reversal-trade

karndam karndam GBPJPY, 240, a month ago
GBPJPY: GBPJPY : Wait and see for the correction phase
57 0 5
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 GBPUSD, 240, Long , 2 months ago
GBPUSD: GBPUSD DOUBLE BOTTOM
46 0 0
GBPUSD, 240 Long
GBPUSD DOUBLE BOTTOM
Potential double button on GBPUSD. Price to retest the pennant. May enter long with SL below the local low. Note that it will most likely fail the retest and then continue lower after its attempt.
ElemontFX ElemontFX EURUSD, 60, Short , 2 months ago
EURUSD: EURUSD BREAKOUT SHORT
79 0 3
EURUSD, 60 Short
EURUSD BREAKOUT SHORT
EURUSD just broke even lower. Short to the bottom of the major trendline, where we then expect a reversal. You can enter a long trade at the bottom of the trendline, with tight SL below.
ElemontFX ElemontFX EURUSD, 60, Long , 2 months ago
EURUSD: EURUSD Bullish Reversal
48 0 1
EURUSD, 60 Long
EURUSD Bullish Reversal
EURUSD is forming a W pattern on the 1H chart indicating a possible bullish breakout in the near future. The W is within the potential reversal zone which makes it significant. We expect price to travel up the 4th leg of the W before breaking resistance and moving towards the 200 MA.
ARFXC ARFXC EURJPY, D, Short , a year ago
EURJPY: Short On EUR/JPY SELL SELL SELL
3344 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
158 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 , 2 years ago
USDCAD: Bearish divergence on USD/CAD
216 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 ...
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