Bullish Engulfing

Koru up over next few weeks Price rebounded at support with a long wick at around $12 in conjunction with trendline from Sep 2025 and followed by a bullish engulfing. Koru long over the next few weeks if this floor continues to hold.

by IncogNito721

BRUN: Golden Pocket Rebound or More Pain Ahead?Another chart. Another story. BRUN has delivered an impressive rally from around $10 to a high near $42, rewarding trend followers with a massive move. As expected after such an explosive run, the stock entered a healthy correction phase. The interesting part? That correction has now reached a high-confluence support zone. 📖 The Story After the rally, BRUN has retraced into the Fibonacci Golden Pocket (0.5–0.618), with the 0.618 level near $22.5 aligning almost perfectly with horizontal supp

Canadian Dollar Stuck Between Tariffs and Oil USD/CAD traded with a firmer tone on Tuesday as the Canadian Dollar remained under pressure from the latest U.S. tariff escalation. The U.S. imposed a 50% tariff on a range of Canadian goods tied to disputes over cars, alcohol, and dairy, which immediately complicates Canada’s trade outlook. Normally, elevated oil prices would give the Canadian Dollar a cleaner tailwind, but tariff risk and weaker domestic momentum are making that support less powerful. For the BOC, the rate path remains a ho

M&M Bullish Engulfing Candlestick Pattern Mahindra & Mahindra Swing Setup: Bullish Reversal Pattern Challenges Negative Production Narrative ________________________________________ Mahindra & Mahindra Ltd. (NSE: M&M) Technical Research Report | Daily Timeframe Current Price: ₹3,001.00 (+1.64%) Volume: 3.18 Million Shares Pattern: Bullish Engulfing Pattern Reliability: 79.0% Trend Status: Weakening Downtrend Setup Classification: Multi-Day Swing Setup ________________________________________ 1. Fundamental Disconnect vs. Structural Sh

by simpletradewithpatience

RELIANCE – Technical & Educational Snapshot 📊 RELIANCE – Technical & Educational Snapshot Ticker: NSE: RELIANCE Sector: ⛽ Energy / Conglomerate CMP: 1,359.70 ▲ (+2.80% | 20 May 2026) Learning Rating: ⭐⭐⭐⭐☆ (Recovery Attempt Inside Broader Range Structure) Chart Pattern Observed: 📊 Corrective Pullback → Stabilisation → Recovery Bounce Candlestick Pattern Observed: Bullish Engulfing 📊 Technical Snapshot RELIANCE is showing an early-stage recovery attempt after facing sustained corrective pressure near higher supply zones. Recent price acti

by simpletradewithpatience

ABB – Technical & Educational Snapshot 📊 ABB – Technical & Educational Snapshot Ticker: NSE: ABB Sector: ⚙️ Industrial Automation / Engineering CMP: 6,605.00 ▲ (+4.36% | 20 May 2026) Learning Rating: ⭐⭐⭐⭐☆ (Recovery Momentum Near Resistance Zone) Chart Pattern Observed: 📊 Pullback → Stabilisation → Recovery Attempt Candlestick Pattern Observed: Bullish Engulfing 📊 Technical Snapshot ABB is showing a recovery attempt after witnessing corrective pressure from higher supply zones, with recent price action indicating renewed buying inte

by simpletradewithpatience

KRN – Momentum Expansion Near Resistance with Bullish Engulfing 📊 KRN Heat Exchanger Ltd – STWP Equity Snapshot Ticker: NSE: KRN Sector: Industrial / Engineering CMP: 1,284 ▲ (+6.82%) Learning Rating: ⭐⭐⭐⭐☆ (Momentum Expansion Near Resistance) Chart Pattern Observed: Strong Impulse Move → Short-Term Consolidation Candlestick Context: Bullish Engulfing with Follow-through Strength 🔑 Key Levels – Daily Timeframe Support Areas: 1,217 | 1,151 | 1,112 Resistance Areas: 1,322 | 1,361 | 1,427 These are zones where price has paused or reacted earlier. 📊 Volume An

by simpletradewithpatience

2 opposite Strong Candles strategy Here a BreakOut tried to happen on the 30m TimeFrame, but the sellers pushed the price back down. When there was a big Bullish candle at the RESISTANCE breaking out followed by a similar size Strong Bearish candle that brought the price back down, this is the Entry. As you can see here we got so far a 1:1 RR.

