EURNZD 4H ShortShort opportunity with EURNZD due to descending trend line coinciding with key level on the 4H chart. Bearish engulf bar can be spotted on the 4H chart on MetaTrader app. Good luck!
Engulfing Candle
structuretwo bullish engulfing candles appears and broke structure, I think price will go further up to the 13900 area
AUDUSD SHORT SET UP-trendline broken
-Emas crossing
-Engulfing candle on the highs
-Broke support, and coming back
Whats the play here?
I see a retest of the previous support now turned resistance, that with the current confluences I see it going at least to the previous lower close, if we look left that seems to be an important zone.
I might take some out of the table and let it ride to the monthly
Retracement and Fake out on 4H Timeframe CHFJPYHello traders, this is a simple trend following and Candlestick trading pattern on CHFJPY which works only on the 4H time frame. After a move up, we have a re-tracement and price returns to test a psychological resistance level which is the only resistance levels i use in my trading. Remember this strategy also works very well with diagonal trend lines, it also works in counter trend, but is best suited for trending pairs in the direction of the trend.
Make sure you respect risk reward criteria and always have a STOP LOSS on all you trades.
Week 9 Trade 1 GA LongReasons for entry:
- Price is currently on a uptrend
- Price has rejected and retested the 61.8 fib
- Possible hammer candlestick forming on the 4hr, weak hammer candlestick already formed on the 2hr
- Strong bullish engulfing on the 30min timeframe
Entry Timeframe:
- 30 min bullish engulfing
- @1.8240
Stop Loss:
@1.8200 (-40pips)
Take Profit:
- Target 1 @1.8400 (+160pips) = Risk/Reward : 1:4.1
- Target 2 @1.8550 (+310pips) = Risk/Reward : 1:7.9
Notes:
-
Week 8 Trade 3 AU ShortReasons for entry:
- Possible 1hr H&S pattern
- Price has rejected 0.7150
- Price is stagnating and showing a loss of momentum
- Possible weak Eveningstar candlestick formation on the 1hr timeframe
Entry Timeframe:
- 15 min bearish engulfing
- @0.7140
Stop Loss:
@0.7155 (-15pips)
Take Profit:
- Target 1 @0.7050 (+90pips) = Risk/Reward : 1:6.2
- Target 2 @0.7000 (+140pips) = Risk/Reward : 1:9.6
Notes:
- Risky trade but good Risk/Reward
But no one's looking! WANBTC double bottom?!Recently Wanchain has fallen out of the Top 100 on CMC, some people may never check page 2...not everyone is as saavy as you! (HINT: This is in our favor)
On the Daily Time-frame for BINANCE:WANBTC there's a huge bullish engulfing candle with massive volume found inside yellow ellipse.
Then we find it retraces back to, holds and bounces from that same close/open...Double Bottom possibility.
This entry looks like a dream come true, but will it make dreams come true?
Stack IT, Flip IT and Reverse IT
CAD looking weak!Analysis
-CADJPY looking bearish after showing signs of reversal. Buyers pushed price up into and past resistance before the previous day's candle close. The next day, sellers stepped in and pushed price all the way down past yesterday's daily candle open.
-The price action resulted in a bearish engulfing setup AT RESISTANCE which is a bearish sign.
-On the 1H time frame, price just broke a bullish trend to the downside and has retraced some pips, possible retesting breakout.
-There is also bearish RSI divergence on the 1H time frame which further eludes to price possibly reversing to the downside.
-The reward/risk seems tight for the setup (given the distance between daily S/R) so I'm waiting for a strong pullback before entering short
Entry, Stops and Targets
-Short Entry: 83.79 (I entered on a pullback after price broke out)
-Stop Loss: 84.275 (Set stop above the high of the daily reversal candle)
-Take Profit: 82.82 (Set targets at a minimum of 1.8 times your stop depending on entry)
= 2R
*Manage your EMOTIONS, manage your RISK, follow your STRATEGY*
SHORT USDCHFUSDCHF
4H
SHORT
2 TEST IMPORTANT RESISTANCE
CONFIRM REVERSAL ZONE BY ENGULFING CANDLE STICK
INTER PRICE ZONE: 1.0070---1.0050
TP: 0.9915
SL: 1.0105
Sell #GBPJPY Bearish Target #141.00As we can see in the graph according to fibonacci retracement we jumped to 0.78% level Now it's time for ball to drop from this position . As we have also seen that main trend in bearish for GJ So, It's gonna hitting to 141.00 Very soon Time frame M30. I have seen a bearish enfulg here.
Get ready to take a handsome profit . follow us .
Thanks
Shortpienso que esta sera una buena entrada en corto ya que tenemos un retesteo en niveles importantes para confirmarse nuestra nueva tendencia a la baja un Rsi divergente en 1H
EurAud Buy on Double bottom ??Reason to Buy
1) Making Higher High Higher Low
2) Double Bottom + Engulfing = potential reversal
