Silver’s been on a nice run recently, benefitting from an easing of concerns towards the trajectory for US economy. But with the move stalling ahead of levels where it's struggled in the past, and with major risk events approaching fast, are we on the cusp of yet another bearish reversal? Silver has rallied 14% from the early August lows It has been...
If I hear "The bottom is in" one more time I'm gonna run my nails down the chalkboard before erasing the rest of Bitty's vaporous LT gains. It's a BEAR MARKET and the carnage isn't over, but bulls never learn and the fundamentals mean nothing to speculative and pleb news craved junkies. 1. Long bottom wicks ENGULF, more times than not. So guess what? More down...
This is my first published chart. I want to embrace my learning journey with forex. No more afraid to read the market as simply as possible. My strategy is to look for Engulf at high TF like H4 or Daily, even weekly. Then find the FTR (Failed to return), and in lower TF M15, I place my order. Place the SL accordingly. Let's enjoy this GU trip to the south.
ECL - Bearish Engulfing on supply zone
IF PRICE BREAKOUT KOTAK PURPLE , TUNGGU PULLBACK DAN ENTRY BUY... TP:1955.000 SL:1886.000
IF PRICE BREAKOUT AT 1899.988 OR PURPLE BOX.. WAIT FOR A PULLBACK AND ENTRY “BUY” At 1899.988 or PURPLE BOX TP : 1955.000 SL: 1886.000
If we look at the daily chart, we notice that engulfing candle has occurred that indicates a strong long with more Pips .the Rsi, macd, stoch are moving upwards. Tp 1 : 0.8877 Tp 2 : 0.8946 good luck,
Reversal Bar + Demand Supply Entry - 0.92447 Tp01 - 0.90544 Tp02 - 0.89307 Sl - 0.93281
EUR/CHF Engulfing and Demand Supply Entry 1.09259 Tp 1.11385 Sl 1.08394
o lmk when you think of this analysis o are the conditions enough evidence to take a trade if buy signal is developed? o what other factors can we add to our analysis to make our conditions more reliable? o #the1%
We are shorting from 1.166 on the sign of engulfing candle on H1 (also confirmed on H4 and on daily for now). Right now it is in this blue zone which looks like short term (this week's) support on the pair. Next move is pretty simple. If the support holds, we should have small retracement to the 1.163-1.164 zone, which gives you nice opportunity to entry Short...