by SETLifeTrading

BALKRISIND – STWP Equity Snapshot 📊 BALKRISIND – STWP Equity Snapshot Ticker: NSE: BALKRISIND Sector: Specialty Tyres / Industrial Manufacturing CMP: 2,280.20 ▲ (+4.81%) Learning Rating: ⭐⭐⭐☆☆ (Reaction From Weak Structure) Chart Pattern Observed: Reaction Candle After Sustained Downtrend Candlestick Context: Bullish Engulfing Near Short-Term Support Balkrishna Industries has recently witnessed a sustained corrective phase after earlier attempts to hold higher levels. The broader structure still reflects a sequence of lower hi

by simpletradewithpatience

SRF – STWP Equity Snapshot 📊 SRF – STWP Equity Snapshot Ticker: NSE: SRF Sector: Specialty Chemicals / Industrial Materials CMP: 2,626.30 ▲ (+5.53% | 12 Mar 2026) Learning Rating: ⭐⭐⭐⭐⭐ (High-Conviction Recovery Attempt) Chart Pattern Observed: Bullish Engulfing After Downtrend Candlestick Context: Strong Bullish Expansion Candle with Exceptional Participation SRF has been trading under corrective pressure for several weeks, forming a sequence of lower highs and lower lows that defined the broader downtrend structure. Th

by simpletradewithpatience

Bullish Engulfing Pattern — The Psychology of Reversal Bullish Engulfing Pattern Hello everyone! Today, we're diving into one of the most powerful reversal patterns in technical analysis — the Bullish Engulfing pattern. It's not just a combination of two candles; it reflects the psychological state of the market and the moment when the balance of power shifts from sellers to buyers. ➡️ What Does It Look Like? This is a two-candlestick pattern: First Candle — Bearish (Red/Black): Reflects the temporary dominance of sellers, continuing the downwar

by Indicator_Tony

SOLARINDS – STWP Equity Snapshot 📊 SOLARINDS – STWP Equity Snapshot Ticker: NSE: SOLARINDS Sector: Industrial Explosives / Defence Manufacturing CMP: 13,989.00 ▲ (+3.59% | 03 Mar 2026) Learning Rating: ⭐⭐⭐⭐☆ (Range Compression Near Upper Band) Chart Pattern Observed: Bullish Engulfing Within Broad Consolidation Candlestick Context: Strong Bullish Expansion Candle with Rising Participation SOLARINDS continues to trade within a broad consolidation structure after reacting from the strong demand zone near 11,600–11,800. The recen

by simpletradewithpatience

DIXON – STWP Equity Snapshot 📊 DIXON – STWP Equity Snapshot Ticker: NSE: DIXON Sector: Electronics Manufacturing Services CMP: 10,528.00 ▲ (+4.07% | 27 Feb 2026) Learning Rating: ⭐⭐⭐⭐☆ (Reversal Attempt Within Broader Downtrend) Chart Pattern Observed: Double Bottom with Bullish Engulfing Near Support Candlestick Context: Strong Bullish Expansion Candle with High Participation DIXON has been in a sustained corrective decline, forming a clear sequence of lower highs and lower lows over the past several months. The recent pr

by simpletradewithpatience

$GOLD Weekly Close ATH TVC:GOLD has its highest Weekly Close ever with a bullish engulfing candle. Look at how perfectly it rides the 9WEMA. Ya'll better pray it doesn't do the same next week or risk gets annihilated.

