Engulfingpattern
USDCAD 15M Long | Engulfing PatternCandle Pattern: engulfing
Trend: up
Trend Entry: with
TP/SL Ratio Target: 1 to 1
Target TP PIPs: 16
SL PIPS: 16
Fib Entry: 1
Fib TP: 2
Stochastic: overbought
Inside EMA/SMA zone: no
BB: top band
Notes:
breaish engulfing to break the recent high, looking for a push to a new high
using stochastic overbought indication as indicator price will push even higher before rolling overbought
NZDUSD 15M Long | Engulfing PatternCandle Pattern: Engulfing
Trend: down
Trend Entry: against
TP/SL Ratio Target: 1 to 1
Target TP PIPs: 10
SL PIPS: 10
Fib Entry: .382
Fib TP: 1.382
Stochastic: oversold
Inside EMA/SMA zone: no
BB: middle band
Notes:
fib down swing to the .764 then showing a bullish engulfing. Stochastic showing oversold at a higher low than previous low.
NZDUSD 15M Long | EngulfingCandle Pattern: Engulfing
Trend: down
Trend Entry: against
TP/SL Ratio Target: 1 to 1
Target TP PIPs: 10
SL PIPS: 10
Fib Entry: na
Fib TP: na
Stochastic: overbaught
Inside EMA/SMA zone: yes
BB: top band
Notes:
lets try doing the opposite
EURUSD 15M Short | Evening Star / Engulfing PatternsCandle Pattern: Evening Star / Engulfing
Trend: up
Trend Entry: Against
TP/SL Ratio Target: 1 to 1
Target TP PIPs: 1
SL PIPS: 10
Fib Entry: 76.4%
Fib TP: 61.8%
Stochastic: overbought
Inside EMA/SMA zone: no
BB: top band
Notes:
evening star / bearish engulfing after several dojis and engulfings prior.
Lets see if this one can give at least 10 pips
USDJPY 15M | Engulfing + 3 White Soldiers LongCandle Pattern: Engulfing + 3 White Soldiers
Trend Location: Bottom end of trend location
TP/SL Ratio Target: 1 to 1
Estimated PIPs: 30
USDCHF 30M | Engulfing LongCandle Pattern: Engulfing
Trend Location: Bottom end of trend location
TP/SL Ratio Target: 1 to 1
Estimated PIPs: 20
Reversal Continuation Candle patternsThese are the "GO" reversal continuation candle patterns I use when I am using the Break-Hook-Go pattern.
CONE: Engulfing bullish patternEngulfing bullish pattern in CONE. Right now the price has actually dropped: perhaps it is a buying opportunity?
FIZZ: Engulfing bullishEngulfing bullish pattern in FIZZ (and a hammer the day before!). Looks very bullish.
MAA: Enguling bullish + double bottomEngulfing bullish pattern and at the same time a double bottom (even though not very nice, but still).
