RTN BULLISHIf the price breaks down to the cloud this pattern is no longer valid!!
Info on the chart !!
Engulfing Candle
USDJPY Lookig bearishGood opportunity for short this pair
we see a resistance zone on 108.100
Chart show a bearish engulfing
r/r 1 to 2
AUDCAD trading a double candlestick pattern on a down-channelAUDCAD testing the upper part of the down-channel, with a double candlestick pattern: a tweezers top and a bearish engulfing pattern.
Stop loss and take profit are very tight, since we are trading on the M15 within a very tight channel, so I suggest to check the spread first for your broker and avoid this trade if you have a spread that is over 1 pip.
Price action signalling the bears1. Support level broken
2. Tested as resistance
3. This is also previous resistance area
4. Bearish engulfing bar completed
5. Supported by 8 simple moving average
See the signal on the weekly time frame as well
Shorts are favored with this strategy and stops are best placed above the engulfing bar with targets at least 2x sl value
Don't invest what you can't afford to lose. This is not investment advice. Subjective view/report of a financial product only.
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All information published within this website is purely for educational purposes and offers no guarantees. Profit Fx, Forex Bootcamp and any of its associates cannot be held responsible for any trades that you have executed in any way whatsoever. Please familiarize yourself with the relevant risks involved when trading forex, CFD’s and other products. Any trading is done solely at your own risk. Profit Fx, Forex Bootcamp and any of its associates are in no way employed by any broker or any other legal entity. All information published within this website does not constitute advice, but rather objective information about a financial product and analysis or report of a financial product.
Bullish price action signal1. Price is in an up trend
2. Previous resistance become support
3. Bullish engulfing bar completed
4. Supported by 8 simple moving average
The high of the engulfing bar has to be broken for the trade to be valid. Stops for this strategy is best placed a few pips below the engulfing bar and targets must be at least 2x sl value...
Don't invest what you can't afford to lose. This is not investment advice. Subjective view/report of a financial product only.
You can learn price action trading at no cost. Join my mailing list to receive more information zc.vg
Join me in Forex Bootcamp for live updates using the link below.
DISCLAIMER
All information published within this website is purely for educational purposes and offers no guarantees. Profit Fx, Forex Bootcamp and any of its associates cannot be held responsible for any trades that you have executed in any way whatsoever. Please familiarize yourself with the relevant risks involved when trading forex, CFD’s and other products. Any trading is done solely at your own risk. Profit Fx, Forex Bootcamp and any of its associates are in no way employed by any broker or any other legal entity. All information published within this website does not constitute advice, but rather objective information about a financial product and analysis or report of a financial product.
Shopify - Bullish engulfing or double bottom?The growth>value might make a comeback.
Checking the Nasdaq (QQQ) and how the day ends will be important.
Fibonacci at workAfter reversing on the major support, the market has rallied higher and just hit the fibonacci zone after a pullback.
1. Pullback to fibonacci level
2. Bullish engulfing bar (needs to close as such to confirm)
3. Previous resistance tested as support
4. Moving average at play as well
This is a classic setup using a few factors in confluence. The engulfing bar is to be confirmed and the reward must be at least 2x the risk - stops are best placed where the setup is invalidated (few pips below engulfing bar)
Don't invest what you can't afford to lose. This is not investment advice. Subjective view/report of a financial product only.
You can learn price action trading at no cost. Join my mailing list to receive more information zc.vg
Join me in Forex Bootcamp for live updates using the link below.
DISCLAIMER
All information published within this website is purely for educational purposes and offers no guarantees. Profit Fx, Forex Bootcamp and any of its associates cannot be held responsible for any trades that you have executed in any way whatsoever. Please familiarize yourself with the relevant risks involved when trading forex, CFD’s and other products. Any trading is done solely at your own risk. Profit Fx, Forex Bootcamp and any of its associates are in no way employed by any broker or any other legal entity. All information published within this website does not constitute advice, but rather objective information about a financial product and analysis or report of a financial product.
Bearish engulfing barThere are a few factors in play with this setup. The pin bar striking the moving average on the weekly time frame around resistance indicates a bearish signal from price action:
H4 has a few clear characteristics that is classic of a bearish setup:
1. Bearish engulfing bar
2. Pinning moving average
3. Pinning fibonacci 50% pullback level
When the above is kept in mind after the bullish structure broke down (trend line broken) there are many factors meeting in confluence signalling the bears. For this type of setup the stops are best placed a few pips above the high of the engulfing bar and the target must be at least 2x that of the risk. The initial target can be seen as provisional while the 660 pip mark from the entry point is a likely secondary target.
