reversal-trade

karndam karndam GBPJPY, 240, 3 days ago
GBPJPY: GBPJPY : Wait and see for the correction phase
56 0 2
GBPJPY, 240
GBPJPY : Wait and see for the correction phase
Hi . Read the description in the chart. At first i look for the 152 for the TP. but today it shows us the volatile candle.
ElemontFX ElemontFX EURUSD, 60, Short , 2 months ago
EURUSD: EURUSD Quick Short Scalp Trade
40 0 0
EURUSD, 60 Short
EURUSD Quick Short Scalp Trade
EURUSD seems to be forming a reversal pattern with the 1H candlesticks, looking to fail a retest of the previous flag pattern and move lower towards the next support level.
ARFXC ARFXC EURJPY, D, Short , 10 months ago
EURJPY: Short On EUR/JPY SELL SELL SELL
3343 26 74
EURJPY, D Short
Short On EUR/JPY SELL SELL SELL
Reasons for On the 4 Hour -We have been bearish since the trend line putting in nice big bearish candles -We have broken our counter trend line -We also have nice long wicks on the upside -This shows me there is more selling pressure On the daily -Firstly this is a long term trade -We can see price is down ...
amanpaulbhogal amanpaulbhogal USDCAD, D, Short , a year ago
USDCAD: Divergence, again, on USD/CAD
156 0 5
USDCAD, D Short
Divergence, again, on USD/CAD
Although in a healthy uptrend, USDCAD has run into resistance at ~1.3070 which happens to be a price level on the weekly chart that has previously been tested (as support in April 2004 and resistance in March 2009). Price closed below this level on Friday as a high test bar. Coupled with bearish divergence on the ...
amanpaulbhogal amanpaulbhogal USDCAD, D, Short , a year ago
USDCAD: Bearish divergence on USD/CAD
215 0 3
USDCAD, D Short
Bearish divergence on USD/CAD
Using bearish divergence to build a case for reversal trading on USD/CAD with the following favouring a potential short scenario: - resistance (3rd touch) at ~1.2800 - bearish high test close below resistance - price reaches and closes below 1.272 Fibonacci extension level - Stochastic and RSI bearish ...
Yuba_Tamazgha Yuba_Tamazgha NZDUSD, 240, Short , 2 years ago
NZDUSD: Deep Bearish Crab on NZD/USD
206 0 1
NZDUSD, 240 Short
Deep Bearish Crab on NZD/USD
A bearish crab (blue) has formed.. A double top at the 1.618 ext may confirm this trade. If not.. there's another bearish harmonic pattern on the daily chart. The bat pattern (yellow). Let's see if the crab pattern will override the Bat and take price ...
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