18th
TRADE Scan on 3 brokers at end of DAY / beginning of DAY :: PFD : Switch Markets : MT4 and GO : MT5
PLEASE NOTE : This is MY observation of pairs highlighted by my pinbar and engulfing indicator and not an explanation of any trade - JUST OBSERVATIONS
MY Forex Google Share Folder
https://drive.google.com/drive/folders/1yfcaMi1GbMbSBEdV1G75hQdngFoFDyrh


FROM MY PINBAR and ENGULFING INDICATOR on the three brokers ::


AUDNZD, AUDUSD, CADCHF, CADJPY, EURAUD, EURGBP, EURNZD, EURUSD, GBPNZD, GBPUSD, NZDCAD, NZDCHF, NZDJPY, NZDUSD, USDSGD,




2024.04.18,AUDNZD, outside, high = 1.0919699999999999, low = 1.08469
big red outside indecision candle - rejection of any move away from a significant level – diamond indecision pattern – stalling


2024.04.18,AUDUSD, outside, high = 0.64461, low = 0.63887
green outside candle - rejection move back up to a significant level – reversal railway tracks pattern


2024.04.18,CADCHF, engulfing , high = 0.66162, low = 0.65875
green engulfing indecision candle - rejection of any move away from a significant level – stalling


2024.04.18,CADJPY, engulfing , high = 112.213, low = 111.677
green engulfing indecision type candle - rejection of any move away from a significant level chart high – consolidating pattern – stalling


2024.04.18,EURAUD, pinbar
green pinbar candle - rejection back up to a significant level – stalling


2024.04.18,EURGBP, outside, high = 0.85721, low = 0.85207
big green engulfing indecision candle - move up between two significant levels – up across a condolidation area – ranging


2024.04.18,EURNZD, outside, high = 1.81081, low = 1.79609
big red outside indecision candle - rejection of any move away from a significant level – stalling




2024.04.18,EURUSD, engulfing , high = 1.06796, low = 1.0606
big green body engulfing candle - rejection move up away from a prior level – following two stalling indecision candles at the bottom of a down channel down trend


2024.04.18,GBPNZD, engulfing , high = 2.1195, low = 2.10312
red body engulfing long wicked candle - rejection move down away from a prior high TF level – following a second move up to the level – top of a trend up – forming a double top


2024.04.18,GBPUSD, engulfing , high = 1.24817, low = 1.2417
green body engulfing candle - move up to / at a prior significant level – following two stalling candles at the bottom of a down channel down trend – i did wonder if this was a three drive pattern – but you would have to check this – i am a bit hazy on its structure


2024.04.18,NZDCAD, outside & engulfing , high = 0.81709, low = 0.8102
bigger green outside & engulfing candle - possible stalling at a prior significant level – by rejection move up through the significant level – following a move down and pinbar rejection up – giving a second rejection up – as well as a rejection move back down to this same significant level – all within a big indecision wedge pattern


2024.04.18,NZDCHF, outside & engulfing , high = 0.53916, low = 0.53507
bigger green outside & engulfing candle - rejection up from a prior significant level – rejection move up into a wide consolidation area and range trading area – following a move down to the base of this structure


2024.04.18,NZDJPY, engulfing , high = 91.441, low = 90.664
green engulfing candle - rejection back up into a consolidation area being a smaller section of a wider consolidation area and range trading area


2024.04.18,NZDUSD, outside & engulfing , high = 0.59251, low = 0.58596
bigger green outside & engulfing candle - rejection up from a prior significant level – base of a down channel down trend – possible naked trade up – check for the other conditions


2024.04.18,USDSGD, engulfing , high = 1.36516, low = 1.35982
bigger red body engulfing candle - rejection move down away from a prior significant level – top of an up channel up trend – possible naked trade down – check for the other conditions – note not quite an AB=CD pattern – is there a little more up ???


2024.04.18,USDCNH, engulfing , high = 1.36516, low = 1.35982
red body engulfing candle - rejection move down to a prior significant level – base of a consolidation area atop a prior long up trend – possible naked trade beginning following a pinbar rejection and this red engulfing – however a long delay since the up trend - unclear – check for the other conditions




notes:
WS30 : indecision candle stalling at a level
XAUUSD : indecision wedge
XAGUSD : green pinbar indicating up rejection
UKOil : big move down from a wedging indecision pattern ‘P’ pattern
USOil : big move down from a wedging pattern
crypto : BTCUSD, ETHUSD, small move down
LTCUSD, smallascending wedge
RIPUSD : stalled


GOOD PIPPING



Old Jungle saying : Angry Phantom is fearful to behold.