Don't invest what you can't afford to lose. This is not investment advice. Subjective view/report of a financial product only.
You can learn price action trading at no cost. Join my mailing list to receive more information zc.vg
Join me in Forex Bootcamp for live updates using the link below.
DISCLAIMER
All information published within this website is purely for educational purposes and offers no guarantees. Profit Fx, Forex Bootcamp and any of its associates cannot be held responsible for any trades that you have executed in any way whatsoever. Please familiarize yourself with the relevant risks involved when trading forex, CFD’s and other products. Any trading is done solely at your own risk. Profit Fx, Forex Bootcamp and any of its associates are in no way employed by any broker or any other legal entity. All information published within this website does not constitute advice, but rather objective information about a financial product and analysis or report of a financial product.
EURGBP trading the rejection on the down-channelEURGBP getting again in the upper part of the down-channel, giving us another opportunity to plan our short position.
There is a bearish engulfing pattern right on the top of the channel, so we can enter right now and play with a very good risk to reward ratio.
AUDUSD resistance to hold?AUDUSD just tested a resistance that is formed by the last important swing high. After testing that level, we had a bearish engulfing pattern, sign that sellers are attempting to push the price down.
Interesting battle between buyers, who seemed to be strong with the last up-movement, and sellers, who seem to find convenient the level 0.6808 to place their short positions.
EURAUD bullish engulfing pattern pushing the price up?EURAUD is in a short term pennant and we just had a bullish engulfing pattern at the bottom of it.
With a risk to reward ratio that is better than 1:2, this could be a nice trade to catch!
Engulfing bar on Fibonacci level1. Up trend
2. Pullback to fibonacci level
3. Engulfing bar completed
4. 50 sma pinned (confluence)
This type of setup entails that the stop placement be a few pips below the engulfing bar and the target level must be at least 2x the risk (sl)
Don't invest what you can't afford to lose. This is not investment advice. Subjective view/report of a financial product only.
You can learn price action trading at no cost. Join my mailing list to receive more information zc.vg
Join me in Forex Bootcamp for live updates using the link below.
DISCLAIMER
All information published within this website is purely for educational purposes and offers no guarantees. Profit Fx, Forex Bootcamp and any of its associates cannot be held responsible for any trades that you have executed in any way whatsoever. Please familiarize yourself with the relevant risks involved when trading forex, CFD’s and other products. Any trading is done solely at your own risk. Profit Fx, Forex Bootcamp and any of its associates are in no way employed by any broker or any other legal entity. All information published within this website does not constitute advice, but rather objective information about a financial product and analysis or report of a financial product.
#DNT : Upto 150% Profits For The Mid Term#Accumulatio_Recommendation
Pair : #DNT / #BTC
Trading Platform : #Binance
RSI : 59
TA Notes :
- MACD : Looking bullish on the daily chart.
- RSI : Looking bullish too for the short the short term being in a neutral position form but going to move towards the overbought area in the mean time.
EMA : Already below the price level indicating a good reversal bull trend.
- Volume : Trying to have energy at the current 1D chart by the past 2 days and if it can continue like it is performing right now like almost many altcoins are doing it can be considered as a strong indication for a reversal move.
- Candl Stick formation is also looking very good at the moment continuing the formation of a bullish engulf candle from yesterdays close.
#Accumulation_Zone : 65 sats - 75 sats
Distribution_Zone:
Target 1 : 82 sats
Target 2 : 91 sats
Target 3 : 97 sats
Target 4 : 110 sats
Target 5 : 123 sats
Mid To Longer Term Targets
Target 6 : 141 sats
Target 7 : 151 sats
Target 8 : 163 sats+
STOPLOSS : Close below 56 sats
Risk : High
Capital Accumulation : 3%
@TogetherWeAccumulate
USDCHF Sell IdeaD1 - Price has reached the top of the range.
H4 - Multiple divergences, false breaks and nice engulfing candle pattern.
We may look for possible sells with bearish evidences as long as the top of the daily range holds.
AUDJPY - Engulfing on Supply Level - SELLHello traders,
I found a supply level that was hit last week. The price is currently in a consolidation.
I waited for a confirmation (candle formation) before entering the trade. The confirmation was a engulfing candle on the D1 Chart.
