Tags » Bearish Engulfing

TSX Composite

In our discussion about warning bars, we did not have a look at the TSX composite index. Though the TSX composite has moved higher generally in sync with the popular U.S. 263 more words

The Big Picture

EURUSD: On the road to 2015 low

Since the start of the year the currency lost in excess of 3.5% and last week fell more than 2.0% plus is in a well-established bearish phase since the early October. 80 more words


NASDAQ 100: Bearish engulfing pattern at 2016 high

Since the beginning of the year the index gained more than 4.5% but last week lost more than 1.0% and also made a phase change, shifting from a bullish to a warning phase. 99 more words


Engulfing patterns

An engulfing candle stick pattern can be either be a bullish or bearish reversal pattern. The pattern is confirmed when a candle stick has ended with the main bodiesĀ openĀ and closing price is above and below the previous candles open and close price. 67 more words