$SOL Bullish Engulfing Weekly Close Solana is looking good here 👍🏽 Reclaimed the 50WMA and closed above the 50% Gann Level. Note the Bullish Engulfing candle for the Weekly Close. However CRYPTOCAP:SOL Still trading within the DANGER ZONE ⚠️ Need these next couple weeks to close outside of this POI. You can see the Liberation Day lower trendline still remains intact for support and we had the Bullish Cross a few weeks ago on the 20 / 50 WMA 🤓

Salik Stock Reversal Alert-A Hidden Gem in Dubai’s Stock Market!Hello Traders! Today’s analysis is on Salik Company PJSC (DFM), one of Dubai’s most watched stocks. UAE markets are full of hidden opportunities, and this chart highlights one of them. After forming a strong Rectangle Pattern for months, the stock finally gave a clean Breakout , followed by a Bullish Engulfing retest candle , a classic sign of buyers returning with strength. Why this setup is special? Rectangle pattern breakout after long consolidation shows trend resumption potential.

by TraderRahulPal

Bullish Monthly Candle Expected?4210 Analysis Closed at 178 (24-06-2025) Monthly Closing above 173.20 would be a very +ve Sign. Crossing & Sustaining 181 on Weekly Basis, may result in further upside towards 200 - 205. However, it should not break 136 now; else we may witness further selling pressure towards 110 - 111.

by House-of-Technicals

CMG - Bullish Engulfing off 200 SMA & Support Zone？(Weekly chart) NYSE: CMG price action went through a series of flush downs into multiple support levels, where market makers likely cleared out stop-losses. At that zone, price formed a bullish engulfing pattern, signaling a potential attempt to rebound and regain momentum. Price action highlights: 1) Flush down into the previous high level (resistance turned support). 2) Confluence with the 200 SMA on the weekly chart – a strong long-term support line. 3) Extension through the lower Bollinger

by qhinvestment

Solana Summer Kick-Start Lunar Mission CRYPTOCAP:SOL IS REPRICING. Gimme a Weekly Close above this POI and it’s gonna rip your mother’s face off. Bullish Engulfing Candle kicked off the 3D run with a close above the 50% Gann. Riding well above the DMA9. RSI has plenty of gas left in the tank. You've been warned.

Japanese Candlestick Cheat Sheet – Part Two- 2 candle patterns Two-Candle Patterns That Signal Shifts in Sentiment Single candles whisper… But two candles talk to each other — and when they do, they often reveal the first signs of a reversal or continuation. In this second part of the series, we go deeper. From engulfings to haramis, tweezer tops to piercing lines — these patterns don’t just look good on charts… they capture the psychological tug-of-war between buyers and sellers. Price doesn’t lie. And two candles in a row can say: “Something just ch

$BTC Bullish Engulfing Weekly Close CRYPTOCAP:BTC closes the Week with a Big Bullish Engulfing candle back within the POI. Should retest ATH soon.

$SOL Bullish Engulfing On Weekly CRYPTOCAP:SOL closes the week with a Bullish Engulfing candle. 50WMA at $170 next target to smash.

Bitcoin Forecast: May 2025 Outlook May 2025 has marked a strong upward trend for Bitcoin, with the leading cryptocurrency steadily trading in the $100,000–$105,000 range and hitting multi-month highs. This growth has been largely fueled by active accumulation from institutional investors, including exchange-traded funds (ETFs), reinforcing Bitcoin’s growing integration into the traditional financial system. Institutional Demand as a Key Driver A major factor behind Bitcoin’s recent surge is the increasing flow of capital from

$SOL Bullish Engulfing Candle on Weekly Close Big Bullish Engulfing candle for Solana on the weekly close. Needs to breakthrough EMA9 and claim as support. If not, we could see an inverse head and shoulders reversal pattern formed ~$112 before the next leg up.