15 min engulfing, volume profile indicates large order blocks above and below price. I think with the bullish engulfing we will rise through Tokyo session and drop down to the Point of Control (POC Line - Yellow) during the NY session
We can have good option to sell above @372 with Target @360 Disclaimer - This post is only for educational purpose and do not treat it as a trading recommendation.
BUY trigger: If it is open below or around @137 with Target @143 SELL trigger: If it is open above or around @144 with Target @138 NSE:SCI Disclaimer - This post is only for educational purpose and do not treat it as a trading recommendation.
NZDCAD Entry Price 0.85802 Take Profit Price 0.86228
GBPNZD Entry Price 1.90178 Take Profit Price 2.03180
Most of us will spend about 90% of our time thinking of what to buy and at what price we should get in. In fact, that is only 10% of work done. Focus on this scenario instead - “After getting into a position, how are we going to manage it with either a calculated loss when market go against us or how should we take profits when market perform better than our...
Last week i posted about this Potential BAMM and Bear Flag Breakdown on ETH that would take us to the 1.618 Fibonacci Extension if real and now this week it looks like we are confirming the BAMM Trigger Line as Resistance as the Hidden Bearish Divergence Continues on the MACD. We have a Bearish Engulfing on the Monthly and just recently closed the Weekly below...
Stay-tune for the video version shortly, we will do more in-depth study. Micro E-Mini Nasdaq Futures Minimum fluctuation 0.25 point = $0.5 1 point = $2 10 points = $20 100 points = $200 Disclaimer: • What presented here is not a recommendation, please consult your licensed broker. • Our mission is to create lateral thinking skills for every investor and trader,...
NSE:INDUSTOWER You can sell if open@191 with target @187
Took a nice SPY trade today, will be posting another video of all the other trades I took as I made about 5% profit today from my total account balance. Not too bad if you ask me. If you wanna just see why I entered here it is: close above 200 EMA and 50 EMA increasing volume heading into point Also this close was above the 5 min 14 EMA resistance and 14 EMA...
NSE: RBLBANK is closing with a strong bullish engulfing reversal candle. Today's candlestick formation indicates strong demand and stock should move to previous swing highs in the coming days. One can look for a 8% to 11% gain on deployed capital in this swing trade. The view is to be discarded in the event of the stock breaking previous swing low. #NSEindia...
We have a Bullish Engulfing at the PCZ of a Bullish Bat with Bullish Divergence on the MACD and VRSI This is also all happening at the PCZ of a much bigger Bullish Butterfly as seen below but for now i will focus on the current Bat.
Chart pattern formed is bearish Engulfing on daily chart. SL is 629.55 If it breaks low of 602.10 then target on daily chart would be 574.65.
Bearish Indications 1. Trend is Mature Enough 2. Bearish Engulfing 3. Retest Resistance Level 4. Bearish ABCD Pattern 5. Bearish Divergence Bullish Indications 1. Dow Theory Higher Highs and Lows 2. If it breaks the resistance it will continue its rally 3. According to seasonal data silver remains bullish in December
Bullish Indications 1. Higher Highs and Lows 2. Tweezer Bottom and Bullish Engulfing on HL 3. Break 0.5 fib support level 4. Break Upper Resistance Trendline 5. Formation of Bullish Flag 6.12 out of 16 years December remains bullish 7. Trend is not mature enough to make it a reversal Seasonal Data for the Past 15-16 Years Dec-06 => Green Dec-07 => Green Dec-08 =>...
ENRG . D1. Bullish engulfing & bullish divergence. SL 312 TP1 360-370 TP2 404 TP3 502 TP4 552 IDX:ENRG
The current chart pattern show confluence of: -Dow Theory (higher low) -Bullish engulfing pattern -Bounce back from C retracement in ABCD harmonics (0.46 fib retracement level)
With FOMC uncertainty coming up this week, and the indices hitting into near term trendline resistence, some volatility will not be surprising in the next few days. Among the 3 indices, DJI has been the strongest of late. On the monthly timeframe, we can see a few rather bullish signs: 1. a "tweezer bottoms" 2. bullish engulfing candlestick 3. bullish...