Following the big bearish engulfing candle, price is in a period of consolidation testing the resistance level at 119.825. The level seems to be holding and I expect the price to continue to the downside all the way into previous lows. If you want to be extra safe, enter short once price breaks below 119.58 level.
IRWD looks just starting to bounce RSI Bullish crossover Bullish Engulfing on huge volume at long term support. Stop loss below today's low.
We have a nice Breakout at Daily Level, pullback with Hammer at Support in H4 + bullish engulfing H1 + doble bottom M15! Multi-Timeframe confirmation! Very nice Long opportunity!
The pair has made Gartley pattern that confirmed by engulfing candle & RD- at PRZ
We have an engulfing bearish candle on 4h chart on daily support and resistance zone. ~70% chance of going down. FIrst target to the last price action zone Keep the second trade as long as you get englufing bullish on 4h chart
We broke the previous resistance zone and now it becomes support. It can come back to retest the zone, so stops should be below that zone. Fist target - 1:1 risk reward, or the resistance zone 1,52370 which gives risk reward 2:1 Once first target taken the stop of second trade goes to break-even and we keep the movement as far as it goes until we get an...
The EUR/USD has formed a Bearish Gartley on the 4-hr. chart. Also, there is a Bearish Engulfing candlestick pattern present. See chart for more information and pattern data. Happy Trading! Note: Please remember to use good money management (risk management) when you are trading. There are whole books dedicated to risk management (position sizing...). ...
as shown on chart second engulfing long entry could be confirmed if close is above 1.44318.
Break Descending Wedge, Bullish Engulfing Confirmation, Major Trend Up. Low IV suitable for buy call,Bounce on Fibs 61.8
Add Long position, If the weekly bar close above 2069 end of this week. It could be Bullish Engulfing with the rejection of EMA 10 and 20.
Long term trend is bullish, major trend bullish, bullish divergence, break descending wedge
Bullish Engulfing,stochastic channel up,ascending triangle,Primary Trend Sideways, Intermediate bearish, Minor Bullish Low volatility suitable for CS
Spinning Top & Shooting Star on Weekly chart. Bearish Engulfing candlestick on Daily chart. Bearish Gartley pattern on Daily chart. Manage your risk. Note: The last candle on this weekly chart will not Complete until end of trading day tomorrow (Friday, Feb. 27th). This pair is very volatile. Happy Trading. 02/27/2015 3:10 P.M. EST Update: Unless there is...
It's a good bullish trade right now as the chart has recently bounced off of support with a double bottom and bullish engulfing candlestick. The Aroon lines are currently bullish with the green line above the red line.
Zuoan Fashion recently reported Q3 2014 results which met guidance forecasts. CEO James Jinshan Hong is responding to the currently challenging market conditions by leading increased sales and marketing efforts, fair pricing, simplifying supply chain structure, and innovating a new online to offline (OTO) business program. The chart has responded positively with...
1. Bullish Engulfing+Bullish Divergence 2. Bounce on Fibs 61.8 3. Primary Trend Sideways 4. Intermediate : Bullish, Minor Bearish
price is pulling back into nice structure level which would be a good opportunity to get long. Buyers are clearly defending this level as they dont want price to drop into the area where Canada cut interest rates. I.ll be watching for a buy signal at this level eg bullish hammer or engulfling pattern. My long term target is still at 1.30 but i.ll be targeting...