Is The Trade War Between USA and China Back on? Sunday 04/08/2019 The last week’s candlestick for the SPX500 index has ended as a bearish reversal engulfing candlestick pattern. The big red candle of the last week engulfed the previous four weekly candles and closed
Despite The “Ships War” in Strait of Hormuz, USOIL Keep Falling Down Monday 22/07/2019 In the W1 chart on USOIL, the last candlestick ended as a bearish engulfing candlestick which engulfed the three previous bullish candles. We can see how the big red candle on
Monday 01/07/2019 A confluence of Fresh Supply and Fibonacci 61.8% in USD/CHF. Two weeks ago, seen in the W1 chart, the USD/CHF weekly candle had ended as a bearish engulfing pattern. The big red candlestick shows this bearish engulfment. This pattern was a continuation outside
Engulfing Candlestick Pattern With Price Action Analysis For USD/CAD, Monday 10/06/2019. Last week’s candle on USD/CAD has ended with an engulfing candlestick pattern. This weekly candlestick is red from the beginning to the end. After the price compressed vertically and took all the buyer’s orders
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