A bullish engulfing candle pattern has formed on JSE:EXX . This is a bottom reversal signal, so we could see a move up to around the R22 level.
Rigtt now the SPX is trading inside a Descending Boradening wedge at a Previous Zone of Weekly Congestion and has Bullishly Engulfed the Weekly lows and held above said lows. So long as we can continue to hold these levels we should eventually see the top of the channel and previous Support/ Resistance level of $420-$425 and (if we are to aim for Full Measured...
• QQQ is doing a Bullish Engulfing today, a reversal candlestick pattern; • This pattern appeared just above the support at $275 (June 30 low); • If QQQ loses this support, it’ll just resume the bear trend, and the next support is the $268; • However, if it confirms this Bullish Engulfing it’ll trigger a technical reversal, which might take it to the $290; • The...
We have an Inverse Head and Shoulders Visible on the Monthly timeframe with triple MACD and RSI Bullish Divergence and a Monthly Bullish Engulfing. I will position now and take profit at the neckline and then again at the previous ATH.
Hello traders! Welcome back to another episode with analyst Aadil1000x. Previously we made big fat mistake in Selling Algo as big bulls are ready to jump in and majority of the coins will fly or they will move at least 25%. BAT is one of the pairs which will move more than 25% within few days. The target of BAT is 0.3794 which will give +25% of the...
There's no reason for bullish bias. The price action shows an engulfing bearish after a pullback to triangle upper trendline, healthy 30% retrace and retest. Supports broken. Price below daily volume point of control -rejected from POC. Expecting lower lows aiming 14.6% as seen on chart. 17K is possible in a next swing downward. Plus hidden bearish sign from...
EURCAD Currency Market. Engulfing Candlestick formed on the Daily Time Frame.
TSTW. Not legal and financial advice; Any information provided here is only the personal opinion of the author.
Hello traders! Welcome back to another episode with Analyst Aadil1000x. Dusk has formed a very strong Bullish pattern and the Bulls are looking to jump in. So we are buying at the bottom. This bullish pattern will give a boost of at least +12%. Stoploss 0.11619(-3.6%) Target 1, 0.12799(+6%) Target 0.13505(+12.1%) Suggested leverage 7x - 20x.
TWTS. Not legal and financial advice; Any information provided here is only the personal opinion of the author.
Expect ETCUSD to increase 260 units.
hello guys eth had formed a QM pattern at daily time frame and in upper time frame (weekly) showed as an engulfing candle so it so perfect for short position, on the other hand, this QM pattern is on flip area and flag on it, but if price break up this area (fl at flip) that i showed as a gray zone, make this crypto currency so bullish and i will update this...
The DXY Dollar Index confirmed a breakout under a near-term rising trendline from August as prices confirmed a Bearish Engulfing candlestick pattern. This might open the door to some weakness in the near-term. But, will the dominant uptrend hold? Keep a close eye on the 50- and 100-day Simple Moving Averages (SMAs). These could reinstate the dominant upside...
We have Bullish Divergence on the Weekly MACD and a Bullish Engulfing of the Previous Week at the 88.6% Retracement. I would like to call this a Shark but we are missing the 1.618 Extension however due to some of the other Bullish Variables i think that i would instead see this as a Bullish Cypher that went a little too deep to the 88.6% rather than the 78.6%...
Today, I am going to speak about my new DAX 40 Bollinger Bands Strategy. I have been testing out a new strategy using the Bollinger bands, fib retracements, and fib extensions on the 4-hour chart for the DAX. I am currently forward testing this strategy and I plan to keep forward testing it until the end of the year so we can see how it fairs in the long run and...
New York market closed today but the German market is possibly in crash mode. Macroeconomic issues are weighing heavily as are energy commodity costs. Will this impact the US markets ? Please offer your opinion
Engulfing Bar Candlestick Pattern Formed On NZDJPY.