8th
TRADE Scan on 2 brokers at end of DAY / beginning of DAY :: PFD : 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 two brokers ::


AUDNZD, AUDUSD, CADJPY, EURCHF, GBPAUD, GBPJPY, USDCHF,


2024.02.08,AUDNZD, engulfing , high = 1.07129, low = 1.06625
red body engulfing candle – moved down to a significant level – in the greater trend down


2024.02.08,AUDUSD, Pinbar , high = 0.65403, low = 0.65155
small red pinbar candle – rejected moving up - counter to the prior green body engulfing candle – stalled at a significant level – possible similar to the prior consolidation area being set up to create steps as previously in the greater trend down


2024.02.08,CADJPY, engulfing , high = 110.142, low = 109.537
green body engulfing candle – moved up to a significant level – ascending wedge / consolidation area steps – greater up trend stalled at this level


2024.02.08,EURCHF, outside, high = 0.94241, low = 0.93455
green outside candle – moved up / break up to a significant level - from a curving up base of a consolidation area


2024.02.08,GBPAUD, engulfing , high = 1.9377, low = 1.92821
green body engulfing candle – moved back up to a significant level – consolidation area – greater up trend stalled at this level




2024.02.08,GBPJPY, outside, high = 187.26, low = 186.105
green outside candle – stalled at a level – possible diamond indecision pattern / consolidation area – gentle down trend


2024.02.08,USDCHF, outside & engulfing , high = 0.87534, low = 0.86882
green body engulfing candle – moved back up to a significant level – counter to the prior pinbar – double top – or – up continued break up through a downward trendline a prior series of candles (bull flag) had formed along than downward trendline – pinbar was a possible pull back at a strong level in an up trend – watch for a break out from the level














GOOD PIPPING



Old Jungle saying : The Phantom will never refuse a challenge.