I'm uploading this idea after I actually entered the trade. The SELL trade is still valid. Eventually you can get the same entry with a limit order.
Always remember to trade with proper money management.
I recommend a maximum risk of 2%.
USDCAD Weekly Showing Strong Bearish SignsDollarCad Weekly Formed A Bearish Engulfing CandleStick Formation after breaking out of its long term channel,
USDCAD already retraced back up creating a lower high and now we have this bearish candlestick formation with a counter trend line break.
the daily seems to be a little low already and might retrace, I don't plan getting out since its the beginning of the move from the weekly, what Im planing to do though if it retaraces on the daily I might look to add to my position.
if you not in yet I would say probably the best thing to do is to wait for a pullback, Risk Disclaimer I'm not telling you what to do im just saying what I would do.
I Wish You To Make Lots Of Money
Price action buy signalThis is an awesome setup:
1. Resistance broken
2. Tested as support
3. Bullish engulfing bar
4. Moving average and fibonacci confluence (50%)
Best way to calculate stop is where the setup is deemed invalid and the target must be at least 2x that of the risk.
Don't invest what you can't afford to lose. This is not investment advice. Subjective view/report of a financial product only.
You can learn price action trading at no cost. Join my mailing list to receive more information zc.vg
Join me in Forex Bootcamp for live updates using the link below.
DISCLAIMER
All information published within this website is purely for educational purposes and offers no guarantees. Profit Fx, Forex Bootcamp and any of its associates cannot be held responsible for any trades that you have executed in any way whatsoever. Please familiarize yourself with the relevant risks involved when trading forex, CFD’s and other products. Any trading is done solely at your own risk. Profit Fx, Forex Bootcamp and any of its associates are in no way employed by any broker or any other legal entity. All information published within this website does not constitute advice, but rather objective information about a financial product and analysis or report of a financial product.
DLF | HARAMI CANDELSTICK PATTERN | BUY FOR SHORT TERM (WEEK)HEY FRIENDS, TODAY AS WE CAN SEE THE CLEAR HARAMI PATTERN WAS SEEN AND SO WE MAY SEE SOME BULLS I WITHIN A WEEK.
EURUSD Long counter trendAmazing trading activity today.
I got out of my short on EURUSD with 2R profit as ECB lowered interest rates to be even more negative.
Absolute madness if you ask me, but I will trade it happily, while I buy physical could.
Anyway, right after I was out of the trade EURUSD rallied higher forming a huge engulfing candle.
I will be looking to trade this countertrend entering on the 50% retrace of the candle.
Fundamentally lower interest rates should mean downward pressure on the euro, but then again, it is total madness.
I trade it as I see it. The fundamentals may play out over a longer period.
Date Pair Direction Trade Trend Level Signal Entry
2019-09-12 EURUSD Long Counter Trend Down Static Engulfing retrace
GBPCAD
Breakout from trend.
Large engulfing bull candle.
We'll check for a entry point before market opens.
EURUSD bullish engulfing pattern on a rejection levelEURUSD broke an important level of resistance this morning. The price is testing the same level and buyers reacted forming a strong bullish engulfing pattern right on the previous level of resistance. Easy setup with this trade, with a standard stop loss below the candlestick pattern and take profit above the previous swing high.
Price action short signalI like this setup because the swing low to the left provided a level that gave the bearish engulfing bar significance. This looks like a well positioned short trade set-up given that the moving average is also playing a role in the failure of the bulls to push the market back up.
This type of setup entails that the best position for stops to be above the engulfing bar and moving average where this setup would be deemed invalid.
Targets are calculated at min 2x SL value and/or the next support level
Don't invest what you can't afford to lose. This is not investment advice. Subjective view/report of a financial product only.
You can learn price action trading at no cost. Join my mailing list to receive more information zc.vg
Join me in Forex Bootcamp for live updates using the link below.
DISCLAIMER
All information published within this website is purely for educational purposes and offers no guarantees. Profit Fx, Forex Bootcamp and any of its associates cannot be held responsible for any trades that you have executed in any way whatsoever. Please familiarize yourself with the relevant risks involved when trading forex, CFD’s and other products. Any trading is done solely at your own risk. Profit Fx, Forex Bootcamp and any of its associates are in no way employed by any broker or any other legal entity. All information published within this website does not constitute advice, but rather objective information about a financial product and analysis or report of a financial product.
