Buy XAUUSD (1H)in 1H chart :
Support Zone at 1285
Oversold in RSI indicator
Divergence in RSI indicator
Engulfing candle stick pattern
> Buy
Entry : 1286.5
-Stop : 1283.8 (27 pips)
-TP1- : 1289.5 (30 pips)
-TP2- : 1295.0 (85 pips)
Engulfing Candle
Buy EURUSD (Daily Candle)in Daily chart :
Bullish Engulfing candle stick pattern
> Buy
Entry : 1.1244 (50% of Monday candle)
Stop : 1.1200 (44 pips)
TP1 : 1.1350 (106 pips)
TP2 : 1.1444 (200 pips)
Sell USDCAD (Daily Candle)in Daily chart :
Bearish Engulfing candle stick pattern
> Sell
Entry : 1.3345 (50% of Monday candle)
Stop : 1.3400 (55 pips)
TP1 : 1.3200 (145 pips)
TP2 : 1.3080 (265 pips)
RIGL-SHORTTwo big red candles, double top = selling pressure to the upside, is everyone out yet that wants to be out? that is the question. Short here with 1 ATR stop and a 20% target to the down side.
USDCHF Trade IdeaThe trend is currently bullish so I am looking for buying opportunities
Using the 21 MA I spotted a bullish engulfing candle pattern just completed
Buying @ market price 1.00008 with
Sl below the candle pattern @ 0.99737 and
Tp higher up around resistance @ 1.00568
Always exercise good risk management
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Short AUDUSDWe are short AUDUSD and see a bearish engulfing pattern identified by the candlesticks with black arrows, however there could be a potential counter attack if the resistance level of 0.713 is breached. However we expect the downtrend to continue despite better than forecast Australian retail sales (0.8% actual vs 0.3% expected). This is because the RBA don't appear to be inclined to raise rates in the near term having held having held the cash rate to 1.5% on the 02.04.19. Strong US data starting with today's non farm payrolls and unemployment rate could lead to further downside for AUDUSD.
MYGN - SHORTIn at $33.29. 1 ATR stop in place. Target = 20% Bearish engulfing. Biotech sector bearish.
cadnzd bullish move.on the cadnzd pair, I see bullish potential from support zone + falling wedge pattern. Price reacted very well from support with an engulfing bar and has retested newly formed support zone. Looks like potential inverse H&S but can't be too sure on that.
Price has also reacted very well off newly support zone.
Dax (Germany Index) Short on Structure Break ??Reason to Sell
1) 11700 - 11900 = resistance area
2) Counter-trendline broken
3) Engulfing candle
