MSFL takes support at 200sma with bullish engulfing pattern
A bullish engulfing pattern, bolstered by the 200-day SMA and heightened trading volume, signals a potential trend reversal.
A Bullish Engulfing Candle is a green candle formed after a red candle. This green candle totally covers the red candle and is bigger than the red candle. In a simpler way, in a bullish engulfing pattern, the red candle appears to be the small shadow of the green candle.
*At times, the 200-day SMA serves as a support level when the price is above the moving average or a resistance level when the price is below it.
Disclaimer- This analysis is solely for educational purposes and does not constitute any recommendation to buy or sell.
A Bullish Engulfing Candle is a green candle formed after a red candle. This green candle totally covers the red candle and is bigger than the red candle. In a simpler way, in a bullish engulfing pattern, the red candle appears to be the small shadow of the green candle.
*At times, the 200-day SMA serves as a support level when the price is above the moving average or a resistance level when the price is below it.
Disclaimer- This analysis is solely for educational purposes and does not constitute any recommendation to buy or sell.
Emir iptal
TRADE CANCELLED as THE ENTRY WAS AT THE HIGH OF THE BREAKOUT CANDLEİşlem aktif
@996
Feragatname
Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, işlem veya diğer türden tavsiye veya tavsiyeler anlamına gelmez ve teşkil etmez. Kullanım Şartları'nda daha fazlasını okuyun.
Feragatname
Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, işlem veya diğer türden tavsiye veya tavsiyeler anlamına gelmez ve teşkil etmez. Kullanım Şartları'nda daha fazlasını okuyun.