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
Engulfing Candle
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
become a lazy-trader.
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.
SPY - This month setting up for a bearish engulfing candleA bearish engulfing candle is being created this month. Wait till end of month for confirmation. If this fails we could go higher and break the 358 level. That said, the fall is here and coronavirus cases are rising my outlook is bearish.
Bullish engulfing Candle on Weekly time chart The Price has break consolidation area on weekly time chart, one final touch to the upper line of the Rectangle then the price may fly away.
GBPNZD: 4h''SELL MARKET ORDER''
Why sell?
Bearish crab
RSI-bearish hidden divergence
Bearish engulfing
Good luck to everyone trading NZD!
LONG MKR. - Sector Rotation / Important Defi proj.LONG MKR. - Sector Rotation / Important Defi proj.
LINK- Massive distribution nears the endAfter the massive distribution and deep correction ended at fib 61.8 and EMA 200, it seems that LINK's buying pressure has returned.
I expect another re-test in the demand zone after the price reaches the supply zone because BTC is still short-term to mid-term bearish.
Bearish engulfing on monthly candles on spyI'm not giving investment advice just noting what I am seeing.
I don't think people do enough really long term looks at the possibility of where an index is going. This bearish engulfing candle on monthly candles is a bad sign. Yes we are not done with september yet but this candle is pointing to long term decline . Even if in the last week of the month there is a rally that brings this up it will leave us with a dark cloud cover or a hanging man candle. All of which are indicators of an incoming correction and price decline.
Bullish Engulfing on important Support levelHello, traders.
The bullish engulfing pattern is a two-candle reversal pattern. The second candle completely ‘engulfs’ the real body of the first one, without regard to the length of the tail shadows. The Bullish Engulfing pattern appears in a downtrend and is a combination of one dark candle followed by a larger hollow candle. On the second day of the pattern, price opens lower than the previous low, yet buying pressure pushes the price up to a higher level than the previous high, culminating in an obvious win for the buyers.
Best regards.
NZDUSD - Bearish Bat checkbackThe bearish engulfing candle gives a strong indication of a bearish run on this trade. I'm waiting for a retest back to 0.6777 to engage the trade on the 1-hourly timeframe as a counter-trend trade.
Whats happening with LINK? (Update)I made a chart yesterday to predict the price of LINK. As what I thought, the price remains bearish. Candlesticks pattern was bearish with 2 bearish engulfing candles right after each other.
My tip is: Never buy in because you think it's very low right now. There will be 100's of opportunities for you to trade in. Just wait and keep a close watch on the coins you want to trade.
Have a great day everybody!
AUDUSD - Bearish Gartley PatternA Bearish Gartley Pattern setup for a shorting opportunity, a bearish engulfing candle or both oscillators have to be in the overbought position and hook down before I'll engage the trade.
In normal cases, I won't be even looking at this setup, but as some of you may know I'm very sceptical on Australia Dollar and see that a strong bearish move is lurking in the shadow waiting to happen.
With all crashes, I expect an extreme bullish move to happen before it does and the bullish movement might have ended. If not this setup it will be after the next bull run.
GBP/CHF presenta vela envolvente alcistaEl análisis oriental, o análisis de velas japonesas, como comúnmente se le conoce, puede resultar ser bastante ineficiente por sí solo.
No obstante, cuando este es puesto en conjunto con el análisis occidental (indicadores y acciones de precios), y en niveles con alto nivel contextual (extensiones alcistas / bajistas), puede resultar ser una herramienta bastante efectiva.
Si bien las velas envolventes pueden presentarse comúnmente, cuando estas se ubican en niveles de importancia, tales como un claro nivel de soporte, estas pueden ser excelentes patrones a operar.
En el caso de la libra esterlina frente al franco suizo (GBP/CHF), la vela envolvente se está presentando en torno a los mínimos de junio.
Por consiguiente, esto es un indicio de que los compradores han despertado y podrían llevar la acción de precios al alza.
No obstante, como en todo, hay que buscar una activación del patrón y su correspondiente invalidación en caso de que la perspectiva sea errónea. Después de todo, no existe análisis que sea perfecto y siempre debemos de tener en cuenta el punto en el que el perfil ha sido erróneo.
En este escenario, una operativa por encima del máximo de la vela inicial del patrón (1.17) será una activación ideal, mientras que nuestro umbral de invalidación por debajo del mínimo de la misma vela será el punto ideal (1.16).
Support Holds With BUEBYesterday we discussed this market and the critical support level price was looking to test on the 4 hour chart. We also discussed the recent higher lows price had been forming.
As the 4 hour chart shows; price has now formed a large bullish engulfing bar at this area and moved back higher.
The recent swing high resistance now comes back into play and is the next major watch for this pair.
ThANKS FOR YOUR LIKE AND SUPOORT....
Silver (XAG/USD) Pieces Through Trend Line - Upside AheadHello Fellow Trader!
Silver (XAG/USD) Pieces Through Trend Line
4 Hour Time Frame: Strong bullish Engulfing pattern at key Fibonacci level and price.
A simple way to find support and resistance in Silver is to plot price intervals of $XX.50 as seen in the labelled examples, and watch and back test price behaviour at these levels for opportunities or clusters with Fibonacci levels or moving averages.
Silver has yet to break its All Time High price while Gold has achieved this milestone.
Caution: Job numbers in the US were better and expected on Friday, but trade balance figures were poor. How the market interprets the data VS the safe havens in Gold and Silver will be evident in the next week.
Key Points:
- Price to reclaim 50 EMA
- 4 Hour - Bullish Engulfing Pattern
- 4 Hour – RSI Range Break
- Price holding Fibonacci 78.6% retracement level
- Crosses trend line
- 1 Hour - RSI range break
Key Levels:
Support – 26.50, 26.40
Resistance – 50 EMA, 200 EMA, 27.50, 28.50, 29.00
Entry Zone:
Optimal entry provides the greatest reward to risk ratio while supporting entry is a zone for reversal signals.
Optimal Entry –26.65
Supporting Entry – 26.90
Candle Reversals for entry
- 4 Hour Bullish Engulfing
- Look for 1 Hour candle reversals for stronger execution
The Risk:
As traders, it is your job to mitigate the risk and only trade structures that provide high probability and great reward to risk ratios.
If you are not comfortable with defined exit levels, experiment with Moving Averages to help set solid exit rules to protect your capital.
IF: Price breaks below 26.40 – this would suggest the structure is not in our favour and would be wise to reduce exposure or close the trade until a solid signal gives us reasons to re-enter.
Reward / Reward Targets:
Optimal Entry 26.65 – Target 1 28.50 = 3.6x Reward to Risk
Optimal Entry 26.65 – Target 2 29.90 = 6x Reward to Risk
Supporting Entry 26.90– Target 1 28.50 = 2x Reward to Risk
Supporting Entry 26.90– Target 2 29.90 = 3.8x Reward to Risk
