bearishreversal

MFXSCharts MFXSCharts PRO GBPUSD, D, Short , 3 months ago
GBPUSD: GBPUSD Turns Lower From Resistance Confluence
28 0 3
GBPUSD, D Short
GBPUSD Turns Lower From Resistance Confluence
GBPUSD turned lower earlier in the week, after pair found sellers at resistance zone/channel top confluence. Wednesday saw a Dark Cloud Cover reversal candle, with modest follow through on Thursday. Sellers will be looking to take out rising channel support at 1.32 and counting. A daily close above yesterday's high ...
MFXSCharts MFXSCharts PRO AUDUSD, D, Short , 3 months ago
AUDUSD: AUDUSD Rejected at 2013 Trend-line Resistance
33 0 1
AUDUSD, D Short
AUDUSD Rejected at 2013 Trend-line Resistance
AUDUSD was firmly rejected yesterday, following a false break above trend-line resistance dating back to April 2013. Pair traded to new highs on Thursday, before finishing the day decisively lower, printing a Shooting Star bearish reversal candle. Sellers will now look to push the pair lower to the .7535 - .7480 ...
JeevanKapaganti JeevanKapaganti USDCAD, W, Short , a year ago
USDCAD: USDCAD Divergence Confirmations. Long term Trading Strategy.
122 0 1
USDCAD, W Short
USDCAD Divergence Confirmations. Long term Trading Strategy.
Unfortunately we hit last stop loss but there was no close above the previous highest high. So, there is a high probability to catch the trade again. Risk averse traders can join the trade by sell limit at the low of this week candle. FX:USDCAD If Risk is too high for you .... wait for nice price action/ pattern ...
JoeNeilCarey JoeNeilCarey GBPJPY, 60, Short , a year ago
GBPJPY: GBP/JPY DOUBLE TOP FORMING ON 1HR TIME FRAME?
106 0 2
GBPJPY, 60 Short
GBP/JPY DOUBLE TOP FORMING ON 1HR TIME FRAME?
GBP/JPY IS APPROACHING SIGNIFICANT RESISTANCE AT 194.59, OFFERING A LOW RISK SHORT TRADE AS A DOUBLE TOP MAY POTENTIALLY FORM. PRICE ACTION PREVIOUSLY SUGGESTED THE 194.59 LEVEL WAS PROTECTED BY SELLERS, A REJECTION OF R1 AGAIN EXPOSES THE DOWNSIDE OF 190.97 (S1) - A BREAK OF THE SHORT TERM TRENDLINE THAT HAS ...
bertolinitrading bertolinitrading ULTA, D, 2 years ago
ULTA: Bearish candles on Weekly and Daily charts
31 0 0
ULTA, D
Bearish candles on Weekly and Daily charts
ULTA is in an obvious up trend on the weekly chart. Sort of sideways on the daily chart with an RSI making lower lows and lower highs. But if you put a lot of stock in candle formations then you might be willing to risk some money to the downside. Bearish formation in Friday's candle on the daily (engulfing ...
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