According to dow theory market break previous low and change in to bearish and also create a bearish engulfing candle stick
Candle Stick Hammer and 2nd candle bullish engulfing indicate that the Trent is reverse
Price closed with a bullish engulfing candle on Friday. Looking for price to continue bullish after market open. Daily has come back and retested previous highs. Price may gap down at market open before continuing to go higher to take out previous highs. (MarkUps1)
Wipro in 4 Hour Timeframe formed Twizzer top pattern & bearish engulfing. If next candle formed bearish then pattern will be confirmed i.e bearish engulfing and you can set 1:1 target.
I always like to look between the Daily & 12 hour for key levels and enter in on the 4HR / 8Hr /12Hr timeframes for signals.
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.