Tags » Bearish Engulfing

NZDCAD Sell Position 7-27-2015

Hey Traders!!

I’ve added a second position to my current NZDCAD sell position. The first position was based on a bearish engulfing pattern testing and rejecting the daily falling window, confirming it as resistance. 66 more words

FX Posts

( trade in progress) week24 Natural Gas D1 bearish day engulfing day short

D1

trading off a d1 pivot. More of a bounce play. looking to TP at the next d1 pivot support.

Selling EURGBP 6-10-2015 >>CLOSED<<

Hey Traders!!

I’ve decided to close these 2 positions, as price has reached the .7200 psych level. My first position was +121.1 pips and the second was +68.8 pips. 260 more words

FX Posts

( in progress) week16 EURAUD power plunge pending

w1 

This is a major big pattern in play. There is a huge hns in progress

d1

At each of the resistance confluence , price proves the analysis correct with a violent turn. 49 more words

( 1st pos +120 , 2 pos in progress) week11 NZDJPY big A trade with classic Double Top neckline retrace

Had been waiting for this trade for a long time with big picture planning.

D1

this is classic neckline retest of a Double Top. If price should print a right shoulder, then it will be the highest probability retest via a hns. 30 more words

Bearish Engulfing on Nifty Chart

Bearish Engulfing formation on Nifty chart. Short nifty Fut CMP 8952. For the target 8800. SL 9020.

Nifty

EURUSD: Bearish engulfing at a daily resistance

Yesterday, better-than-expected US home sales figures pushed the EURUSD pair into a downward spiral breaking below the daily resistance zone.

Today on the economic calendar we have from the US the consumer price index in September that is expected to fall from 1.7% to 1.6% reflecting that inflation is not increasing and the FED may not raise the interest rates any time soon. 55 more words

Analysis