we expect a 1.8% increase from this point which is 5.216 level. The alert was automaticaly execured by SkyRock Signals trading bot
Financials in trouble200sma has been a strong resistance since the March drop. The red circles show 4 times trying to get to it.
Placing fibonacci retracement lines shows confluence with a support level (green rectangle from late June --> early July)
The 20sma crossed below the 50sma on September 27th. (Bearish signal trend model)
Also, if we close at the current price, we are getting a bearish engulfing candle.
I would feel comfortable getting in around $22.7, being fundamentally bullish on the sector.
UAL - After Bullish Engulfing close to breakout from wedgeNASDAQ:UAL
After Bullish Engulfing + hammer candle
rsi 14 have a support line in 40 level
volume is bullish
USDJPY-Weekly Market Analysis-Oct20,Wk1USDJPY from the daily chart to the 1-hourly chart is showing a bearish trend in a ranging momentum. At this moment we can see a recent strong bearish candle(red arrow) and a market retracement back to the moving averages and market close with a bearish engulfing candle. Once the market open and at 9pm(+8GMT) I will be waiting for a shorting opportunity.
