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Bearish Engulfing

BTC/USD WEEKLY SHORT, LONG-TERM.BTC/USD WEEKLY SHORT, LONG-TERM. The bearish engulfing is one of the most important candlesticks patterns. This candlestick pattern consists of two bodies: The first body is smaller than the second one, in other words, the the second body engulfs the previous one. This is how a bearish engulfing bar pattern looks like on your charts, this candlestick pattern gives us valuable information about bulls and bears in the market. In case of a bearish engulfing bar, this pattern tells us that sellers are in control of the market.
BITSTAMP:BTCUSDShort
by alejjuuu
EURAUD - 100pip Short?EURAUD has been moving in an interesting manner of late. If you noticed on the 4 hour, a consolidation around 1.63500 to 1.6300 - with a spike up to 1.6450 and falling back into the 1.6300 - 1.6350 range thus creating a head and shoulders. Daily - We have come into Yearly highs, with a Spike up and a bearish close on the day, forming a shooting star/bearish engulfing, with the next day retracing, however we saw another spike into the highs. Market has failed to break past 1.6350 resistance and another shoting star formed. We ar looking for a break below 1.6300 to confirm the head and shouders formation.
Short
by myronemoyo
forexTrdr BTCUSD - THE BITCOIN BEARISH ENGULFING Morning traders For those of you trading crypto its worth noting that Bitcoin versus US dollar has formed a bearish engulfing on the daily and is forming consecutive lower highs on lower volumes pointing to a break lower. Its no surprise to see that it is in over bought levels on both RSI and stochastic but coupled with collapsing volumes at these resistance levels and now the formation of a bearish engulfing candle pattern on the daily its setting the market back up to retest 6500/6600 support area. As always we try to keep our analysis clean and easy for anyone to be able to follow but should you want to learn more then please do get in touch. Follow us on tradingview under forexTrdr to get our sample ideas free and immediately - its free to setup a profile and the charting tools and software is easier to use than Metatrader and most broker platforms. Good luck trading from the Team at forexTrdr find us on instagram, twitter and Alexa flash briefings
BITSTAMP:BTCUSDShort
by forexTrdr
Bitcoin : Bearish Engulfing Candle- A Correction Coming In.Bitcoin is in a correctional momentum for now and created a bearish engulfing candle stick. A close below the red line will confirm a correction towards the next support first at around 7038 USD and after that 6500 USD. Remember to drop your LIKES and press the FOLLOW button if you are interested by our forecast and be free to DISLIKE the post or right your COMMENT if you not convinced by the forecast. Thank you for your time to read our posts anyways. With Regards. Good Luck. Legal disclaimer: Information on this channel is our team's analyst's "opinion" based on data available at this point in time. These opinions are not recommendations to buy or sell securities/commodities and cryptocurrencies. Trading and investing is a risk and you should not rely on this data to make any financial decisions. You must consult a financial advisory licensed by regulatory agencies in your legal jurisdiction. All information stated here and in our reports don't guarantee any possible profits or losses. Please do consider to do your own due diligence and research when making any kind of a transaction with financial implications. With Regards. TeamTWA. You can give us your feed backs and suggestions on our effort in addition to this your questions here in trading view or in our telegram channel by the same name togetherweaccumulate. With Regards. Team TWA.
BITFINEX:BTCUSDShort
by cryptotalk_et
Double top and bearish engulfing pattern and price in overboughtA good shorting opportunity bearish engulfing pattern formed after wipro announced it's result i have also checked the delivery percentage which was less. if price is decreasing and delivery percentage is less then it indicates very less interest of people to accumulate also price is in overbought region as per RSI indicator. and lastly it looks like a double top has been formed after a uptrend in price which could mean that trend is about to reverse
NSE:WIPROShort
by aakashsawant53
Week 11 Trade 2 EU ShortReasons for entry: - 88.6% fib rejection - 1.1310 Minor psychological level - PA is wicking + bearish engulfing - Price is losing moment and beginning to stagnate - 2hr Doji, possible evening star forming on the 2hr Entry Timeframe: - 1hr bearish engulfing (weak) + 2hr Doji - 1.1305 Stop Loss: @1.1319 (-14pips) Take Profit: Target 1 @1.1225 (+80pips) = Risk/Reward : 1:5.9 Target 2 @1.1200 (+105pips) = Risk/Reward : 1:7.8 Target 3 @1.1150 (+155pips) = Risk/Reward : 1:11.5 Notes : - 2nd attempt at shorting this EU trade
Short
by SyndicateFX
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
by Mankz
Crude Oil Candle PatternWeekly candle on crude oil closed as a bearish engulfing > www.candlesticker.com Definition This pattern is characterized by a large black body engulfing a preceding smaller white body, which appears during an uptrend. The black body does not necessarily engulf the shadows of the white body but totally engulfs the body itself. This is an important top reversal signal. Recognition Criteria 1. The market is characterized by a prevailing uptrend. 2. A white body is formed observed on the first day. 3. The black body that is formed on the second day completely engulfs the white body of the preceding day. Pattern Requirements and Flexibility The length of the first white candlestick is not important. It can even be a Doji. The second one, however, has to be a normal or long black candlestick. Either the body tops or the body bottoms of the two candlesticks may be at the same level, but in any case, the black body of the Bearish Engulfing Pattern should be longer than the previous white body. Trader’s Behavior While the market is characterized by a definite uptrend, lower volume of buying is observed with the occurrence of a white body on the first day. The next day, the market opens at new highs. It looks as if there’s going to be more bullish trading, however the uptrend loses momentum and the bears take the lead during the day. The selling pressure overcomes buying and finally the market closes below the open of the previous day. The uptrend is damaged. Sell/Stop Loss Levels The confirmation level is defined as the last close. Prices should cross below this level for confirmation. The stop loss level is defined as the last high. Following the bearish signal, if prices go up instead of going down, and close or make two consecutive daily highs above the stop loss level, while no bullish pattern is detected, then the stop loss is triggered.
TVC:USOIL
by Joseph_King
NZDUSD Ready for Bearish MomentumBased on timeframe analysis, this a intraday short trade centered around : Break of Structure on the H4, H1 and M15 Test of a strong daily resistance level Bearish engulfing candlesticks showing a change in trend momentum Retest of the break of structure before continuation of new trend I also showed my projected stop loss and take profit areas. Be sure to use proper money management when trading, its the most important part. Happy Trading. - Delroy
Short
by xXxD3LCOxXx