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Engulfing Candle

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.
BITSTAMP:XRPUSDShort
by lobfxempire
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
BLong
by Skyrexio
4
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
Long
by Skyrexio
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
BLong
by Skyrexio
1
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
Long
by Skyrexio
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.
AMEX:XLF
by dorfmanmaster
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.
AMEX:SPYShort
by d4wn0ff473
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.
Long
by MarketMinds
2