Posts tagged 'Bearish Engulfing'

The market was unable to build upon Monday’s demand. Instead selling interest returned to Gilts Tuesday and a 4th down day from the last 5 resulted with prices retesting the 13 day moving average.The failure to break that point introduces a strong note of caution into analysis. But price action formed a Bearish Engulfing pattern on... read more

There aren’t many analysts out there that don’t now use candlestick charts as opposed to bar charts. The reason is quite obvious once you’ve seen a candle chart and it is that they offer everything a bar chart does but with the added value of graphically showing the key open and close. This immediately helps to... read more